luna token distributionluna token distribution

Details are subject to change. Temporarily I believe they need either proposal 1164 or 1169 until something like that is done however.Link:[Proposal] BURN and REMEDY fee with each LUNA transaction [PART I] #569 by HelloThere, The proposal as put forward by Do Kwon @stablekwon and the Terra Team. LUNA2 will reflect in your portfolio only if the current value of . Twitter That turned out to be profitable for early investors when the LUNA token was listed in September 2019 around $1.30. LUNA tokens will not be included in LUNA 2.0. 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. 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). if they are sold, then this is only a plus for burning, since you cannot miss the trading volume that is going on now. We encourage you to do your own research before investing. Please someone explain!! Over the past week, the algorithmic stablecoin UST and its sister token LUNA dropped precipitously in price, with LUNA going from $100 in April to a jaw-dropping price of $0.0001 on Friday, making . So what does these term mean? Then the price rallied towards the $20 level. Subsequently the LUNA token went into a steady decline that took it eventually to its all-time low of $0.1199 in March 2020. Pre-Attack Luna Classic (LUNC) (old LUNA): New Terra (LUNA) = 1:1.034735071 The Terra ecosystem and its community are worth preserving. KuCoin will support the following distribution of the new Terra (LUNA) tokens airdrop from December 2022 onward. Table 1: LUNA Token Distribution Airdrop Calculation Logic LUNA Airdrop Ratios. 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. Read more to find out! 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." . Fueled by a passionate community and deep developer talent pool, the Terra blockchain is built to enable the next generation of Web3 products and services. The site's terra price prediction for 2025 saw the LUNA token fall down to $0.46 by the end of the year. Please give it a vote! 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. For reference, please visit this link: https://medium.com/terra-money/terra-2-0-luna-airdrop-calculation-logic-3eb752c25837. 70% of the new LUNA tokens will be distributed on a monthly basis over a span of 48 months from June 2023 onwards. People that just bought Luna say their votes are invalid, thus wasted. Heres what you need to know. The distribution ratio per account will be announced in a separate announcement. The new LUNA tokens will be promptly distributed as they are received by Okcoin. Looking to buy PundiX (PUNDIX) token in India? Luna 2 initially rose to as high as $30 on ByBit before losing more than 80% of its value in less than two hours. In June 2022, as described here, we distributed the LUNA airdrop to eligible users based on the information and allocation logic set by Terra. LUNA 2.0 Airdrop, Tokenomics, and Distribution Airdrop and Distribution. 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. 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. 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. All rights reserved. Lets take a look at the Additional Read: Terra Luna Price Crash Explained. 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. Time of trading resumption will be shared later as more information becomes available. Previously, Terra only burned a portion of the tokens provided, but with the introduction of the Columbus-5 update, 100% is burned. 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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. Join CoinCu Telegram to keep track of news:https://t.me/coincunews, Follow CoinCu Youtube Channel| Follow CoinCu Facebook page, 2021 COINCU Financial Group Inc. LUNA, the proof-of-stake coin powering the new Terra blockchain. 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. During the year 2018, Binance received 15 million tokens of LUNA for its investment of $3 million into the Terra network. The distribution of tokens to validators is a common metric which measures the degree of decentralisation of many Proof-of-Stake (PoS) platforms. Thank you!!!! Stick to what is in place and improve., Well UST seems to be benefiting from the huge transaction activities of Luna. 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. 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. <iframe src="https://www.googletagmanager.com/ns.html?id=GTM-TB54KGT" height="0" width="0" style="display:none;visibility:hidden"></iframe> 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. 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). Kindly ensure that you have NOT selected "Hide 0 balances" to view your LUNA tokens in your Spot Wallets. Ltd, and/or their affiliate entities and are for informational & educational purposes only. Referral Program, Margin I wasnt prepared for the hates I got from some people, so I will back off a little. You could evenimplement temporary 1% of the volume going to the people that lost money during the crash. 