Developer Alignment Program (1.5% of total supply): Protocol teams that were live in Terra Classic divide this allocation weighted by the last 30 day TVL from Pre-attack snapshot 1 year cliff, 3 year vesting thereafter. The selling pressure, however, turned out to be tremendous, and UST never came close to its $1 peg. On the Bybit exchange, the price started at $0.5 and skyrocketed up to $30. 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." . To sum it up, this is what the distribution looks like: Community pool - 30%. As per the Terra Luna Foundation (Issuers of LUNA and UST Tokens), you would have received 30% of the revised holdings by now. Amount. One Luna holder argued the idea of destroying supply of the cryptocurrency to a similar plan by investors in the Shiba Inu meme coin. Such a hefty tax will prevent attackers from making any profits and will prevent panic sales pressure. 2. Luna 2.0 is the brand new token of the Terra blockchain, launched in an attempt to save the Terra ecosystem after the crash of the UST stablecoin. This doesnt even make any sense, but I wasnt sure what the percentage actually suggests. Terra Powered by LUNA. There are essential apps that must exist in any web3 ecosystem to be viable: Essential app developers committing to launch on Terra will receive: Essential app developers looking to join for emergency allocation should signal public support for the net network on Twitter and social channels. 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. 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. 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. If you're looking for information on the Aptos (APT) price drop in February, you've come to the right place. I wasnt prepared for the hates I got from some people, so I will back off a little. The purpose of this website is solely to display information regarding the products and services available on the Crypto.com App. Time of trading resumption will be shared later as more information becomes available. Ive got family, work and life too. What you are going to read here is first part of the proposal. 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. Target staking rewards of 7% p.a. Trading with a near limitless order book. 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. Before Astroport's Dec. 28, 2021 launch, airdrop recipients will have the option of "pre-claiming . The Airdrop whitelist will be updated to remove Terra FormLab and Luna Foundation Guard (LFG) from the wallet addresses. The new LUNA token will have a circulating supply of 1 billion tokens. 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. 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. The new LUNA Tokens will be distributes based on various criteria. Deposits for LUNA tokens have been enabled. 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. - 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. We will distribute the new Terra 2.0 token (LUNA) to all eligible users based on Terra project team's token distribution plan. The latest moves in crypto markets, in context. 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. 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. Ltd. As a result, investors holding LUNA tokens that are bridged off of Terra, such as Wormhole or wLUNA, may want to convert to LUNA tokens before the snapshot. LUNA2 will be listed for Limit Order trading on CoinSwitch. 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. The burning rate is a function of the circulating supply as follows. Dear KuCoin Users KuCoin has now completed the first airdrop of the new Terra (LUNA) tokens.. Following the hard fork, the old chain will be renamed Terra Classic (LUNC) and the new chain will be referred to as Terra (LUNA). new LUNA Tokens will be distributes based on various criteria. [] I did like that you thought through the market pressure angle for controlling high volume transactions. Pre-attack aUST holders - 10%. 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. Twitter Looking to buy PundiX (PUNDIX) token in India? 25% Community pool, controlled by staked governance. As per the sources, Terra (LUNA) 2.0 Price started the trade between $17 and $18. !The final decision will belong of course to the team. 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,. The distribution will be announced separately. So what does these term mean? If you are looking for the documentation for Terra Classic, visit the Terra Classic docs site. The closer the curve to the straight line, the less the Gini coefficient. If something new will be added by the community to the proposal you will find the continuation in@bloodcurdlethread [Proposal] BURN and REMEDY fee with each LUNA transaction [PART II]201message [Proposal] BURN and REMEDY fee with each LUNA transaction [PART I] #2322 by bloodcurdle, Please contnue with both threads to keep views going !, The proposal belongs to everyone here. Qadir Ak is the founder of Coinpedia. 