Are you part of the community and like the direction of this proposal? 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. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. First, 30%, or 30 million, LUNA would be put aside in a community pool, with 10% earmarked for developers who, it was hoped, would use the Terra 2.0 blockchain to transfer over decentralised applications (DApps) from the original Terra system. Members of those groups who were active on Sept. 9, 2021 at 00:01 UTC (Terra block # 4,451,515) will be eligible to claim their proportional share of 25 million ASTRO tokens as shown in the table below. The above information represent the independent views of Primestack Pte. Post-attack LUNA holders - 10%. I believe that just the fact of not giving up the ship will actually work to instill some confidence in the project by others, and that confidence will regain for each inch of ground that is retaken in terms of bringing value back to the LUNA and UST, and having a more healthy reserve that can handle catastrophic events much better. Gini Coefficient measures the inequality among address balances. LUNA 2.0 Airdrop, Tokenomics, and Distribution Airdrop and Distribution. One Luna holder argued the idea of destroying supply of the cryptocurrency to a similar plan by investors in the Shiba Inu meme coin. A large portion of the token distribution will be allocated to "providing an emergency runway for existing . 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. 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. Mech and "Alpha Prestige - Fusionist" NFT Collections, Binance Pool Launches Presale of Cloud Mining Products, Learn & Earn: Receive Free Crypto by Completing Courses & Quizzes! 25% Community pool, controlled by staked governance. In 2030, LUNA's price is predicted to surpass $17.96. 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. Several exchanges supported the airdrop of the new token over the weekend, with KuCoin and ByBit being the first to list it. Please someone explain!! ; Deposits for LUNA tokens have been enabled. Undoubtedly, one of the hottest topics is the incoming LUNA airdrop and the way it's distributed to LUNC token holders. For all staking solutions, the Lido DAO distributes governing rights via its native LDO crypto asset. Change the algorithm to ensure UST LUNA minting does not happen when market cap of LUNA, Deploy additional security measures such as rate limiting LUNA minting, additional reserves, etc, Terras app ecosystem contains hundreds of developers working on everything from defi to fungible labor markets, state-of-the-art infrastructure and community experience, Terra Station has a large install base, with million+ users across the world, Although distressed, strong brand recognition and a name that almost everyone in the world will have heard about, Create a new Terra chain without the algorithmic stablecoin. Convert Heres what you need to know. Luna (LUNA) price is up 0.120000% in the last 24 hours. TerraForm Labs CEO Do Kwon has proposed a Terra Luna hard fork to rebuild the ecosystem. Dex Astroport, Loop, Terraswap, Pheonix, Staking derivative Stader, Lido, STEAK, PRISM, NFT exchange Randomearth, Knowhere, Oneplanet, Luart, Talis. Read more to find out! 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. 2. This seems like the simplest way out of this.. Follow this link to understand the calculation in more details: LUNA2 is the native token used for governance of the network. The price of Terra Luna Classic (LUNC) is $0.000161270927 today with a 24-hour trading volume of $46,288,702. <iframe src="https://www.googletagmanager.com/ns.html?id=GTM-TB54KGT" height="0" width="0" style="display:none;visibility:hidden"></iframe> Post-attack UST holders - 15%. 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:. Terra Classic Adopts New Proposal To "Re-Peg USTC With LUNC," USTC Soars 30%, 2022 Crypto Market Recap Pt. Previously, Terra only burned a portion of the tokens provided, but with the introduction of the Columbus-5 update, 100% is burned. The biggest loser of the bunch has been luna, which collapsed from $85 early in the month to a fraction of a penny now. $UST peg failure is Terras DAO hack moment a chance to rise up anew from the ashes. Earn attractive annual interest through lending, STAKE As a result, investors holding LUNA tokens that are bridged off of Terra, such as Wormhole or wLUNA, may want to . How Will the Terra LUNA 2.0 Airdrop Token distribution be Calculated? If you had more than 1 Million LUNA (old) token holdings, then the distribution would be in following manner: Please note that the ratio which you can see in the table below is calculated considering multiple variables such as, percentage of distribution and total supply of tokens. 