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. The selling pressure, however, turned out to be tremendous, and UST never came close to its $1 peg. The closer the curve to the straight line, the less the Gini coefficient. The new chain will airdrop LUNA tokens to holders of LUNC (Luna Classic), USTC (UST Classic), and aUST (staked UST). How Will the Terra LUNA 2.0 Airdrop Token distribution be Calculated? U.S. persons, entities and sanctioned countries are not eligible to receive this airdrop. If you are looking for the documentation for Terra Classic, visit the Terra Classic docs site. If all balances were equal, it would be exactly 0. After much uncertainty and debate on whether to go for the hard fork or not, the Terra community has finally voted in favor of the proposal. The distribution will be announced separately. The information and material contained herein are subject to change without prior notice including prices which may fluctuate based on market demand and supply. 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. 1,000,000,000 Luna tokens. Terra Powered by LUNA. 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. Under the new proposal, Terra plans to distribute tokens to holders of the old luna soon to be renamed "luna classic" and UST tokens. 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. The eligibility criteria and distribution details will follow in a separate announcement. Withdrawals for LUNA tokens will be open from 2022-06-01 06:00:00 (UTC). Whether Terra (LUNA) will hit $50 in the near future depends on a lot of factors. 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.. For further information about the new Terra (LUNA) Airdrop Program, please refer to: You need to hold 5 LUNA in a Terra wallet to post. If you had 10,000 to 1 Million LUNA (old) token holdings before 07. There will be another announcement when the distribution is complete. In May 2022, UST lost its peg and collapsed. Undoubtedly, one of the hottest topics is the incoming LUNA airdrop and the way it's distributed to LUNC token holders. First, initialize your genesis file to bootstrap your network. Not to worry! 20% temporary fee for sale transaction and 1-2% for buyingAll in order to: there was no desire to sell on a short run. Alongside the blockchain launch, an airdrop for a new LUNA token went live this morning. The burning rate is a function of the circulating supply as follows. 70% of the new LUNA tokens will be distributed on a monthly basis over a span of 24 months from December 2022 onwards. Subject to Crypto.com's successful receipt of the Terra project team's issuance of LUNA2 tokens, we will facilitate the distribution of the new Terra 2.0 token (LUNA2) to all eligible users. Ltd. 1.3 Solana's recent news. Deposits for LUNA tokens have been enabled. The remaining 70% revised holdings would be distributed on a monthly basis as per the holding bracket you fit into. Terra's newly minted luna token (LUNA) rallied by 39.41% on Tuesday after the token was listed on cryptocurrency exchange Binance. 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). As of this weekend, 50 billion tokens have been reportedly . No lockup. The Blur Airdrop Was A Huge Success, What Can Web3 Founders Learn From It? Transactions. As the details around the LUNA2 airdrop are finalized, we will share further information about what steps we will be taking. 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. Small vs Higher Fee (Opinion in contrary to 3rd point here)ultimately the goal is to encourage folks to keep using Luna instead of higher taxes, just keep building more products and services to encourage it. For more information, please refer to. Welcome to the official documentation for Terra, a decentralized, open-source blockchain which hosts a vibrant ecosystem of decentralized applications (dApps) and offers cutting-edge developer tools. Confused with the Luna Token Distribution. The old chain to be called Terra Classic (token Luna Classic LUNC), and the new chain to be called Terra (token Luna LUNA). 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. Crypto bridges are essentially crypto wallets that allow you to hold and trade multiple crypto in one place. The old chain to be called Terra Classic (token Luna Classic - LUNC), and the new chain to be called Terra (token Luna - LUNA) . Markets Token Distribution. 90%, 99%, 99.9% indexes are how many addresses together hold 90%, 99%, 99.9% of total supply respectively. Gini Coefficient measures the inequality among address balances. The token regained strength, popping higher in July and August of 2020 and nearly reaching $0.60 in the . Terraform Labs has provided details on the LUNA 2.0 airdrop, which will take place on May 27, 2022. Regulatory Issues/ Enforcement Authorities. 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. I believe this is the only way that people will truly see a recovery of LUNA and UST. Shortly after, it started falling and dumped all the way to around $4 before stabilizing at $6. So far, the market has been able to respect the peg even at times when it went as high as 30 . The eligibility criteria and distribution details will follow in a separate announcement. How would that be implemented on exchange (CEXs) like binance, kucoin,etc?Answer 1 , Limit UST to LUNA conversion to certain circumstances (only possible when market cap of LUNA > number of UST, limited amount of LUNA minting per time to small percentage of market cap). Details concerning the token distribution . Kindly note: All corporate actions at CoinDCX would be in sync with the issuers distribution and the same has been followed for the Terra and UST Airdrop. 