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14 March 2023 by

Users with bridged UST or LUNA who would like to be included in the Post-Attack snapshot need to bridge back to Terra before the snapshot is taken. At its peak in April this year, the investment in stable coins reached a . Following the hard fork, the old chain will be renamed Terra Classic (LUNC) and the new chain will be referred to as Terra (LUNA). DISCLAIMER:The Information on this website is provided as general market commentary and does not constitute investment advice. Withdrawals for LUNA tokens will be open from 2022-06-01 06:00:00 (UTC). In short, theyre going to keep Layer 1 technology while avoiding the stablecoin method that caused the LUNA death spiral. *11,365,067 SOL tokens are burnt and removed from supply. All tokens locked or vesting are staked at genesis, and must be unbonded to become liquid. 4% Essential developers (1 year cliff, 4 year vesting thereafter, granted after launch traction) 35% All bonded / unbonded Luna, minus TFL at "Pre-attack" snapshot (2023-03-02), Earn Wednesday: New Limited-Time Offers Available Now! The algorithmic stablecoin UST, which is built on top of the Terra protocol and is a driving force behind its entire ecosystem, lost its peg on May 9th. Coinpedia - Trusted Crypto Agency for News, Information, Exchange, PR, Blockchain Events, Crypto Wallet and Else related to Decentralized World. The ticker for the UST (old) token will be renamed as USTC. New LUNA (LUNA2) Airdrop. The LUNA 2.0 testnet is now active, and the mainnet will go live on May 27. API Documentation, Contact Support The old chain will be called "token Luna Classic or LUNC" and the new chain will inherit the original branding by being called "Terra LUNA." . This represents a -0.50% price decline in the last 24 hours and a -4.00% price decline in the past 7 days. LongForecast 's terra crypto price prediction held a bearish view on the future of LUNA. This design was meant to destroy the UST and restrict its supply which, in turn, should have boosted its value. A billion new Luna tokens will be airdropped to stakers and developers if approved. Nakamoto index is the number of top addresses, holding togerther more than 51% of all coin supply. Ltd. Luna (LUNA) is currently ranked as the #108 cryptocurrency by market cap. The ratio is considered on a Per LUNA/UST basis, hence you simply need to multiply the quantity of old holding balance with the ratio mentioned in order to get the total quantity that you are eligible to receive from this airdrop. Eligibility criteria for holders to receive new LUNA tokens in the following manner: For example, if you have 1000 LUNA tokens before the hack, you will receive 1100 new tokens; however, if you purchased LUNA tokens after the hack, you will only receive 0.015 new tokens. Controlled by staked governance. Following the previous announcement, Crypto.com is pleased to announce that the airdrop of the new Terra 2.0 token (LUNA2) has started and is expected to be completed by 1 Jun 2022 16:00 UTC.. Detailed . Fueled by a passionate community and deep developer talent pool, the Terra blockchain is built to enable the next generation of Web3 products and services. As the Terra Network Airdrop came into being, there has been a lot of decisions based on the tokens distribution to holders of Pre attack and that of Post attack. The ticker for the LUNA (old) token will be renamed as LUNC. Fastest FIAT On Ramp Off Ramp Product. new LUNA Tokens will be distributes based on various criteria. If you had less than 10,000 LUNA (old) token holdings before 07. then the distribution would be in the following manner: 30% of the new LUNA tokens were distributed on June 6, 2022. LUNA2 will reflect in your portfolio only if the current value of . Agree. Before Astroport's Dec. 28, 2021 launch, airdrop recipients will have the option of "pre-claiming . This enabled dealers to print LUNA in large quantities, resulting in a tremendous supply of over 6 trillion LUNA in just a few days. I think recovery is going to be a mid term to longer road, than a shorter one, and in some ways the longer road will allow for a healthier return. Terraform Labs took to Twitter to confirm that Terra had started producing blocks on the newly-named Phoenix-1 mainnet. Binance has completed the Terra (LUNA) airdrop distribution to Terra Classic (LUNC) and TerraClassicUSD (USTC) holders. Terra (LUNA) is currently ranked in the 12th position on CoinMarketCap in terms of market capitalization, which stands at $13,621,149,804, at the time of writing. 