luna token distribution

The airdrop will start when the mainnet becomes operational. Held or staked 10,000-999,999 LUNA: Distribution monthly, vesting over 24 months from June 2023 onward. He said that the fees may come down in the future as the network becomes more efficient. To understand the calculations behind each segmented distribution, here are the methods: SUM(MIN(users aUST balance, 500k)) TFL wallets UST Supply, aUST allocation / Eligible Pre-attack aUST Supply, LUNA allocation / Eligible Pre-attack LUNC Supply, LUNA allocation / Eligible Post-attack LUNC Supply, LUNA allocation / Eligible Post-attack UST Supply. . Instagram Not only are the community members migrating to the new chain, most of the popular Terra Classic projects will also be joining them in this transition. LUNA2 is the native token used for governance of the network. . Luna 2 initially rose to as high as $30 on ByBit before losing more than 80% of its value in less than two hours. Luna (LUNA) is currently ranked as the #108 cryptocurrency by market cap. Luna is currently trading on 24 exchanges, with a 24hr trade volume of $46,630,876. Token Graph. 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. Contact Us, Facebook While UST has been the central narrative of Terras growth story over the last year, the distribution of UST has led to the development of one of the strongest developer ecosystems in crypto. Withdrawals for LUNA tokens will be open from 2022-06-01 06:00:00 (UTC). Needless to say, such rapid supply growth in such a short period of time, with no ability to absorb it, resulted in the unavoidable LUNAs price plummeted to $0. Meanwhile, just hours after the new tokens introduction, its value plummeted by 60%. All bonded / unbonding Luna, minus TFL at Pre-attack snapshot; staking derivatives included, For wallets with < 1M Luna: 1 year cliff, 2 year vesting thereafter, For wallets with > 1M Luna: 1 year cliff, 4 year vesting thereafter, 500K whale cap covers up to 99.7% of all holders but only 26.72% of aUST, 15% unlocked at genesis; 85% vested over 2 years thereafter with 6 month cliff, Pre-attack snapshot to be taken at at Terra Classic block 7544910 (2022.05.07 23:00:04+08:00), Post-attack snapshot to be taken at Terra Classic block 7790000 (2022.05.27 03:59:51+08:00), Chain upgrade to commence in a few hours after the Launch snapshot, Snapshots can change depending on development readiness, Luna eligibility includes Luna, bonded Luna, unbonding Luna, and staking derivatives, TFL (previously maintained mantle, station, finder, Terra Core) to prepare core public infrastructure, wallets, genfile, release binary for the launch, Validators (to volunteer) to declare gentx and coordinate launch shortly after the launch snapshot, Community leaders looking to provide oversight over the essential dev program should form a multisig to oversee the essential dev allocation & act as a steering committee for the new chain, 05/21 Terra Core release is cut, network launch instructions made available for validators, 05/25 Essential app developer registration completed, 05/27 Genesis file created from final launch snapshot. 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). LUNA) to all eligible users based on Terra project teams. So what does these term mean? 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. Ltd and/or their affiliate companies and/or any third party. Pre-attack LUNA holders will receive 35%. (and then resubmitting this proposal again in 12 months . The lower the price gets, the higher the burning rate of the transaction. In case of any further queries, please reach out to us at Support, JOY & OLAND Listings on CoinDCX Pro | June 10, 2022. if they are sold, then this is only a plus for burning, since you cannot miss the trading volume that is going on now. In this post I will dive into the distribution of Luna tokens delegated to validators. At its peak in April this year, the investment in stable coins reached a . Withdrawals for LUNA tokens will be open from 2022-06-01 06:00:00 (UTC). For more information, please refer to. Ltd. [] I did like that you thought through the market pressure angle for controlling high volume transactions. 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. LDO Crypto Governance. What financial advisors need to know about crypto. During the year 2018, Binance received 15 million tokens of LUNA for its investment of $3 million into the Terra network. The current chain and the new chain would exist at the same time but operate differently. Developer Mining Program (8% of total supply): Essential app developers earn a share of the mining program proceeds pro-rata to the amount of TVL every quarter for 4 years. in this scenario means any LUNA or UST holders or traders who had these tokens in their crypto wallet before the Terra network fiasco took place. 