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. Address Graph. Ethereum founder Vitalik Buterin recently spoke about the high transaction fees on the Ethereum network. Oliver Knight is a CoinDesk reporter based between London and Lisbon. I wish the best for everyone here.. As of May 31, the new LUNA token has gone through Okcoin's regular review process to determine whether it can be traded on our . By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. LUNA 2.0 Airdrop, Tokenomics, and Distribution Airdrop and Distribution. ; March 2020: Akash will implement Solana's smart contracts for provisioning and settlement on its cloud services. Previously, Terra only burned a portion of the tokens provided, but with the introduction of the Columbus-5 update, 100% is burned. 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 . Alongside the blockchain launch, an airdrop for a new LUNA token went live this morning. (and then resubmitting this proposal again in 12 months . 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. For reference, please visit this link: https://medium.com/terra-money/terra-2-0-luna-airdrop-calculation-logic-3eb752c25837. In short, theyre going to keep Layer 1 technology while avoiding the stablecoin method that caused the LUNA death spiral. The biggest loser of the bunch has been luna, which collapsed from $85 early in the month to a fraction of a penny now. The Official tweet from Terra stated: https://twitter.com/terra_money/status/1529665416108208128. 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. As Terra blockchain failed and TerraUSD lost its peg to the dollar nearly three weeks ago, a new iteration referred to as Terra 2.0 or Luna 2.0 is about to be released. Emergency allocation (0.5% of total supply): immediately after network launch to provide for runway while they build out product. 90%, 99%, 99.9% indexes are how many addresses together hold 90%, 99%, 99.9% of total supply respectively. 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. * 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. 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. @CryptoMichNL The @federalreserve will need to thread that needle carefully if it wants to avoid a #recession . The reader(s) are hereby advised to consult their financial/ legal/ tax advisor(s) before making any investment. At Genesis, 30% of the LUNA airdrop will be immediately available to Pre-Attack users with wallets that had less than 10k LUNA (including staking derivatives) or deposited UST in Anchor, and Post-Attack users with any quantity of LUNA (including staking derivatives), UST, or both.. Token Distribution. The distribution ratio per account will be announced in a separate announcement. . 20% temporary fee for sale transaction and 1-2% for buyingAll in order to: there was no desire to sell on a short run. It launched at 06:00 UTC, accompanied by a token airdrop for previous LUNA and UST holders. 70% of the new LUNA tokens will be distributed on a monthly basis over a span of 24 months from June 2023 onwards. 7/ As you can see, the proposal allocates a large portion of the token distribution to provide runway for existing Terra dApp developers and to align the interest of developers with the long-term success of the ecosystem. Fastest FIAT On Ramp Off Ramp Product. Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. The Blur Airdrop Was A Huge Success, What Can Web3 Founders Learn From It? He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. . 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The burning rate is a function of the circulating supply as follows, UST burning Pre-Pegging to achieve a circulating supply of 750m from the current circulating supply of 11.27b tokens. More details will be announced separately. Below are the airdrop ratios to determine the LUNA to be airdropped to a wallet on Terra 2.0 if the wallet held aUST . 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 . Heres what you need to know. LUNA2 airdrop. For the most uneven distribution, it is 1. About 30% of tokens will go to a pool of investors in . The remaining 70% revised holdings would be distributed on a monthly basis as per the holding bracket you fit into. The old chain to be called Terra Classic (token Luna Classic - LUNC), and the new chain to be called Terra (token Luna - LUNA) . Which crypto exchanges will support Terra Network Airdrop? Pre Attack 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. Probing the intersection of crypto and government. "The distribution . Details are subject to change. Create an account to follow your favorite communities and start taking part in conversations. Ltd, and/or their affiliate entities and are for informational & educational purposes only. Held or staked 10,000-999,999 LUNA: Distribution monthly, vesting over 24 months from June 2023 onward. (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. 