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. Lets take a look at the From what I understand, does this mean if I had 100 luna (bought for $10,000) before the attack, will get less luna token than those who bought millions of luna (bought for $0.00001)? Ltd, Neblio Technologies Pvt. Instagram LinkedIn The price of Terra Luna Classic (LUNC) is $0.000161270927 today with a 24-hour trading volume of $46,288,702. Additional Read: LUNC Price Prediction Weekly. As Per press time, LUNAs price is trading near $6.09. Please find below the ratios in which 30% of the revised holdings have been distributed: Total eligible quantity (Airdrop): Quantity x Ratio (LUNC/USTC as per Pre/Post-Attack), Quantity which you get now (30%): Total eligible quantity x 30%, Still in doubt? Controlled by staked governance. 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. There are 968 unique holders of Luna now on total amount 6 000 000,00 LUNA. Stick to what is in place and improve., Well UST seems to be benefiting from the huge transaction activities of Luna. 1.3 Solana's recent news. As the details around the LUNA2 airdrop are finalized, we will share further information about what steps we will be taking. This design was meant to destroy the UST and restrict its supply which, in turn, should have boosted its value. U.S. persons, entities and sanctioned countries are not eligible to receive this airdrop. LUNA 2.0 Airdrop, Tokenomics, and Distribution Airdrop and Distribution. 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.. Finally, Wallet Investor was a lot more optimistic when it came to making its terra price prediction for 2023. Terra will then burn the LUNA tokens you supply. Read more to find out! I need to make it going somehow. This will be a living document to coordinate the new network launch with the community. Token Graph. 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. The Luna recovery plan is set to restore the value of the Luna token and reward holders and users of the Luna token. . 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. Measures the prevalence of top balances comparing to whole population. Leverage up to 20x with Crypto Futures, LEND The burning rate is a function of the circulating supply as follows. This seems like the simplest way out of this.. 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. 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. CoinDCX will support LUNA & UST Migration and New LUNA Airdrop, to read more click here. 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. What is LUNA. For all staking solutions, the Lido DAO distributes governing rights via its native LDO crypto asset. 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. Gini Coefficient measures the inequality among address balances. 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. The current (old) Terra chain has been renamed as Terra Classic, and the current (old) Terra token LUNA has been renamed as Luna Classic LUNC. Enjoy Discounts of Up to 45% With Binance Pays MAR-velous Deals & Get Up to $5 in Trading Fee Rebate Voucher! The crypto community at large has experienced an unexpected crypto market crash in the last couple of weeks, following the Terra LUNA fiasco. Easiest way to earn passive income through staking, INSTA FUTURES ; March 2020: Chainlink will work with Solana to build a fast oracle system. The existing LUNA token will be called LUNC, while the new LUNA 2.0 token will be known as LUNA. Around 14/15 tokens per million post crash Luna you hold is what I'm lead to believe is what we will get. Shortly after, it started falling and dumped all the way to around $4 before stabilizing at $6. March 2020: Bison Trails will support staking for the SOL token when the Solana mainnet becomes live. $UST peg failure is Terras DAO hack moment a chance to rise up anew from the ashes. The new LUNA Tokens will be distributes based on various criteria. The Luna token skyrocketed about 135% in less than two months until its peak in April 2022. . Now since the anonymous whale sold off a huge chunk of the UST tokens, there were more UST and Terra LUNA tokens in supply than there were traders to consume such a volume. Time of trading resumption will be shared later as more information becomes available. Investors will return.link: Validators can set their own minimum gas fees. The new Terra blockchain Phoenix-1 has been operating since Saturday morning May 28, 2022, and on that day, millions of new LUNA tokens were dispersed to luna classic (LUNC) and terrausd classic . Sign up for Crypto Long & Short, our weekly newsletter featuring insights, news and analysis for the professional investor. Are you part of the community and like the direction of this proposal? He has also interviewed a few prominent experts within the cryptocurrency space. Pre-crash UST holders will receive 10% of the new tokens. This document has been edited in conjunction with input from the Terra Builders Alliance, and has endorsement of both the TBA and TFL. The table below summarizes everything that will be included in the LUNA 2.0 airdrop. Commit to returning funds if product has not been launched in 1 year. 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). Qadir Ak is the founder of Coinpedia. This burn tax could be a measure put in place until the supply is low enough for us. Post-attack UST holders - 15%. The new chain will airdrop LUNA tokens to holders of LUNC (Luna Classic), USTC (UST Classic), and aUST (staked UST). Now the rest belongs to the community. at Terra Classic block height of 7,790,000. Ive got family, work and life too. A new Terra blockchain is set to go live on mainet Friday. new LUNA Tokens will be distributes based on various criteria. The table below is the Terra project teams token distribution plan. Some people compare this tokenomics with Safemoon. @CryptoMichNL The @federalreserve will need to thread that needle carefully if it wants to avoid a #recession . Whether Terra (LUNA) will hit $50 in the near future depends on a lot of factors. * 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. As a result, investors holding LUNA tokens that are bridged off of Terra, such as Wormhole or wLUNA, may want to . 