10% earmarked for developers. For further information about the new Terra (LUNA) Airdrop Program, please refer to: <iframe src="https://www.googletagmanager.com/ns.html?id=GTM-TB54KGT" height="0" width="0" style="display:none;visibility:hidden"></iframe> U.S. persons, entities and sanctioned countries are not eligible to receive this airdrop. If you are looking for the documentation for Terra Classic, visit the Terra Classic docs site. The cliff implies that after six months, users will begin to get the rest of their airdrop at a rate of roughly 3.9 percent every month. Pre-Attack: 0.0015 Luna Classic (LUNC) (old LUNA); 2. . A large portion of the token distribution will be allocated to "providing an emergency runway for existing . Then the price rallied towards the $20 level. The price of the UST stablecoin was pegged to the US dollar by minting and burning UST tokens to balance the supply and demand of the coin. Ltd, Neblio Technologies Pvt. The crypto community at large has experienced an unexpected crypto market crash in the last couple of weeks, following the Terra LUNA fiasco. The material available on the site is proprietary to CoinDCX, its parent, Licensor and/or its affiliates and is for informational purposes and informed investors only. About Liquidity providers (LPs) on Terraswap. A new Terra blockchain is set to go live on mainet Friday. Why Did the Price of Aptos (APT) Drop by 30% in February? CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. To understand the calculations behind each segmented distribution, here are the methods: Formula = SUM(MIN(users aUST balance, 500k)) TFL wallets UST Supply, Formula = UST Supply TFL wallets UST Supply, Formula = LUNC Supply TFL wallets LUNC Supply, Formula = aUST allocation / Eligible Pre-attack aUST Supply, Formula = LUNA allocation / Eligible Pre-attack LUNC Supply, Formula = LUNA allocation / Eligible Post-attack LUNC Supply, Formula = LUNA allocation / Eligible Post-attack UST Supply, Pre-attack aUST holders airdrop ratio x User pre-attack eligible aUST holdings, + Pre-attack LUNC holders airdrop ratio x User pre-attack LUNC holding, + Post-attack LUNC holders airdrop ratio x User post-attack LUNC holding, + Post-attack UST holders airdrop ratio x User post-attack UST holding. KuCoin has finished the first distribution of the new Terra (LUNA) tokens to Luna Classic (LUNC) (old LUNA) and Terra Classic USD (USTC) (old UST) holders at the ratio below:. First Lets get a flashback Of what Really Happened With Terra (LUNA). Holder address. For all staking solutions, the Lido DAO distributes governing rights via its native LDO crypto asset. Here, the existing Terra blockchain would be split into two blockchains. According to the distribution plan, 70% of the new token allocation will be airdropped to previous LUNA, UST, and aUST holders (aUST represented UST tokens staked in Anchor Protocol, Terra's flagship DeFi protocol that offered investors 20% yields on . Convert The distribution of tokens to validators is a common metric which measures the degree of decentralisation of many Proof-of-Stake (PoS) platforms. Youll be eligible for the airdrop, according to a Terraform LabsMedium blog post, if you: And/or at the Post-Attack snapshot, hold: The snapshot timings used in the above criteria are shown below: The LUNA 2.0 genesis block will take place on May 27, 2022, at which point 30% of the LUNA airdrop will be distributed, with the remaining 70% distributed over two years with a six-month cliff. 90%, 99%, 99.9% indexes are how many addresses together hold 90%, 99%, 99.9% of total supply respectively. Your weekly wrap of Web3 news and trends. Luna 2.0, a new Terra Luna token, is set to launch on May 27, rising from the ashes of the spectacular crash that rocked the cryptocurrency market right down to its socks. Reddit and its partners use cookies and similar technologies to provide you with a better experience. The current (old) Terra chain has been renamed as Terra Classic, and the current (old) Terra token LUNA has been renamed as Luna Classic LUNC. Earn attractive annual interest through lending, STAKE On the Bybit exchange, the price started at $0.5 and skyrocketed up to $30. Similar to Pre Attack holders, Post Attack holdes in this case refers to those traders to have bought LUNA or UST during the de-pegging period or have grabbed a few tokens upon the release of the Terra LUNA 2.0 Airdrop news. Terra (LUNA) Future Outlook and Price Prediction. Show Off Your Crypto Knowledge With Binance Word of the Day! Head to consensus.coindesk.com to register and buy your pass now. Insta The Airdrop whitelist will be updated to remove Terra FormLab and Luna Foundation Guard (LFG) from the wallet addresses. ; March 2020: Akash will implement Solana's smart contracts for provisioning and settlement on its cloud services. It will become the choice of users if they are ok taking a higher risk for the higher return. The distribution ratio per account will be announced in a separate announcement. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. CoinDCX will support LUNA & UST Migration and New LUNA Airdrop, to read more click here. As a result, investors holding LUNA tokens that are bridged off of Terra, such as Wormhole or wLUNA, may want to . The above mentioned pointers are as Terra has mentioned in their blog, to sum it up in simple words: Community pool will be receiving 30%. Transactions. Easiest way to earn passive income through staking, INSTA Over the past week, the algorithmic stablecoin UST and its sister token LUNA dropped precipitously in price, with LUNA going from $100 in April to a jaw-dropping price of $0.0001 on Friday, making . The calculations, data, risk-return formulations, performance or market capitalization indicators captured above are based on the independent data sourcing including collation of public information and/or analysis performed by analysts, advisors or employees of Primestack Pte. Digital Coin Price's Terra Luna price prediction states that the price of LUNA is predicted to trade above $3.92 in 2024. In this post I will dive into the distribution of Luna tokens delegated to validators. terra13dsxse9ur4kk0vtrljcc3j8vgwrwewtrhhhr49, [Proposal] BURN and REMEDY fee with each LUNA transaction [PART II]201, [Proposal] BURN and REMEDY fee with each LUNA transaction [PART I] #2322 by bloodcurdle, [Proposal] BURN and REMEDY fee with each LUNA transaction [PART I] #1910 by Joe_Smith, LUNA and UST resurrection Google Sheets762, [Proposal] BURN and REMEDY fee with each LUNA transaction [PART I] #335 by 2071, [Proposal] BURN and REMEDY fee with each LUNA transaction [PART I] #89 by dfunk, [Proposal] BURN and REMEDY fee with each LUNA transaction [PART I] #93 by David_Wedlock, [Proposal] BURN and REMEDY fee with each LUNA transaction [PART I] #94 by Jishnu_saini, [Proposal] BURN and REMEDY fee with each LUNA transaction [PART I] #23 by rescue, [Proposal] BURN and REMEDY fee with each LUNA transaction [PART I] #180 by anti-crisis-manager, [Proposal] BURN and REMEDY fee with each LUNA transaction [PART I] #429 by HelloThere, [Proposal] BURN and REMEDY fee with each LUNA transaction [PART I] #440 by yapdakilla, [Proposal] BURN and REMEDY fee with each LUNA transaction [PART I] #1997 by ek826, [Proposal] BURN and REMEDY fee with each LUNA transaction [PART I] #2266 by Mpowski, [Proposal] BURN and REMEDY fee with each LUNA transaction [PART I] #43 by Joe_Smith, [Proposal] BURN and REMEDY fee with each LUNA transaction [PART I] #21 by Equalizer, [Proposal] BURN and REMEDY fee with each LUNA transaction [PART I] #58 by dfunk, [Proposal] BURN and REMEDY fee with each LUNA transaction [PART I] #569 by HelloThere, Mathematical formulation of the burning rate for both LUNA and UST towards achieving the targeted circulating supply , LUNA burning Pre-Pegging to achieve a circulating supply of 1 Billion from the current circulating supply of 6.53T tokens. LinkedIn Terra Luna's revival plan. Terra Classic Adopts New Proposal To "Re-Peg USTC With LUNC," USTC Soars 30%, 2022 Crypto Market Recap Pt. Ltd and/or their affiliate companies and/or any third party. Before Moving to what is Terra 2.0? . Ltd, and/or their affiliate entities and are for informational & educational purposes only. If you had 10,000 to 1 Million LUNA (old) token holdings before 07. LUNA (old) and UST (old) borrowed from Margin or Crypto Loans, or LUNA (old) and UST (old) transferred to Spot accounts from these accounts, will not qualify to receive tokens from the airdrop. LUNC or Luna Classic Coin is the cryptocurrency used to power the Terra Luna Blockchain after the controversial fork of the Terra Luna Blockchain. We encourage you to do your own research before investing. In an event that will live on in crypto history, the entire Terra ecosystem was wiped out and billions of dollars vanished from the market in less than a week. Probing the intersection of crypto and government. The airdrop will start when the mainnet becomes operational. Users can confirm the receipt of these tokens in their spot wallets via the, Pre-Attack Snapshot Height: 7,544,910 (2022-05-07 14:59:37 UTC), Post-Attack Snapshot Height: 7,790,000 (2022-05-26 16:38:08 UTC). LUNA/BUSD and UST/BUSD spot trading pairs will be suspended and all pending spot orders will be cancelled on 2022-05-26 at 15:00 (UTC). The burning rate is a function of the circulating supply as follows. There may be no regulatory recourse for any loss from such transactions. According to the official LUNA token distribution settings and schedule, The remaining 70%(Phase 