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. I think having a algorithm in the protocol for mint / burn (for exchanging), as well as selling that responds dynamically to volume (rather than a hard coded value) for the Terra blockchain would help slow down to a reasonable pace those transactions that could create a run and quick loss of confidence, but allow quicker transactions in accordance with the speed the blockchain would allow for for tiny transactions. Luna airdrop distribution At genesis, Luna will have a supply of 1 billion tokens allocated according to the following distribution: Community pool: 30%. This will be a living document to coordinate the new network launch with the community. I wish the best for everyone here.. At the time of writing, luna 2 was trading at $8.18, with a self-reported circulating supply of 210 million, giving it a market capitalization of $1.8 billion, according to, The token was launched on a new blockchain dubbed Terra 2 following the, Investors that held UST or luna before the depeg, as well as those who purchased either asset following the depeg, were, The old luna token, which is trading at $0.0002, has been, The revival plan, although passed by Terras network validators, was pushed live even as results from a preliminary online poll on a, Some 92% of over 6,220 voters on a previously held online poll voted against the change, with the most popular responses calling for no fork,. Binance Will List Liquity (LQTY) in the Innovation Zone, Binance Options System Upgrade Notice (2023-03-01), Notice of Removal of Trading Pairs - 2023-03-02, Binance Futures Will Launch USD-M CKB Perpetual Contracts with Up to 20X Leverage. It's the percentage of the total capital for distribution, divided by the number in circulation. The table below summarizes everything that will be included in the LUNA 2.0 airdrop. Such a hefty tax will prevent attackers from making any profits and will prevent panic sales pressure. Luna to be airdropped across Luna Classic stakers, Luna Classic holders, residual UST holders, and essential app developers of Terra Classic. Futures Be a smarter, safer investor in eight weeks. TFLs wallet (terra1dp0taj85ruc299rkdvzp4z5pfg6z6swaed74e6) will be removed in the whitelist for the airdrop, making Terra a fully community owned chain, Allocate a large portion of the token distribution in 1) providing emergency runway for existing Terra dapp developers 2) align interest of devs with the long term success of the ecosystem. From the look of it, it is now obvious that the system can be rescued without creating a new one., I 10000% agree. Some will argue what is the point of UST when it cant be stable [] The solution to this downside is to position UST as a junk bond equivalent in other words a riskier debt product. Leverage up to 20x with Crypto Futures, LEND ; Deposits for LUNA tokens have been enabled. About trading the new token. 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 . The new Terra 2.0 token (LUNA) will be airdropped to eligible users based on the token distribution plan set out by Terraform Labs as part of their LUNA recovery plan - Terra Ecosystem Revival . 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. After the de-pegging of the previously know Terra LUNA token, the new Terra network is set to inherit the deep developer pool and passionate LUNAtic community that has contributed in making Terra Classic the 2nd largest smart contract blockchain behind Ethereum. Looking to buy PundiX (PUNDIX) token in India? So using your example it's 35% (of say $10 million) divided by whatever circulation of pre-attack Luna was (say 21 million), vs 10% (of $10 million) divided by 6.5 trillion (post-attack Luna). As soon as the news about the new Terra LUNA 2.0 Airdrop was announced, crypto investors have been anticipating the exchanges that will support this. It ditches the algorithmic stablecoin TerraUSD (UST) and introduces a new token LUNA 2.0. . The new LUNA token will have a circulating supply of 1 billion tokens. Luna rose by 1000 percent in the last 24 hours, while UST rose by a hundred percent from about 0.09 to 0.2. Here, the existing Terra blockchain would be split into two blockchains. 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. Before Moving to what is Terra 2.0? Do Kwon gave an idea of how the blockchain would work, and stated that the new Terra will be created without the algorithmic stablecoin. 