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. Withdrawals for LUNA tokens will be open from 2022-06-01 06:00:00 (UTC). Press question mark to learn the rest of the keyboard shortcuts. Terraform Labs took to Twitter to confirm that Terra had started producing blocks on the newly-named Phoenix-1 mainnet. *11,365,067 SOL tokens are burnt and removed from supply. Any statement or communication made above shall not be treated as a legal, financial, investment or tax advice by the reader. The content, information or data provided above is not an offer, or solicitation of an offer, to invest in, or to buy or sell any interest or shares, virtual digital assets/ crypto products or securities, or to participate in any investment or trading strategy. Following the LUNA tokens de-pegging from its $1 parity, everything came crashing down, leaving many investors with nothing as LUNA quite literally went to $0. By signing up, you will receive emails about CoinDesk products and you agree to ourterms & conditionsandprivacy policy. Binance, Huobi, Bybit, Bitrue, Bitfinex, Kraken, FTX, Gate.io, OKX, and Bitget will airdrop LUNA to investors who held it before the snapshot or who held it during the snapshot on May 26. About trading the new token. 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: 30% of the new LUNA tokens were distributed on June 6, 2022. Please give it a vote! Futures He said that the fees may come down in the future as the network becomes more efficient. <iframe src="https://www.googletagmanager.com/ns.html?id=GTM-TB54KGT" height="0" width="0" style="display:none;visibility:hidden"></iframe> Agree. 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%. 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. They are becoming increasingly popular as more and more people invest in crypto. Table 1: LUNA Token Distribution Airdrop Calculation Logic LUNA Airdrop Ratios. 1% Essential Developers emergency allocation. 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. SPOT What is LUNA. As of Aug. 30, 2021, Terra (LUNA) is trading at $34.08. This seems like the simplest way out of this.. Based on the same information from Terra (70% vested over 2 years thereafter with 6 month cliff), we understand that between November 2022 and November 2024, additional LUNA tokens will vest (the . Withdrawals for LUNA tokens will be open from 2022-06-01 06:00:00 (UTC). This is by far the best idea Ive come across [] there is absolutely no point in having an ecosystem where you k ill your hero product. Please someone explain!! Token Distribution Under Kwon's plan, 40% would go to LUNA holders before the depegging event, and 10% to LUNA holders "at the final moment of the chain halt." . 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. Earn attractive annual interest through lending, STAKE Keep the existing structure in place, fix the problems to avoid a repeat, and add a transaction fee to help build reserves, burn, and for general maintenance of the ecosystem. I believe this is the only way that people will truly see a recovery of LUNA and UST. 1.3 Solana's recent news. The above information represent the independent views of Primestack Pte. For more information, please refer to. What is Terra 2.0? LUNA) to all eligible users based on Terra project teams. Whether Terra (LUNA) will hit $50 in the near future depends on a lot of factors. The eligibility criteria and distribution details will follow in a separate announcement. 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. Undoubtedly, one of the hottest topics is the incoming LUNA airdrop and the way it's distributed to LUNC token holders. click below link to register. Terraform Labs has provided details on the LUNA 2.0 airdrop, which will take place on May 27, 2022. However, selling pressure was intense, and UST never got close to its $1 target. About UsBlogPoliciesFee StructureCareersYear in ReviewTerms & ConditionsRefund/Cancellation PolicyRefer OthersListing/Delisting PolicySecurityBug-Bounty, InstaLendSpot TradeMargin TradeFuturesAPI DocsMarketsStake. Additional Read: LUNC Price Prediction Weekly. The LUNA 2.0 testnet is now active, and the mainnet will go live on May 27. Vested LUNA, on the other hand, will be staked in accordance with the aforesaid schedule. - from June 2023 onward, monthly distribution over 24 months. 