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LUNA Airdrop Eligibility Dependent on Variety of Factors

Published 05/28/2022, 07:02 AM
Updated 05/28/2022, 07:30 AM
© Reuters.  LUNA Airdrop Eligibility Dependent on Variety of Factors

  • As part of the transition to Terra 2.0, LUNA coins will be airdropped to LUNC, USTC, and aUST holders based on the two snapshots outlined in the Terra Ecosystem Revival Plan.
  • The amount of LUNA investors will be eligible to receive will be determined by a variety of factors.
  • Most of Terra Classic’s popular projects will be joining the migration of the community to the new chain.

In a Twitter (NYSE:TWTR) post on May 28, Wu Blockchain reflected on Terra 2.0 and the LUNA airdrop. The post stated ‘as part of the transition to Terra 2.0, LUNA coins will be airdropped to LUNC, USTC, and aUST holders based on the two snapshots outlined in the Terra Ecosystem Revival Plan. The calculation logic for the LUNA airdrop will be the subject of this post.”

The amount of LUNA investors will be eligible to receive will be determined by the types of tokens they held on the Terra Classic chain, the time period that they held these tokens (based on the Pre- Attack and Post- Attack snapshots), and quantity of tokens held.

Below are the airdrop ratios to determine the LU ...

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