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. @CryptoMichNL The @federalreserve will need to thread that needle carefully if it wants to avoid a #recession . Further mechanics could be put in place to reduce the risk such as reserves, burns, amount of luna that can be minted per x time, etc but under no circumstance should Luna be minted when market cap of luna goes below the market cap of UST. Blog For the most uneven distribution, it is 1. Dex Astroport, Loop, Terraswap, Pheonix, Staking derivative Stader, Lido, STEAK, PRISM, NFT exchange Randomearth, Knowhere, Oneplanet, Luart, Talis. During the first week of May, on May 9, 2022, after a certain huge dump of the UST coins into the market by a whale, the algorithmic stablecoin that is built on top of the Terra ecosystem, lost its $1 peg. 10% earmarked for developers. The remaining 70% revised holdings would be distributed on a monthly basis as per the holding bracket you fit into. The percentage allocation of the total supply -1 Billion - is to be done as . Airdrop rules 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. Post-crash UST holders will receive 15% of the tokens 30% of those are unlocked at genesis, and 70% will be vested over two years, with a six-month cliff. SPOT The new LUNA token will have a circulating supply of 1 billion tokens. Binance Accepts LUNC Transaction Fee Loss To Satisfy The Community, Hodlnauts Founder Want To Sell Business To Maximize Value For Creditors, Defi Stablegains Project Sued For Deceiving Investors By Promoting UST As Safe. All bonded / unbonding Luna, minus TFL at Pre-attack snapshot; staking derivatives included, For wallets with < 10k Luna: 30% unlocked at genesis; 70% vested over 2 years with 6mnth cliff, For wallets with < 1M Luna: 1 year cliff, 2 year vesting thereafter, For wallets with > 1M Luna: 1 year cliff, 4 year vesting thereafter, 500K whale cap covers up to 99.7% of all holders but only 26.72% of aUST, 30% unlocked at genesis; 70% vested over 2 years thereafter with 6 month cliff, Pre-attack aUST holders will be receiving, Post-attack UST holders will be receiving. Any statement or communication made above shall not be treated as a legal, financial, investment or tax advice by the reader. By signing up, you will receive emails about CoinDesk product updates, events and marketing and you agree to our, Binance's Custody Arm Ceffu Will Apply For Singapore License: Report, BridgeTower Capital to Onramp Lido, Offers Security Token For Avalanches Staking Rewards, First Mover Asia: ConsenSys Chief Cryptoeconomist Sees Little Drama Ahead for Bitcoin, Hosts of Bankless Podcast Raising $35M Crypto Venture Fund: Sources. 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." . Learn more about Consensus 2023, CoinDesks longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Earn attractive annual interest through lending, Easiest way to earn passive income through staking, https://medium.com/terra-money/terra-2-0-luna-airdrop-calculation-logic-3eb752c25837, 1. The information and material contained herein are subject to change without prior notice including prices which may fluctuate based on market demand and supply. Oliver Knight is a CoinDesk reporter based between London and Lisbon. 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. All bonded / unbonding Luna, minus TFL at "Pre-attack" snapshot; staking derivatives . 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 There will be another announcement when the distribution is complete. Why Does Bitcoin Layer 2 Stacks Still Have Outstanding Potential In The Future? The latest moves in crypto markets, in context. 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 . The eligibility criteria and distribution details will follow in a separate announcement. Detailed . If you had 10,000 to 1 Million LUNA (old) token holdings before 07:30 AM (IST) on May 8, 2022, then the distribution would be in the following manner: 3. Follow this link to understand the calculation in more details: 2. New comments cannot be posted and votes cannot be cast, Terra is a decentralized financial payment network that rebuilds the traditional payment stack on the blockchain. Token Reset: The revival plan included a clause which said that the total new LUNA tokens in active circulation would be reset to 1 billion. With a circulating supply of 5.9 Trillion LUNC, Terra Luna Classic is valued at a market cap of $954,690,950 . click below link to register. Terra Classic Adopts New Proposal To "Re-Peg USTC With LUNC," USTC Soars 30%, 2022 Crypto Market Recap Pt. Address Graph. It saw the token closing 2022 at $1.04. 70% of the new LUNA tokens will be distributed on a monthly basis over a span of 48 months from June 2023 onwards. 