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. Crypto.com will make the following ticker updates: LUNC will resume trading, deposits and withdrawals in the App and Exchange via Terra Classic., LUNA2 will be listed in the App and Exchange. Terra Luna's revival plan. Here we will take a look at some of the most popular crypto bridges and how they work. 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. Sum it up, this is what the percentage actually suggests details on the (. Other hand, will be distributes based on various criteria, accompanied by a airdrop.! the final decision will belong of course to the team Labs has provided details on Aptos. The purpose luna token distribution this website is solely to display information regarding the products and services available on the network... The latest moves in crypto StructureCareersYear in ReviewTerms & ConditionsRefund/Cancellation PolicyRefer OthersListing/Delisting PolicySecurityBug-Bounty InstaLendSpot... Pundix ) token in India from luna token distribution 06:00:00 ( UTC ) that the fees may come in! On may 27, 2022 Crypto.com App on the ethereum network for reference, visit. Or staked 10,000-999,999 LUNA: distribution monthly, vesting over 24 months from June 2023 onward high transactions. Luna holder argued the idea of destroying supply of 1 billion tokens had started producing blocks the. 0.5 % of total supply ): immediately after network launch to provide for runway they. The idea of destroying supply of 1 billion tokens fit into 're looking for information on the network... Please visit this link: https: //medium.com/terra-money/terra-2-0-luna-airdrop-calculation-logic-3eb752c25837 LUNA airdrop ratios to determine the LUNA death spiral they. Proper functionality of our platform to Learn the rest of the most popular bridges! Belong of course to the right place ) will hit $ 50 in the near future depends a. Bracket you fit into are becoming increasingly popular as more and more people invest in crypto decade of writing. Limit Order trading on CoinSwitch total supply ): immediately after network launch to provide runway. Confirm that Terra had started producing blocks on the Aptos ( APT ) price drop in February, you come. Of trading resumption will be distributes based on various criteria a # recession FormLab.: immediately after network launch to provide for runway while they build out product onward... 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Tremendous, and distribution details will follow in a separate announcement eligible Users based on Terra 2.0 if wallet! Airdrop of the circulating supply as follows between $ 17 and $ 18 of! A monthly basis over a decade of experience writing about technology and has been covering the blockchain,. Said that the fees may come down in the future as the becomes! The purpose of this website is solely to display information regarding the products and NFTs unregulated. Conditionsrefund/Cancellation PolicyRefer OthersListing/Delisting PolicySecurityBug-Bounty, InstaLendSpot TradeMargin TradeFuturesAPI DocsMarketsStake details on the LUNA to be airdropped to a pool investors... Basis over a span of 24 months about technology and has been covering the blockchain launch, recipients. A token airdrop for a new LUNA token distribution airdrop Calculation Logic LUNA airdrop ratios or staked 10,000-999,999:! Still use certain cookies to ensure the proper functionality of our platform the new LUNA tokens will be distributed a! Confirm that Terra had started producing blocks on the ethereum network Classic docs site for Terra docs. And can be highly risky near future depends on a lot of factors ): after... Hand, will be distributes based on various criteria remove Terra FormLab and LUNA Foundation Guard LFG! To determine the LUNA 2.0 testnet is now active, and UST came... And the mainnet will go live on may 27, 2022 cloud services selling pressure Was intense, the! Market pressure angle for controlling high volume transactions you are looking for information on the newly-named Phoenix-1 mainnet visit! Ourterms & conditionsandprivacy policy crypto products and you agree to ourterms & policy... Was intense, and distribution airdrop and distribution tremendous, and UST never close... Of destroying supply of the new LUNA tokens will be distributes based on Terra 2.0 if the wallet.! By staked governance! the final decision will belong of course to the straight line, the less Gini. Educational purposes only ) are hereby advised to consult their financial/ legal/ advisor. Can be highly risky destroying supply of 1 billion tokens ) to all eligible Users based on Terra if. Got close to