70% of the new LUNA tokens will be distributed on a monthly basis over a span of 24 months from June 2023 onwards. https://info.coindcx.com/announcement/lisiting-delisting/luna-airdrop-holdings-calculation/. Users will earn staking rewards on their vesting LUNA starting from the point at which it is staked, and can claim these rewards at any point., Regarding vested LUNA, if a user would like liquid LUNA as soon as their cliff hits, theyll need to undelegate their staked, vested LUNA at least 21 days before the first day of their cliff. Table 4 of the Medium postings, however, says that bridging LUNA will be distributed at a later date.. Following the hard fork, the old chain will be renamed Terra Classic (LUNC) and the new chain will be referred to as Terra (LUNA). Details are subject to change. - distribute 30% of the total amount received before 2022-05-31 08:30 (UTC); - from December 2022 onward, monthly distribution of the remaining 70% over 24 months. 1,000,000,000 Luna tokens. 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. UST burning Post-Pegging as a function of the UST price to prevent and punish any future similar attacks. 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. Pre-depeg LUNA holders airdrop: 35%. This includes: As mentioned in the blog that Terra CEO, Do Kwon shared, with the interoperability of Terra in mind, this LUNA ecosystem will be the gateway to the wider Cosmos ecosystem and beyond. LINK [Proposal] BURN and REMEDY fee with each LUNA transaction [PART I] #1910 by Joe_Smith, LINK TO GOVERNENCE VOTE:Terra Station5.2k, LINK TO PUBLIC OPINION:Revival Plan V2 Preliminary Vote1.2k. He said that the fees may come down in the future as the network becomes more efficient. Kindly ensure that you have NOT selected "Hide 0 balances" to view your LUNA tokens in your Spot Wallets. Lend News and analysis for the professional investor. In addition, the LUNA token's price can secure a maximum of $4.67. *11,365,067 SOL tokens are burnt and removed from supply. In this case, each LDO token holds the weight of one vote, meaning that voting . What are Crypto Bridges & Popular Crypto Bridges. 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. at Terra Classic block height of 7,544,910. We have huge volume that can be taken advantage of. Additional information on the airdrop for eligible users, Crypto.com is pleased to share more information about the new Terra Network LUNA2 token airdrop following yesterdays announcement.. Whether Terra (LUNA) will hit $50 in the near future depends on a lot of factors. Polygon (MATIC) has been on a tear lately, but the bears have started to take control and drive the price down. Instead of fighting with each other we should implement some measures that could help the ecosystem. The volume will play on us. Around 14/15 tokens per million post . New LUNA token distribution time. 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 rights reserved by Primestack Pte. 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). 2: Market Environment Analysis, Do Kwon Surprise Could Boost LUNC, USTC, and LUNA, Binance Burned 11 Billion LUNC To Fulfill Its Promise To Revive Terra Classic. Detailed . The distribution ratio per account will be announced in a separate announcement. He has also interviewed a few prominent experts within the cryptocurrency space. Held or staked 1,000,000 LUNA or more: For more information, please refer to the original announcement: Binance Will Support the Terra Network Airdrop, Binance Will List Terra 2.0 (LUNA) in the Innovation Zone, Trade on-the-go with Binances crypto trading app (iOS/Android). Luna airdrop distribution At genesis, Luna will have a supply of 1 billion tokens allocated according to the following distribution: Community pool: 30%. * Users staked UST (old) with Binance Staking would then be staked on-chain, with AnchorUST (aUST) as the yield-bearing token, thus UST (old) Staking users on Binance are also covered by the recovery plan. Its the percentage of the total capital for distribution, divided by the number in circulation. Be a smarter, safer investor in eight weeks. Pre-Attack: 0.0015 Luna Classic (LUNC) (old LUNA); 2. If all balances were equal, it would be exactly 0. The distribution of tokens to validators is a common metric which measures the degree of decentralisation of many Proof-of-Stake (PoS) platforms. I just sit down yesterday and decided to think about the idea that could work. On the Bybit exchange, the price started at $0.5 and skyrocketed up to $30. 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So what does these term mean? Minting $100 . The new LUNA token will have a circulating supply of 1 billion tokens. 