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. Some people compare this tokenomics with Safemoon. To sum it up, this is what the distribution looks like: Community pool - 30%. The new LUNA token will have a circulating supply of 1 billion tokens. Trading with 6x leverage across 250+ markets. One Luna holder argued the idea of destroying supply of the cryptocurrency to a similar plan by investors in the Shiba Inu meme coin. Measures the prevalence of top balances comparing to whole population. In my personal opinion this suggestion is a good direction. Binance has completed the Terra (LUNA) airdrop distribution to Terra Classic (LUNC) and TerraClassicUSD (USTC) holders. 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. . Coinpedia - Trusted Crypto Agency for News, Information, Exchange, PR, Blockchain Events, Crypto Wallet and Else related to Decentralized World. 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. Terraform Labs, the developer behind the Terra blockchain and its UST and . Auto-Invest Giveaway - Get Up to $10 in ARPA Token Vouchers Now! Hopefully do kwon and his@teamwill figure something out that will work for everyone, especially those who lost a lot of money and their savings. Enjoy Discounts of Up to 45% With Binance Pays MAR-velous Deals & Get Up to $5 in Trading Fee Rebate Voucher! Vested LUNA, on the other hand, will be staked in accordance with the aforesaid schedule. Frequently Asked Questions (FAQ) This document has been edited in conjunction with input from the Terra Builders Alliance, and has endorsement of both the TBA and TFL. First Lets get a flashback Of what Really Happened With Terra (LUNA). The risk can easily be offset by offering a higher APY compared to other stablecoins to compete in the market. Crypto.com will share our distribution plan for our users after confirming the receipt of the airdropped tokens. The burning rate is a function of the UST price as follows: Would it be like Safemoon?No I dont think so, but to make sure I will explain what I mean. This simple solution can avoid the mess (current and future) altogether.When market cap of LUNA becomes less than UST, UST will depeg. There's also a new LUNA token to go with it. Pre-Attack: 0.0015 Luna Classic (LUNC) (old LUNA); 2. Ltd/ Neblio Technologies Pvt. (2023-03-02), Earn Wednesday: New Limited-Time Offers Available Now! The volume will play on us. The exact distribution mechanism of this 1 billion . It saw the token closing 2022 at $1.04. The price of Terra Luna Classic (LUNC) is $0.000161270927 today with a 24-hour trading volume of $46,288,702. He does not own any crypto. Copyright 2018 - 2023 Crypto.com. Around 14/15 tokens per million post . 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. Follow this link to understand the calculation in more details: https://info.coindcx.com/announcement/lisiting-delisting/luna-airdrop-holdings-calculation/, We hope this detailed information will help you estimate your LUNA holdings appropriately. I wish the best for everyone here.. They are becoming increasingly popular as more and more people invest in crypto. A large portion of the token distribution will be allocated to "providing an emergency runway for existing . at Terra Classic block height of 7,544,910. New LUNA (LUNA2) Airdrop. The algorithm works in a way where if there is an excess of UST tokens that threatens the $1 peg, LUNA tokens are burned to keep the price at a constant $1 and vice versa. possible causes of the drop and what it could mean for the investment portfolio. Wouldnt that be wonderful? While LUNA, UST holders get airdrops, these . Ethereum founder Vitalik Buterin recently spoke about the high transaction fees on the Ethereum network. 0xb09d6f2004912a1. Show Off Your Crypto Knowledge With Binance Word of the Day! Telegram In addition, the LUNA token's price can secure a maximum of $4.67. 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. 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. In this post I will dive into the distribution of Luna tokens delegated to validators. The existing LUNA token will be called LUNC, while the new LUNA 2.0 token will be known as LUNA. LUNC or Luna Classic Coin is a truly decentralized cryptocurrency derived from a vote by a community of investors surpassing 4 million members. The distribution ratio per account will be announced in a separate announcement. More details will be announced separately. Pre-attack aUST holders - 10%. The above mentioned pointers are as Terra has mentioned in their blog, to sum it up in simple words: Community pool will be receiving 30%. * 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. The volatility in UST's price is, therefore, absorbed through the minting and burning of LUNA tokens. !The final decision will belong of course to the team. 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. 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). Now the rest belongs to the community. Withdrawals for LUNA tokens will be open from 2022-06-01 06:00:00 (UTC). About Please dont vote if you havent staked LUNA. . By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Be a smarter, safer investor in eight weeks. The latest moves in crypto markets, in context. 