Hey everyone,
Starting Epoch 629 (May 4), NACHO pool will distribute 100 NIGHT tokens to delegators each epoch.
**How it works:**
- Proportional to your live stake
- Minimum 1,000 ADA to qualify
- No registration needed — if you're delegating to NACHO, you receive NIGHT automatically
- Sent directly on-chain to your payment address via a CIP-30-signed transaction
**Why NIGHT?**
NIGHT is Midnight Network's utility token (policy: `0691b2fecca1ac4f53cb6dfb00b7013e561d1f34403b957cbb5af1fa`).
It generates DUST, the resource that powers transactions on the Midnight privacy network.
Once Midnight's Mōhalu phase activates (Q2 2026), SPOs who run a Midnight node will earn NIGHT at the protocol level for their delegators. NACHO is distributing ahead of that — funded from our own Glacier Drop holdings — so our delegators don't miss out during the interim period.
**Pool:** NACHO (`pool1dhugawja82wkmrq0lhd24uyrhm02v7grdhnren9r2qgujsh5kml`)
**More info:** nacho.builders
Happy to answer any questions about the distribution mechanics.