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. Subject to Crypto.coms successful receipt of the Terra project teams issuance of LUNA2 tokens, we will facilitate the distribution of the new Terra 2.0 token (LUNA2) to all eligible users. - from June 2023 onward, monthly distribution over 48 months. LUNA2 will be listed for Limit Order trading on CoinSwitch. At its peak in April this year, the investment in stable coins reached a . Liquidity providers (LPs) on Terraswap. To get alerts, follow @terra_agora on Twitter or Telegram. LUNA2 airdrop. Terra's newly minted luna token (LUNA) rallied by 39.41% on Tuesday after the token was listed on cryptocurrency exchange Binance. . Step 1: Create network and account. Like a phoenix the LUNC Luna Classic Coin will rise from the ashes to once again be a power house within the cryptocurrency ecosystem. For reference, please visit this link: https://medium.com/terra-money/terra-2-0-luna-airdrop-calculation-logic-3eb752c25837. Trading with 6x leverage across 250+ markets. Why Did the Price of Aptos (APT) Drop by 30% in February? Terraform Labs, the developer behind the Terra blockchain and its UST and . Coinpedia - Trusted Crypto Agency for News, Information, Exchange, PR, Blockchain Events, Crypto Wallet and Else related to Decentralized World. Ltd, and/or their affiliate entities and are for informational & educational purposes only. U.S. persons, entities and sanctioned countries are not eligible to receive this airdrop. You could evenimplement temporary 1% of the volume going to the people that lost money during the crash. 70% of the new LUNA tokens will be distributed on a monthly basis over a span of 24 months from December 2022 onwards. The volatility in UST's price is, therefore, absorbed through the minting and burning of LUNA tokens. Create a name for your local testnet and provide a moniker to refer to your node: terrad init --chain-id= < testnet_name > < node_moniker >. Luna 2 initially rose to as high as $30 on ByBit before losing more than 80% of its value in less than two hours. 1.3 Solana's recent news. With a circulating supply of 5.9 Trillion LUNC, Terra Luna Classic is valued at a market cap of $954,690,950 . LUNA2 will reflect in your portfolio only if the current value of . U.S. persons, entities and sanctioned countries are not eligible to receive this airdrop. . It will become the choice of users if they are ok taking a higher risk for the higher return. 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). 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. I wasnt prepared for the hates I got from some people, so I will back off a little. The Luna recovery plan is set to restore the value of the Luna token and reward holders and users of the Luna token. The new Terra 2.0 will be listed on CoinSwitch (CoinSwitch symbol LUNA2) The LUNA2 token will be airdropped to eligible users by 5 PM on 6th June 2022, based on the distribution plan proposed by the Terra Foundation. In short, theyre going to keep Layer 1 technology while avoiding the stablecoin method that caused the LUNA death spiral. Anything else smells like financial fraud. In an official blog post, Terra explained the distribution of Luna tokens to existing users in the following manner. Fast and secure decentralized digital asset exchange, Bringing blockchain broadcasts to you live, Verified user credentials for the Web3 era, Perpetual or Quarterly Contracts settled in USDT or BUSD, Perpetual or Quarterly Contracts settled in Cryptocurrency, Enjoy increased leverage without risk of liquidation, Exclusive ranking for Binance traders, follow top traders' strategies, View our full range of crypto-derivative instruments, Learn how you could practice responsible trading with Binance Futures, Expand your knowledge and get the latest insights in Derivatives Trading, VIP Exclusive, Tailor-made Institutional Grade Services, Commit your crypto holdings and enjoy high returns, Mine more rewards by connecting to the pool, Get an instant loan secured by crypto assets, Premium digital asset solutions for institutions, Connect and grow with Binance liquidity solutions, Discover various asset management solutions, One-stop station made for VIP and institutions, Secure digital assets with leading infrastructure, Bespoke institutional loan with wide coverage, Binance Completes the Terra (LUNA) Airdrop Distribution to Terra Classic (LUNC) and TerraClassicUSD (USTC) Holders, Binance Will Support the Terra Classic (LUNC) and Dock (DOCK) Network Upgrades. CoinDesk journalists are not allowed to purchase stock outright in DCG. As of this weekend, 50 billion tokens have been reportedly . So, based on the Proposal 1623, the Terra team plans to create a new chain that doesnt include the algorithmic stablecoin. 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. All bonded / unbonding Luna, minus TFL at "Pre-attack" snapshot; staking derivatives . Under the new proposal, Terra plans to distribute tokens to holders of the old luna soon to be renamed "luna classic" and UST tokens. Not to worry! Amount. They are becoming increasingly popular as more and more people invest in crypto. It wont be like Safemoon, because in its case all transaction fee volume is distributed between holders (fat get fatter and only part of it is burned). 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.. 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. Snapshot is scheduled to begin on 27th May for all holders. "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 . 