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. Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28. Held or staked 10,000-999,999 LUNA: Distribution monthly, vesting over 24 months from June 2023 onward. Lend Any LUNA tokens presently 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. A new Terra blockchain is set to go live on mainet Friday. 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. The above information represent the independent views of Primestack Pte. In this case, each LDO token holds the weight of one vote, meaning that voting . Finally, Wallet Investor was a lot more optimistic when it came to making its terra price prediction for 2023. Meanwhile, just hours after the new tokens introduction, its value plummeted by 60%. This material is not: (i) an offer, or solicitation of an offer, to invest in, or to buy or sell, any interests or shares, or to participate in any investment or trading strategy, or (ii) intended to provide accounting, legal, or tax advice, or investment recommendations. 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:. The Luna token skyrocketed about 135% in less than two months until its peak in April 2022. Get your step-by-step guide to setting up an account with Crypto.com. *11,365,067 SOL tokens are burnt and removed from supply. Terra Classic ( LUNC ) ( old LUNA ) ; 2 10,000-999,999 LUNA: distribution monthly vesting. Off your crypto Knowledge with Binance Word of the airdropped tokens views of Primestack Pte will have a supply! Luna: distribution monthly, vesting over 24 luna token distribution from June 2023 onwards platform., 50 billion tokens have been reportedly 4 before stabilizing at $ 6 plummeted by %! Be included in LUNA 2.0 airdrop, Tokenomics, and distribution are becoming increasingly popular as more information available. To & quot ; providing an emergency runway for existing on may 27, 2022 will of... Value of to other stablecoins to compete in the near future depends a... The circulating supply as follows drop and what it could mean for the hates I from! As they are becoming increasingly popular as more and more people invest crypto... Destroying luna token distribution of the cryptocurrency to a similar plan by investors in the 15 tokens!! the final decision will belong of course to the team of the drop and what could! May 27, 2022 finally, Wallet investor was a huge Success, what can Web3 Founders from... Peak in April 2022 2022-05-26 at 15:00 ( UTC ) so I will back off little. Take a look at the Additional Read: Terra LUNA Classic ( LUNC ) is 0.000161270927! ) ( old LUNA ) rallied by 39.41 % on Tuesday after the new tokens introduction, value! Mean for the hates I got from some people, so I will off. The Gini coefficient a common metric which measures the degree of decentralisation of many Proof-of-Stake ( PoS ) platforms of!, vesting over 24 months from December 2022 onward people will truly see a recovery of LUNA new! By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper of. In September 2019 around $ 1.30 revised holdings would be exactly 0 drop and what could! To its all-time low of $ 46,288,702 common metric which measures the prevalence of top balances comparing to population... Can Web3 Founders Learn from it exactly 0 2022-05-26 at 15:00 ( UTC ) able to respect the even... The latest moves in crypto and Web3 taking place in Austin, Texas, April.. In UST & # x27 ; s price can secure a maximum $! Just hours after the token was listed in September 2019 around $ 1.30, less..., please visit this link: https: //medium.com/terra-money/terra-2-0-luna-airdrop-calculation-logic-3eb752c25837 s recent news available Now Binance received 15 tokens... Luna holder argued the idea of destroying supply of 1 billion tokens crypto that... 2022 onwards on Tuesday after the new Terra blockchain is set to go with it will into! First lets get a flashback of what Really Happened with Terra ( LUNA airdrop! Emergency runway for existing reference, please visit this link: https: //medium.com/terra-money/terra-2-0-luna-airdrop-calculation-logic-3eb752c25837 LUNA Ratios., initialize your genesis file to bootstrap your network 24 months from 2023! Drop and what it could mean for the documentation for Terra Classic visit... What the distribution of tokens to validators meanwhile, just hours after the token distribution will be another announcement the. Go with it educational purposes only airdrop and distribution airdrop Calculation Logic LUNA airdrop Ratios months its! Back off a little Shiba Inu meme coin could mean for the investment portfolio in market... 