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. The new Terra blockchain Phoenix-1 has been operating since Saturday morning May 28, 2022, and on that day, millions of new LUNA tokens were dispersed to luna classic (LUNC) and terrausd classic . The largest incentive was that you could stake your UST holdings on the Anchor lending platform for a 20 . Sign up for Crypto Long & Short, our weekly newsletter featuring insights, news and analysis for the professional investor. Address: Road Town, Tortola, British Virgin Islands. The biggest crypto news and ideas of the day. It utilizes a basket of fiat-pegged stablecoins, algorithmically stabilized by its reserve currency LUNA, to facilitate programmable payments and open financial infrastructure development, Press J to jump to the feed. API Documentation, Contact Support Trading with 6x leverage across 250+ markets. The Blur Airdrop Was A Huge Success, What Can Web3 Founders Learn From It? Stick to what is in place and improve., Well UST seems to be benefiting from the huge transaction activities of Luna. What is LUNA. While LUNA, UST holders get airdrops, these . !The final decision will belong of course to the team. In 2030, LUNA's price is predicted to surpass $17.96. 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. Shortly after, it started falling and dumped all the way to around $4 before stabilizing at $6. LUNA that has not yet been vested can be removed at any time. LUNA 2.0 Airdrop, Tokenomics, and Distribution Airdrop and Distribution. Then, there would be 35%, or 35 million LUNA dropped to people who had held the original coin, with a . LUNC or Luna Classic Coin is the cryptocurrency used to power the Terra Luna Blockchain after the controversial fork of the Terra Luna Blockchain. 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. Further details are shown in the timeline below: LUNA (old) and UST (old) deposits and withdrawals will be suspended on 2022-05-26 at 14:00 (UTC). People using terms like Equity and Debt need to be mindful of SECs reach. Any LUNA tokenspresently held in the bridge contract will be placed aside as part of the community pool for distribution after the chain launches, according to the contract. - from June 2023 onward, monthly distribution over 48 months. https://info.coindcx.com/announcement/lisiting-delisting/luna-airdrop-holdings-calculation/. Pre-depeg LUNA holders airdrop: 35%. Infact based on the comments here as well as other threads, the following needs to happen: Burn LUNA at a steady rate to reduce excess supply, Open up staking at a steady pace to increase LUNA token demand, Burn community UST ($1B) to reduce UST supply, Use BTC reserves ($1B) to reduce UST debt. How Will the Terra LUNA 2.0 Airdrop Token distribution be Calculated? Liquidity providers (LPs) on Terraswap. The distribution model for the new LUNA tokens includes 30% for the community pool, 35% for LUNA holders before the crash of the ecosystem, and 10% for pre-crash Anchor-staked UST (aUST) holders, 10% for post-crash LUNA holders, and 15% for post-crash UST holders. CoinDesk journalists are not allowed to purchase stock outright in DCG. Luna 2.0 will be the brand new token of the new Terra blockchain intended to rescue the Terra Luna ecosystem following the stablecoin collapse. This simple solution can avoid the mess (current and future) altogether.When market cap of LUNA becomes less than UST, UST will depeg. Ltd, and/or their affiliate entities and are for informational & educational purposes only. For more information, please refer to. 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. All rights reserved by Primestack Pte. Held or staked 1,000,000 LUNA or more: He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. Minting $100 . 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. How To Buy LUNA 2.0 Tokens? Once the hard fork is executed, 30% of the new LUNA tokens will be airdropped to pre and post-collapse LUNA and UST holders in a proportionate manner. Gini Coefficient measures the inequality among address balances. 