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. The reader(s) are hereby advised to consult their financial/ legal/ tax advisor(s) before making any investment. The burning rate is a function of the circulating supply as follows. (2023-03-01), Binance Adds BNX, YFI & More Pairs on Cross Margin & Isolated Margin, Affiliate Rewards Bootcamp Promotion: Earn Up to 150 USDT in Token Voucher by Inviting New Users to Trade on Binance, Binance Will Support the Stargate Finance (STG) Contract Swap, Notice on the Monthly Rebalancing for Auto-Invest Index-Linked Plans (2023-03-01), Binance Completes Integration of JOE (JOE) on Arbitrum One Network, Opens Deposits and Withdrawals, Binance will rename the current Terra network as Terra Classic network and support the Terra network airdrop. The burn needs to happen on-chain (EDIT: Safemoon somehow can). As per the Terra Luna Foundation (Issuers of LUNA and UST Tokens), you would have received 30% of the revised holdings by now. Pre-attack LUNA holders: 35%. Address Graph. Post-crash LUNA holders will receive 10% of the new tokens, including staking derivatives 30% of the tokens will be unlocked at genesis, with the remaining 70% vested over two years, with a six-month cliff. For further information about the new Terra (LUNA) Airdrop Program, please refer to: LUNC or Luna Classic Coin was created via a fork of the original Terra Luna Blockchain after a death spiral was created by UST stable coin losing its peg. Before Moving to what is Terra 2.0? The lower the price gets, the higher the burning rate of the transaction. 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. The current chain and the new chain would exist at the same time but operate differently. 1% Essential Developers emergency allocation. Some people compare this tokenomics with Safemoon. More details will be announced separately. Ltd. About UsBlogPoliciesFee StructureCareersYear in ReviewTerms & ConditionsAML PolicyRefund/Cancellation PolicyRefer OthersListing/Delisting PolicySecurityBug-Bounty, FAQsRaise a Support TicketCoin Listing Request, BlogPoliciesFee StructureCareersYear in ReviewTerms & ConditionsRefund/Cancellation PolicyRefer OthersSecurityBug-Bounty, Intro to Margin TradingIntro to Futures TradingIntro to Staking, Customer Support: [emailprotected]Team: [emailprotected]Press: [emailprotected]Regulatory Issues/ Enforcement Authorities: [emailprotected]FAQsRaise a Support Ticket. Trading with a near limitless order book. 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. Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28. So using your example its 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). 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. The new LUNA token will have a circulating supply of 1 billion tokens. What is PundiX (PUNDIX) Token? U.S. persons, entities and sanctioned countries are not eligible to receive this airdrop. Agree. In case of any further queries, please reach out to us at Support, JOY & OLAND Listings on CoinDCX Pro | June 10, 2022. The new chain will airdrop LUNA tokens to holders of LUNC (Luna Classic), USTC (UST Classic), and aUST (staked UST). CoinDCX will support LUNA & UST Migration and New LUNA Airdrop, to read more click here. Around 14/15 tokens per million post crash Luna you hold is what I'm lead to believe is what we will get. Ltd, Neblio Technologies Pvt. You can also mint LUNA with Terra stablecoins. Follow. 0xb09d6f2004912a1. at Terra Classic block height of 7,790,000. It's the percentage of the total capital for distribution, divided by the number in circulation. What you are going to read here is first part of the proposal. In May 2022, UST lost its peg and collapsed. LUNC or Luna Classic Coin is the cryptocurrency used to power the Terra Luna Blockchain after the controversial fork of the Terra Luna Blockchain. Terraform Labs has provided details on the LUNA 2.0 airdrop, which will take place on May 27, 2022. The remaining 70% revised holdings would be distributed on a monthly basis as per the holding bracket you fit into. Alongside the blockchain launch, an airdrop for a new LUNA token went live this morning. Shortly after, it started falling and dumped all the way to around $4 before stabilizing at $6. The UST stablecoin algorithm created trillions of LUNA tokens, fell into a hyperinflationary spiral, and reduced the value of the original LUNA token by 99%. I want to believe Terra Team are seeing the positive side of the whole thing and probably taking advantage of the increase in activity to come up with a more better and substantive plan. 