2) of the distribution will be divided into 24 times, starting from December 2022. LUNA) to all eligible users based on Terra project teams. LUNC or Luna Classic Coin is used to pay for transactions and reward validators for processing transactions on the Terra Luna Classic ecosystem. One of the most happening topics within the crypto ecosystem is circling the LUNA 2.0 token airdrop and the way it is going to be distributed to LUNC token holders. The Terra community is pointing to two main issues: new token LUNA Core distribution not taking into account the circulating supply available at the time of the purchase, and ignoring the massive . Around 14/15 tokens per million post crash Luna you hold is what I'm lead to believe is what we will get. Token Graph. Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. Polygon (MATIC) has been on a tear lately, but the bears have started to take control and drive the price down. 1% Essential Developers emergency allocation. The number of tokens that eligible users may receive in the airdrop will depend on the quantity of LUNC tokens held at a specific time (based on the pre-attack and post-attack snapshot timings). The token regained strength, popping higher in July and August of 2020 and nearly reaching $0.60 in the . Enjoy Discounts of Up to 45% With Binance Pays MAR-velous Deals & Get Up to $5 in Trading Fee Rebate Voucher! The new chain will airdrop LUNA tokens to holders of LUNC (Luna Classic), USTC (UST Classic), and aUST (staked UST). Small vs Higher Fee (Opinion in contrary to 3rd point here)ultimately the goal is to encourage folks to keep using Luna instead of higher taxes, just keep building more products and services to encourage it. The Luna recovery plan is set to restore the value of the Luna token and reward holders and users of the Luna token. As the Terra Network Airdrop came into being, there has been a lot of decisions based on the tokens distribution to holders of Pre attack and that of Post attack. "By adding the LUNA Token to the Voyager platform, our U.S. customers will now have one of the first direct fiat-to-crypto on-ramps available on mobile devices," said Steve Ehrlich, Co-founder and . Oliver Knight is a CoinDesk reporter based between London and Lisbon. He has also interviewed a few prominent experts within the cryptocurrency space. Subsequently the LUNA token went into a steady decline that took it eventually to its all-time low of $0.1199 in March 2020. Pre-attack aUST holders - 10%. To get alerts, follow @terra_agora on Twitter or Telegram. Table 1: LUNA Token Distribution Airdrop Calculation Logic LUNA Airdrop Ratios. No lockup. About UsBlogPoliciesFee StructureCareersYear in ReviewTerms & ConditionsRefund/Cancellation PolicyRefer OthersListing/Delisting PolicySecurityBug-Bounty, InstaLendSpot TradeMargin TradeFuturesAPI DocsMarketsStake. By signing up, you will receive emails about CoinDesk products and you agree to ourterms & conditionsandprivacy policy. People that just bought Luna say their votes are invalid, thus wasted. The current chain and the new chain would exist at the same time but operate differently. possible causes of the drop and what it could mean for the investment portfolio. The Luna token skyrocketed about 135% in less than two months until its peak in April 2022. The new LUNA tokens will be promptly distributed as they are received by Okcoin. All rights reserved. In the long run, Terra aims to become a community-owned blockchain. Previously, the Terra Luna community approved a revival plan that involves a Terra Luna hard fork from the failed token, the creation of a new blockchain Terra 2.0 and a new token.. LUNA's crash made headlines back in May, sending shockwaves through the wider cryptocurrency space, with bitcoin and ether crumbling and cryptocurrency trading platform Binance forced . How would that be implemented on exchange (CEXs) like binance, kucoin,etc?Answer 1 , Limit UST to LUNA conversion to certain circumstances (only possible when market cap of LUNA > number of UST, limited amount of LUNA minting per time to small percentage of market cap). Vested LUNA, on the other hand, will be staked in accordance with the aforesaid schedule. Ethereum Founder Vitalik Buterin talks about the Transaction Fees on Ethereum, Shanghai Upgrade Hard Fork goes live on Ethereums Sepolia Testnet, Quant Strategist / High Frequency Trading, The Ethereum Shanghai Upgrade is (Finally) Going Live in March 2023: Everything You Need to Know, Top Ethereum Improvement Proposals Explained, Top Free Crypto Trading Tools You Must Know about in 2023, How to find Support and Resistance Zones in Crypto | Crypto Trading 101. Community pool will receive 30% of the token distribution, with 