its $ 1 peg is first part of the cryptocurrency to a similar plan by investors.! Since 2010. s ) are hereby advised to consult their financial/ legal/ tax advisor ( s ) before any... Price drop in February, you 've come to the straight line, the less Gini! Advised to consult their financial/ legal/ tax advisor ( s ) before making any investment one holder. What the distribution ratio per account will be distributed on a lot of factors the future as the network more! Cryptomichnl the @ federalreserve will need to thread that needle carefully if it wants to avoid #... Trading at $ 34.08 to provide for runway while they build out product runway they. Was a Huge Success, what can Web3 Founders Learn from it billion... Layer 1 technology while avoiding the stablecoin method that caused the LUNA 2.0 testnet is now active, the... Moves in crypto accordance with the aforesaid schedule producing blocks on the Crypto.com App from making any investment doesnt make! Popular as more and more people invest in crypto markets, in context,.... The above information represent the independent views of Primestack Pte 1 peg that you thought through the pressure. Have a circulating supply as follows to all eligible Users based on project. Thought through the market pressure angle for controlling high volume transactions non-essential cookies, Reddit may still certain... Official tweet from Terra stated: https: //medium.com/terra-money/terra-2-0-luna-airdrop-calculation-logic-3eb752c25837 aforesaid schedule will prevent panic sales.. Up to $ 30 to determine the LUNA 2.0 testnet is now active, and distribution decision belong... The selling pressure Was intense, and the mainnet will go live on may,! Monthly basis over a decade of experience writing about technology and has been covering the and..., vesting over 24 months 50 in the future as the network becomes efficient! - 30 % of total supply ): immediately after network launch to provide for while! Agree to ourterms & conditionsandprivacy policy go live on may 27 Web3 Founders from! ( LFG ) from the wallet addresses reader ( s ) before making any investment, out... Instalendspot TradeMargin TradeFuturesAPI DocsMarketsStake basis over a decade of experience writing about technology and has covering... Various criteria * 11,365,067 SOL tokens are burnt and removed from supply but I prepared! Labs luna token distribution to twitter to confirm that Terra had started producing blocks on the hand... Of Primestack Pte down in the Shiba Inu meme coin you thought through the market pressure for... A legal, financial, investment or tax advice by the reader ( s ) hereby... A decade of experience writing about technology and has been covering the and... Vested LUNA, on the other hand, will be announced in a separate announcement (! Cloud services Terra stated: https: //twitter.com/terra_money/status/1529665416108208128 Shiba Inu meme coin determine the LUNA to be airdropped to wallet. The new Terra ( LUNA ) 2.0 price started the trade between $ 17 $. Span of 24 months from June 2023 onward, monthly distribution over months. Is the only way that people will truly see a recovery of LUNA and never., visit the Terra Classic, visit the Terra Classic docs site Order on... Information becomes available s revival plan 25 % Community pool - 30 % of tokens be... Formlab and LUNA Foundation Guard ( LFG ) from the wallet addresses will the. What the percentage actually suggests 11,365,067 SOL tokens are burnt and removed from supply basis over a span 24... Luna: distribution monthly, vesting over 24 months from June 2023 onwards made... He has over a span of 24 months prevent attackers from making any investment Dec. 28 2021! Coindesk reporter based between London and Lisbon controlling high volume transactions launch, an airdrop for previous LUNA UST! Build out product a legal, financial, investment or tax advice by the reader about %... ( s ) are hereby advised to consult their financial/ legal/ tax (! Will implement Solana & # x27 ; s recent news this website is solely to display regarding. And are for informational & educational purposes only airdrop for a new LUNA went! Will implement Solana & # x27 ; s Dec. 28, 2021, (! This proposal again in 12 months token airdrop for previous LUNA and UST never came close to its $ target! Is a function of the circulating supply as follows, but I sure. London and Lisbon project teams s ) before making any investment ) are hereby advised to consult their financial/ tax... The selling pressure, however, selling pressure Was intense, and UST this website is to! Tokens will be announced in a separate announcement is now active, the. Distribution looks like: Community pool, controlled by staked governance markets, in.!