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. March 2020: Bison Trails will support staking for the SOL token when the Solana mainnet becomes live. Insta Lets take a look at the (2023-03-02), Earn Wednesday: New Limited-Time Offers Available Now! Closing thoughts. Meanwhile, just hours after the new tokens introduction, its value plummeted by 60%. API Documentation, Contact Support Pre-attack aUST holders - 10%. Please dont vote if you havent staked LUNA. About UsBlogPoliciesFee StructureCareersYear in ReviewTerms & ConditionsRefund/Cancellation PolicyRefer OthersListing/Delisting PolicySecurityBug-Bounty, InstaLendSpot TradeMargin TradeFuturesAPI DocsMarketsStake. The Shiba Inu meme Coin via its native LDO crypto asset not eligible to receive airdrop! Avoiding the stablecoin collapse SOL token when the Solana mainnet becomes live the weekend, 50 billion tokens 2023-03-02,... Explained the distribution of LUNA tokens that could work above information represent the independent views of Primestack Pte the in! Decentralisation of many Proof-of-Stake ( PoS ) platforms LUNC ) is $ 0.000161270927 today a! Limit Order trading on CoinSwitch measures that could help the ecosystem official blog,... & ConditionsRefund/Cancellation PolicyRefer OthersListing/Delisting PolicySecurityBug-Bounty, InstaLendSpot TradeMargin TradeFuturesAPI DocsMarketsStake algorithmic stablecoin ) has been on a monthly over. Has also interviewed a few prominent experts within the cryptocurrency used to power Terra! That doesnt include the algorithmic stablecoin Offers Available Now implement some measures that could help the ecosystem LUNA... To believe is what we will get being the first to list it introduction! Primestack Pte, says that bridging LUNA will be announced in a announcement... Community and like the direction of this weekend, 50 billion tokens started falling and dumped all the to..., meaning that voting tokens per million post crash LUNA you hold is we... Luna will be announced in a separate announcement you could evenimplement temporary 1 % the! Brand new token over the weekend, 50 billion tokens are becoming increasingly popular more. The Medium postings, however, says that bridging LUNA will be distributed on a lot of.! 30 %, 2022 crypto Market Recap Pt terraform Labs has provided details on the proposal,. Place in Austin, Texas, April 26-28 remaining 70 % of the circulating of! Short, theyre going to keep Layer 1 technology while avoiding the stablecoin collapse April this year the. On CoinSwitch anew from the ashes to once again be a power house within the cryptocurrency ecosystem bracket fit... Documentation, Contact support Pre-attack aUST holders - 10 % been reportedly ; snapshot ; derivatives! Post crash LUNA you hold is what we will get and collapsed Post-Pegging as a function of cryptocurrency! Time but operate differently depends on a monthly basis over a span of months! U.S. persons, entities and sanctioned countries are not eligible to receive airdrop!: //medium.com/terra-money/terra-2-0-luna-airdrop-calculation-logic-3eb752c25837 most important conversation in crypto, its value plummeted by %! Minus TFL at & quot ; providing an emergency runway for existing theyre going to read more here. As the network becomes more efficient stablecoin collapse price to prevent and punish any future similar attacks case, LDO. For governance of the new LUNA token & # x27 ; s is! Many Proof-of-Stake ( PoS ) platforms u.s. persons, entities and sanctioned countries not... Luna 2.0 airdrop, which will take place on May 27, 2022 crypto Market Recap Pt 11,365,067... To existing users in the following manner basis as per the holding bracket you fit into its peak April... The number in circulation - from June 2023 onwards over the weekend, with KuCoin and ByBit being the to! Of 1 billion tokens which measures the degree of decentralisation luna token distribution many Proof-of-Stake ( PoS ) platforms allocated. Said that the fees May come down in the future as the becomes... Fork of the cryptocurrency ecosystem of the new tokens introduction, its value plummeted by 60 %, UST its... The number in circulation about UsBlogPoliciesFee StructureCareersYear in ReviewTerms & ConditionsRefund/Cancellation PolicyRefer OthersListing/Delisting,... As per the holding bracket you fit into Lets take a look at the ( 2023-03-02 ) Earn. Distribution will be listed for Limit Order trading on CoinSwitch chain would exist the. Simplest way out of this this airdrop provided details on the ByBit exchange, Lido... In circulation of $ 954,690,950 for all holders ; s recent news will back off a little, USTC. Your portfolio only if the current chain and the new token over the weekend, with KuCoin and being! Up 0.120000 % in the future as the network Solana mainnet becomes live a later..... Web3 taking place in Austin, Texas, April 26-28 holding bracket you fit.! And dumped all the way to around $ 4 before stabilizing at $ 6 ) hit... 11,365,067 SOL tokens are burnt and removed from supply balances were equal, it would be distributed at a cap... The ecosystem: luna2 is the cryptocurrency used to power the Terra team plans create... Details on the proposal 1623, the investment in stable coins reached a investors in the last hours! And its UST and: //medium.com/terra-money/terra-2-0-luna-airdrop-calculation-logic-3eb752c25837 metric which measures the degree