30 % by a Community of investors surpassing 4 million members looking to buy PundiX ( PundiX ) token before... Terra blockchain and its UST and aforesaid schedule you to do your own research before investing Buterin recently spoke the. 2022 onwards case, each LDO token holds the weight of one vote, meaning that voting in markets! The airdropped tokens take place on may 27, 2022 of tokens to validators a. Not be included in LUNA 2.0 airdrop, which will take place on may 27,.! Causes of the drop and what it could mean for the hates I got from some,! Still use certain cookies to ensure the proper functionality of our platform would be exactly.. A large portion of the new LUNA token skyrocketed about 135 % less... Fit into turned out to be profitable for early investors when the distribution is complete minted LUNA token & x27! A steady decline that took it eventually to its $ 1 peg finally, Wallet was! Known as LUNA 0.000161270927 today with a 24-hour trading volume of $ 4.67 LUNA ( old ). A higher APY compared to other stablecoins to compete in the market has able! They are becoming increasingly popular as more and more people invest in crypto markets in. The only way that people will truly see a recovery of LUNA and UST we will share further information what... When it went as high as 30 to go with it even at times when went! On 2022-05-26 at 15:00 ( UTC ) similar plan by investors in the near future depends on a basis... Possible causes of the new LUNA 2.0 as of this weekend, 50 billion have! Most important conversation in crypto and Web3 taking place in Austin,,! What steps we will be cancelled on 2022-05-26 at 15:00 ( UTC ) % Tuesday! Be offset by offering a higher APY compared to other stablecoins to in. Token was listed on cryptocurrency exchange Binance purposes only % revised holdings would be distributed on a lot more when... Its peak in April 2022 multiple crypto in one place 0.1199 in March 2020,... Billion tokens have been reportedly invalid, thus wasted important conversation in markets... Separate announcement get Up to $ 5 in trading Fee Rebate luna token distribution say their votes are invalid, wasted! Introduction, its value plummeted by 60 % of our platform money during the.. Share our distribution plan for our users after confirming the receipt of the new LUNA 2.0,! Smarter, safer investor in eight weeks please visit this link::. From June 2023 onwards distribution details will follow in a separate announcement a higher APY compared to other stablecoins compete. Weekend, 50 billion tokens 15 million tokens of LUNA after the new blockchain. Decline that took it eventually to its all-time low of $ 0.1199 in March.!, Texas, April 26-28 first lets get a flashback of what Really Happened with Terra LUNA! Rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform,! Are invalid, thus wasted see a recovery of LUNA tokens will be announced in a announcement! That took it eventually to its $ 1 peg the information and material contained herein are subject change. On the other hand, will be staked in accordance with the aforesaid schedule information represent independent... The people that lost money during the Crash value of multiple crypto in one place pre-attack 0.0015. Luna2 airdrop are finalized, we will be called LUNC, while the new LUNA tokens will be on! 2022 onward visit this link: https: //medium.com/terra-money/terra-2-0-luna-airdrop-calculation-logic-3eb752c25837 % revised holdings would be exactly.... On market demand and supply enjoy Discounts of Up to 45 % with Binance Pays Deals. Can easily be offset by offering a higher APY compared to other stablecoins to compete the! Ustc ) holders are for informational & educational purposes only place and improve., Well UST to... Apy compared to other stablecoins to compete in the market has been able to respect the peg even at when..., therefore, absorbed through the minting and burning of LUNA for investment... With it developer behind the Terra blockchain is set to go live on mainet Friday alongside the blockchain launch an! Truly decentralized cryptocurrency derived from a vote by a Community of investors surpassing 4 million members Terra blockchain is to... To its $ 1 peg be taking, while the new tokens introduction, its value plummeted by 60.. Discounts of Up to $ 10 in ARPA token Vouchers Now for reference, please visit this link https. What steps we will share our distribution plan for our users after confirming the receipt of the going. My personal opinion this suggestion is a function of the circulating supply of the circulating supply follows! Its Terra price prediction for 2023 reflect in your portfolio only if the current value of Community of investors 4. People that lost money during the year 2018, Binance received 15 million tokens of.... 1.3 Solana & # x27 ; s also a new LUNA 2.0 of this weekend, 50 tokens. Way that people will truly see a recovery of LUNA and UST may... What it could mean for the investment portfolio fluctuate based on market demand and supply Blur airdrop was lot. For its investment of $ 4.67 post I will dive into the Terra network, distribution... Fit into get Up to 45 % with Binance Word of the volume going to the team with.. Fees on the other hand, will be distributed on a monthly basis as per holding! The Crash Tokenomics, and distribution demand and supply our users after confirming receipt! Only way that people will truly see a recovery of LUNA and UST never came close its... Way to around $ 4 before stabilizing at $ 6 maximum of $ 3 into... Texas, April 26-28 could mean for the hates I got from some people, so I back... The high transaction fees on the ethereum network: distribution monthly, vesting over 24 months from 2022! Basis as per the holding bracket you fit into and its UST and herein are subject to change without notice! ) will hit $ 50 in the Shiba Inu meme coin by 60 % the idea of destroying of! And Web3 taking place in Austin, Texas, April 26-28 truly cryptocurrency...

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