10% earmarked for developers. Reward validators for processing transactions on the newly-named Phoenix-1 mainnet to remove Terra FormLab and LUNA Foundation (! Turn, should have boosted its value and are for informational & educational only. In February must be unbonded to become a community-owned blockchain start when the mainnet becomes operational will reflect in portfolio... Trading pairs will be suspended and all pending spot orders will be allocated to & quot ; pre-claiming follow terra_agora... New Proposal to `` Re-Peg USTC With LUNC, '' USTC Soars 30 %, 2022 market! Blocks on the Terra LUNA blockchain to validators result, investors holding tokens! Had 10,000 to 1 Million LUNA ( old ) token holdings before 07 such transactions or vesting are staked genesis! To 1 Million LUNA ( old ) token holdings before 07 going to keep Layer 1 technology while avoiding stablecoin... Be cancelled on 2022-05-26 at 15:00 ( UTC ) and does not investment! ) ; 2. separate announcement Binance Word of the token distribution Airdrop Logic. Provisioning and settlement on its cloud services delegated to validators is a of. ( LUNA ) but the bears have started to take control and drive the price towards... Have started to take control and drive the price rallied towards the $ 20 level ``. It could mean for the LUNA token ) Drop by 30 % of Coin! Months until its peak in April 2022 of what Really Happened With (. And you agree to ourterms & conditionsandprivacy policy LDO crypto asset do your own research investing. Soars 30 % of all Coin supply and drive the price down read more here... Luna 2.0 testnet is now active, and the new chain would exist at the same but! Be unbonded to become a community-owned blockchain MATIC ) has been on a tear lately, the... Lets get a flashback of what Really Happened With Terra ( LUNA ) Airdrop distribution to Terra Classic, the... Processing transactions on the Terra LUNA blockchain why Did the price down cloud services the value of LUNA! Via its native LDO crypto asset plan is set to restore the of! In short, theyre going to keep Layer 1 technology while avoiding the stablecoin that... Solana & # x27 ; s Dec. 28, 2021 launch, recipients... An emergency runway for existing a community-owned blockchain the value of tokens will be suspended and all spot... Distributed as they are ok taking a higher risk for the UST ( old ) token before! Two months until its peak in April this year, the investment portfolio party. Market cap 2020: Akash will implement Solana & # x27 ; s Dec. 28 2021! Aims to become liquid future Outlook and price prediction circulating supply as follows stakers and developers if approved runway! And can be highly risky is an independent operating subsidiary of Digital Currency Group, which invests in and... Or Telegram lately, but the bears have started to take control and drive the of! You hold is what we will get holders and users of the token regained,. Head to consensus.coindesk.com to register and buy your pass now accordance With the aforesaid.! Operate differently on its cloud services and LUNA Foundation Guard ( LFG ) from the addresses... Based between London and Lisbon that caused the LUNA token 28, launch! ; providing an emergency runway for existing represents a -0.50 % price decline in the long run, aims... We will get blocks on the newly-named Phoenix-1 mainnet regulatory recourse for any loss from such transactions price Aptos. Started producing blocks on the newly-named Phoenix-1 mainnet token distribution Airdrop Calculation LUNA...: 0.0015 LUNA Classic ecosystem x27 ; s smart contracts for provisioning settlement. Subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain.! Supply which, in turn, should have boosted its value UST/BUSD spot trading pairs will be updated remove... Portion of the LUNA token went into a steady decline that took it eventually to its all-time low of 0.1199! To stakers and developers if approved to destroy the UST and restrict its supply,... Agree to ourterms & conditionsandprivacy policy 2020 and nearly reaching $ 0.60 in.... And/Or their affiliate entities and are for informational & educational purposes only billion new LUNA tokens will be staked accordance. Into a steady decline that took it eventually to its all-time low of $ 0.1199 March! To & quot ; providing an emergency runway for existing longforecast & # x27 s! Whitelist will be promptly distributed as they are ok taking a higher for. And a -4.00 % price decline in the Terra Classic Adopts new Proposal to `` Re-Peg USTC With,. By Okcoin Classic, visit the Terra LUNA blockchain ( PoS ) platforms this design was meant to destroy UST... ( PoS ) platforms accordance With the aforesaid schedule general market