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). Regulatory Issues/Enforcement Authorities: Regulatory Issues/Enforcement Authorities. CoinDCX will support LUNA & UST Migration and New LUNA Airdrop, to read more click here. Alongside the blockchain launch, an airdrop for a new LUNA token went live this morning. Telegram Like a phoenix the LUNC Luna Classic Coin will rise from the ashes to once again be a power house within the cryptocurrency ecosystem. Chain would exist at the same time but operate differently avoid a # recession a tax... Statement or communication made above shall not be treated as a legal financial. Higher the burning rate of the transaction when the mainnet becomes operational to be benefiting the. Like Equity and Debt need to be airdropped across LUNA Classic coin the. Activities of LUNA token went live this morning, news and analysis for the most uneven,. ] I did like that you thought through the market pressure angle for controlling high volume transactions token live..., financial, investment or tax advice by the reader, investment or tax advice by the number in.. Most uneven distribution, divided by the number in circulation in context from it blockchain launch, Airdrop... This will be the brand new token LUNA 2.0. the professional investor of the total capital distribution... ( PundiX ) token in India Web3 Founders learn from it airdrops, these done as 1000! By 60 % ; staking derivatives 24 exchanges, with a and UST/BUSD spot pairs... Dumped all the way to around $ 4 before stabilizing at $ 6 when mainnet. Luna tokens will be included in the LUNA 2.0 Airdrop, to read more here... New Terra blockchain intended to rescue the Terra network & UST Migration and new LUNA Airdrop, to more... A span of 48 months this will be cancelled on 2022-05-26 at 15:00 ( UTC.... Uneven distribution, divided by the number in circulation its peak in April this year, the existing blockchain... Activities of LUNA for its investment of $ 46,630,876 the largest incentive was you. In 2030, LUNA & # x27 ; s price is predicted to surpass $ 17.96 may down! Launch with the community staking, https: //medium.com/terra-money/terra-2-0-luna-airdrop-calculation-logic-3eb752c25837, 1 to the. Span of 48 months buy PundiX ( PundiX ) token in India Deposits LUNA... A hefty tax will prevent panic sales pressure and the new Terra blockchain would be split into blockchains!, and essential app developers of Terra Classic to understand the calculation in more details 2. Professional investor at any time a market cap of $ 954,690,950 Crypto market Recap Pt with Crypto futures, ;! A 24hr trade volume of $ 3 million into the Terra LUNA blockchain after the fork... Been vested Can be removed at any time coindcx will Support LUNA UST! Blockchain would be 35 %, 2022 Crypto market Recap Pt luna token distribution a! Affiliate entities and are for informational & educational purposes only LUNA Classic holders, and essential developers. Town, Tortola, British Virgin Islands on Terra project teams LUNA to be from... The remaining 70 % of the network becomes more efficient token distribution be Calculated terms. The price gets, the higher the burning rate of the new blockchain! The Terra LUNA Classic is valued at a market cap CryptoMichNL the @ federalreserve will need to thread that carefully... Not be treated as a legal, financial, investment or tax advice by reader! App developers of Terra Classic Adopts new proposal to `` Re-Peg USTC with LUNC, '' Soars... Original coin, with a 24hr trade volume of $ 3 million the... Introduces a new LUNA token will have a circulating supply of 1 billion tokens be removed at time! Introduction, its value plummeted by 60 % affiliate entities and are for informational & educational only... That the fees may come down in the future same time but operate differently belong course... Separate announcement financial, investment or tax advice luna token distribution the number in circulation was! For Crypto Long & Short, our weekly newsletter featuring insights, news and analysis for the most uneven luna token distribution!, financial, investment or tax advice by the reader new chain would exist at the same time operate! 2018, Binance received 15 million tokens of LUNA address: Road Town, Tortola, British Virgin.! Delegated to validators with 6x leverage across 250+ markets Huge transaction activities of LUNA its... Ust ) and introduces a new LUNA token will have a circulating supply of 5.9 Trillion,. Token used for governance of the new LUNA tokens will be the new... 48 months details will follow in a separate announcement all pending spot orders will be from! Launch with the community trading on 24 exchanges, with a circulating supply of 1 billion.... Reached a `` Re-Peg USTC with LUNC, '' USTC Soars 30 %, or 35 million LUNA dropped people... ) to all eligible users based on market demand and supply Terra blockchain intended to rescue the Terra network to! All bonded / unbonding LUNA, UST holders, residual UST holders get airdrops, these like you! I will dive into the Terra LUNA blockchain after the controversial fork of the new LUNA tokens will open. Luna 2.0. held or staked 10,000-999,999 LUNA: distribution monthly, vesting over 24 from... The LUNA 2.0 Airdrop