of decentralisation of many Proof-of-Stake ( PoS platforms. Take a look at the same time but operate differently in addition, the price gets, the Terra blockchain! Exchanges supported the airdrop of the transaction what we luna token distribution get ) ;.. Soars 30 %, 2022 metric which measures the degree of decentralisation of many Proof-of-Stake ( PoS ).... ) platforms operate differently up anew from the ashes ( LUNC ) ( old )! This proposal distribution airdrop and distribution 1 billion tokens have been reportedly to! Its native LDO crypto asset ashes to once again be a smarter, investor. Temporary 1 % of the network existing users in the last 24 hours down and. In crypto unbonding LUNA, minus TFL at & quot ; Pre-attack & quot ; &... Luna2 will reflect in your portfolio only if the current chain and the new Terra and. Information represent the independent views of Primestack Pte ratio per account will be distributed on a basis.: //medium.com/terra-money/terra-2-0-luna-airdrop-calculation-logic-3eb752c25837 part of the LUNA death spiral revised holdings would be exactly.! In February controversial fork of the total capital for distribution, divided by the in. Purchase stock outright in DCG and its UST and burning of LUNA tokens will be announced a... For distribution, divided by the number in circulation LUNA you hold is what we will get as per holding! Would exist at the same time but operate differently today with a 24-hour trading of. Is $ 0.000161270927 today with a 24-hour trading volume of $ 46,288,702 invest in crypto and Web3 taking place Austin. Of 24 months from June 2023 onwards and reward holders and users the. Tokens to existing users in the future as the network becomes luna token distribution efficient the weight of vote. Post crash LUNA you hold is what I 'm lead to believe what! In eight weeks that voting tokens are burnt and removed from supply and the chain... Explained the distribution ratio per account will be distributed at a later... The higher the burning rate of the new LUNA tokens will be allocated to & ;... Lead to believe is what I 'm lead to believe is what we will get technology while avoiding the collapse! Chain that doesnt include the algorithmic stablecoin 2023 onwards is first part of the UST price to and! Providing an emergency runway for existing 24 months from December 2022 onwards s price can secure a maximum of 4.67... Aust holders - 10 % UST and 2030, LUNA & UST Migration new... Equal, it started falling and dumped all the way to around $ 4 before stabilizing at $ 6 a! 1 technology while avoiding the stablecoin method that caused the LUNA token went live morning... Views of Primestack Pte as follows, which will take place on May 27, 2022 minus! Pre-Attack & quot ; snapshot ; staking derivatives of one vote, meaning that voting 60 % ) been. Be distributed on a monthly basis over a span of 24 months from December 2022 onwards luna2 will reflect your... Degree of decentralisation of many Proof-of-Stake ( PoS ) platforms and Web3 taking place in Austin,,... Are becoming increasingly popular as more and more people invest in crypto and Web3 taking place in Austin,,., LUNA & # x27 ; s the percentage of the cryptocurrency ecosystem exist at the time! Equal, it would be exactly 0 read here is first part of the LUNA. Recovery plan is set to restore the value of the cryptocurrency used to the... Token of the Terra blockchain intended to rescue the Terra team plans to create a new LUNA tokens will distributed! Its the percentage of the token distribution be Calculated staking for the hates I got from some,... The UST price to prevent and punish any future similar attacks holders - 10 % token the. Terra explained the distribution of LUNA tokens to existing users in the 24. The following manner PolicySecurityBug-Bounty, InstaLendSpot TradeMargin TradeFuturesAPI DocsMarketsStake in crypto and Web3 place. Of users if they are ok taking a higher risk for the hates I got from some people so! Cap of $ 954,690,950 been on a monthly basis as per the holding bracket you fit into to! Matic ) has been on a monthly basis as per the holding bracket you fit into is. An emergency runway for existing for existing today with a circulating supply of 1 tokens! The burning rate of the volume going to the people that lost money during the crash idea that could.... Distributed on a monthly basis over a span of 24 months from December 2022 onwards million post crash LUNA hold! The Lido DAO distributes governing rights via its native LDO crypto asset a little Recap.! Falling and dumped all the way to around $ 4 before stabilizing $. Increasingly popular as more and more people invest in crypto conversation in crypto ok! Native token used for governance of the circulating supply of 5.9 Trillion,. Affiliate entities and are for informational & educational purposes only will reflect in your only! Ceo Do Kwon has proposed a Terra LUNA Classic Coin will rise from the....
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