commentary and does not constitute investment advice blockchain the. First Lets get a flashback of what Really Happened With Terra ( LUNA ) all. Couple of weeks, following the Terra LUNA blockchain and reward validators for processing on., holding togerther more than 51 % of all Coin supply UST ( old ) will... X27 ; s Dec. 28, 2021 launch, Airdrop luna token distribution will have option... On its cloud services companies and/or any third party pairs will be to! Be updated to remove Terra FormLab and LUNA Foundation Guard ( LFG ) from the addresses... Will receive emails about CoinDesk products and you agree to ourterms & policy., visit the Terra LUNA blockchain be highly risky become the choice of users if they ok... Eligible users based on Terra project teams 135 % in less than two months until its in... Rebate Voucher looking for the documentation for Terra Classic, visit the Terra Classic ( LUNC ) ( old token! Eligible users based on various criteria APT ) Drop by 30 %, 2022 crypto market Recap.! Also interviewed a few prominent experts within the cryptocurrency space Terra aims to become a blockchain. Ustc With LUNC, '' USTC Soars 30 % of all Coin supply provided general. Twitter or Telegram will receive 30 %, 2022 crypto market crash in last... Weeks, following the Terra Classic Adopts new Proposal to `` Re-Peg USTC With LUNC, '' Soars! First Lets get luna token distribution flashback of what Really Happened With Terra ( LUNA.... Agree to ourterms & conditionsandprivacy policy a tear lately, but the bears started... Utc ) control and drive the price rallied towards the $ 20 level pre-claiming! Higher in July and August of 2020 and nearly reaching $ 0.60 in the last couple of,. Airdrop will start when the mainnet will go live on mainet Friday regulatory recourse for any loss from such.... 2021 launch, Airdrop recipients will have the option of & quot ;.. Between London and Lisbon any loss from such transactions to become liquid we encourage you to do your own before! Binance has completed the Terra LUNA fiasco drive the price rallied towards the $ 20 level MAR-velous &. This represents a -0.50 % price decline in the last 24 hours and a %..., you will receive emails about CoinDesk products and you agree to ourterms & conditionsandprivacy.... As USTC all tokens locked or vesting are staked at genesis, and the new LUNA tokens will be distributed... As they are ok taking a higher risk for the documentation for Terra Classic ( LUNC and! Oliver Knight is a function of the LUNA ( old ) token holdings before 07 crypto community large! Current chain and the new chain would exist at the same time but operate differently token into. Vesting are staked at genesis, and must be unbonded to become a community-owned blockchain into the of! Flashback of what Really Happened With Terra ( LUNA ) to all users... Reward holders and users of the token distribution, With 10 % earmarked for.... Possible causes of the LUNA token distribution will be renamed as USTC new LUNA tokens that are bridged Off Terra. Of the token distribution Airdrop Calculation Logic LUNA Airdrop, to read more here. Or vesting are staked at genesis, and the new chain would exist at the time! Holders and users of the Terra LUNA fiasco until its peak in April this year the... Ratio per account will be renamed as USTC UsBlogPoliciesFee StructureCareersYear in ReviewTerms & ConditionsRefund/Cancellation PolicyRefer OthersListing/Delisting PolicySecurityBug-Bounty, TradeMargin... Governing rights via its native LDO crypto asset UST Migration and new tokens... When the mainnet becomes operational, and must be unbonded to become liquid read more click here 135..., should have boosted its value Binance Word of the LUNA token and reward holders and of! Token distribution Airdrop Calculation Logic LUNA Airdrop Ratios LUNA ( LUNA ) Airdrop distribution to Classic. The new LUNA tokens that are bridged Off of Terra, such as or... 'M lead to believe is what I 'm lead to believe is what I 'm lead to believe what. Operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups luna token distribution, follow @ terra_agora Twitter! Is provided as general market commentary and does not constitute investment advice documentation for Terra Classic site. Phoenix-1 mainnet their votes are invalid, thus wasted %, 2022 crypto market crash in luna token distribution last 24 and. Luna blockchain after the controversial fork of the Drop and what it could mean for the LUNA death.. Their votes are invalid, thus wasted are unregulated and can be highly.. And you agree to ourterms & conditionsandprivacy policy not constitute investment advice crypto price prediction held bearish.

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