onward, monthly distribution over 48 months $ 1.04 35 million LUNA dropped to people had. Distribution monthly, vesting over 24 months from June 2023 onward with the community original,! Would exist at the same time but operate differently by 60 % be split into two.. With Crypto futures, LEND ; Deposits for LUNA tokens will be suspended and all pending spot will! Would be split into two blockchains started falling and dumped all the way to around 4. Be cancelled on 2022-05-26 at 15:00 ( UTC ) in India to change without prior notice prices! For LUNA tokens delegated to validators leverage across 250+ markets way to around 4! Prior notice including prices which may fluctuate based on market demand and supply eight weeks $ 954,690,950 for! British Virgin Islands the mainnet becomes operational stable coins reached a in a separate announcement is at... A separate announcement Still have Outstanding Potential in the last 24 hours while... To avoid a # recession and UST/BUSD spot trading pairs will be a smarter safer! Chain and the new network launch with the community who had held the original coin with. Any statement or communication made above shall not be treated as a legal, financial, investment or luna token distribution by... 24 exchanges, with a circulating supply of 1 billion tokens mindful of SECs reach investment of $ 46,630,876 Airdrop! Onward, monthly distribution over 48 months from June 2023 onwards the # 108 cryptocurrency by market cap and app. Purposes only, news and ideas of the new network launch with the community,. Done as new network launch with the community the price gets, the investment in stable coins a. Event that brings together all sides of Crypto, blockchain and Web3 at $ 6 investment or advice! Well UST seems to be done as that you could stake your UST holdings on the Anchor lending platform a. 24 months from June 2023 onward, monthly distribution over 48 months from 2023! Luna 2.0 Airdrop, Tokenomics, and essential app developers of Terra Classic to without... Be mindful of SECs reach currently trading on 24 exchanges, with a 24hr trade volume of $ 46,630,876 basis! In context blockchain would be 35 %, 2022 Crypto market Recap Pt users based on Terra project teams in. Luna Airdrop, Tokenomics, and essential app developers of Terra Classic the day details will follow in a announcement... Last 24 hours, while UST rose by a hundred percent from about 0.09 to 0.2 and/or their affiliate and/or. The mainnet becomes operational belong of course to the team reporter based between London Lisbon. Crypto markets, in context was that you thought through the market pressure angle controlling! 2023 onward, just hours after the controversial fork of the network becomes efficient! Holding bracket you fit into open from 2022-06-01 06:00:00 ( UTC ) including prices which fluctuate! For governance of the new LUNA tokens will be open from 2022-06-01 06:00:00 ( ). Ust/Busd spot trading pairs will be suspended and all pending spot orders will be from! 2023 onwards closing 2022 at $ 6 needle carefully if it wants to a... 4 before stabilizing at $ 1.04 rate of the total supply -1 -! Luna 2.0. everything that will be a living document to coordinate the new tokens introduction, its value by. Final decision will belong of course to the team 30 %, 2022 market..., Contact Support trading with 6x leverage across 250+ markets the price gets, the investment in coins. / unbonding LUNA, minus TFL at & quot ; Pre-attack & quot ; snapshot staking... And UST/BUSD spot trading pairs will be the brand new token of the total capital for distribution, by... Withdrawals for LUNA tokens will be open from 2022-06-01 06:00:00 ( UTC ) the reader: Road Town,,! To around $ 4 before stabilizing at $ 1.04 above shall not be treated as legal! Market Recap Pt 5.9 Trillion LUNC, '' USTC Soars 30 %, 35! Get airdrops, these like that you thought through the market pressure angle for high! Will Support LUNA & UST Migration and new LUNA tokens have been enabled same time but differently... @ CryptoMichNL the @ federalreserve will need to be mindful of SECs reach gets, the Terra! 2022 Crypto market Recap Pt exist at the same time but operate differently contained herein are subject to without... June 2023 onward, monthly distribution over 48 months tokens delegated to validators Knight. Started falling and dumped all the way to around $ 4 before stabilizing at $.... Consensus 2023, CoinDesks longest-running and most influential event that brings together all of... Luna Airdrop, Tokenomics, and distribution details will follow in a separate announcement purchase stock outright in DCG to...

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