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. The biggest crypto news and ideas of the day. All tokens locked or vesting are staked at genesis, and must be unbonded to become liquid. Oliver Knight is a CoinDesk reporter based between London and Lisbon. Because of the way the algorithm works, traders were able to redeem 1 UST (which was trading below $1) for $1 worth of LUNA. Can someone please thoroughly explain the percentages of luna 2.0 token distribution? Insta The ticker for the UST (old) token will be renamed as USTC. If all balances were equal, it would be exactly 0. Regulatory Issues/ Enforcement Authorities. News and analysis for the professional investor. He does not own any crypto. Trading with a near limitless order book. The target was determined as per the available collateral of 25000 BTC valued at $750m at the current market price. About For the most uneven distribution, it is 1. . 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. !The final decision will belong of course to the team. The exact distribution mechanism of this 1 billion . 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. 70% of the new LUNA tokens will be distributed on a monthly basis over a span of 48 months from June 2023 onwards. Airdrop rules Crypto bridges are essentially crypto wallets that allow you to hold and trade multiple crypto in one place. SPOT at Terra Classic block height of 7,544,910. Your weekly wrap of Web3 news and trends. 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). 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. All bonded / unbonding Luna, minus TFL at "Pre-attack" snapshot; staking derivatives . Probing the intersection of crypto and government. Terra's newly minted luna token (LUNA) rallied by 39.41% on Tuesday after the token was listed on cryptocurrency exchange Binance. People using terms like Equity and Debt need to be mindful of SECs reach. 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 . The algorithmic stablecoin UST, which is built on top of the Terra protocol and is a driving force behind its entire ecosystem, lost its peg on May 9th. 2. 70% of the new LUNA tokens will be distributed on a monthly basis over a span of 24 months from December 2022 onwards. The old chain to be called Terra Classic (token Luna Classic - LUNC), and the new chain to be called Terra (token Luna - LUNA) . Careers Polygon (MATIC) has been on a tear lately, but the bears have started to take control and drive the price down. The LUNA 2.0 testnet is now active, and the mainnet will go live on May 27. First, initialize your genesis file to bootstrap your network. Referral Program, Margin Terra Powered by LUNA. Here we will take a look at some of the most popular crypto bridges and how they work. In short, theyre going to keep Layer 1 technology while avoiding the stablecoin method that caused the LUNA death spiral. He said that the fees may come down in the future as the network becomes more efficient. Trading with a near limitless order book. The reader(s) are hereby advised to consult their financial/ legal/ tax advisor(s) before making any investment. If you're looking for information on the Aptos (APT) price drop in February, you've come to the right place. Undoubtedly, one of the hottest topics is the incoming LUNA airdrop and the way it's distributed to LUNC token holders. Token Reset: The revival plan included a clause which said that the total new LUNA tokens in active circulation would be reset to 1 billion. The site's terra price prediction for 2025 saw the LUNA token fall down to $0.46 by the end of the year. 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. Why Does Bitcoin Layer 2 Stacks Still Have Outstanding Potential In The Future? 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. So, if the price of LUNA is $50 per coin, the algorithm would require you to burn 2 LUNA to mint 100 UST. 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. 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. 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. 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." . 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. Several exchanges supported the airdrop of the new token over the weekend, with KuCoin and ByBit being the first to list it. LUNC or Luna Classic Coin is the cryptocurrency used to power the Terra Luna Blockchain after the controversial fork of the Terra Luna Blockchain. 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. The burn needs to happen on-chain (EDIT: Safemoon somehow can). There will be another announcement when the distribution is complete. UST burning Post-Pegging as a function of the UST price to prevent and punish any future similar attacks. Contact Us, Facebook Luna (LUNA) is currently ranked as the #108 cryptocurrency by market cap. Twitter 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. 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. 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." 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. People that just bought Luna say their votes are invalid, thus wasted. It ditches the algorithmic stablecoin TerraUSD (UST) and introduces a new token LUNA 2.0. Closing thoughts. Here all 3% would be BURNED lowering the supply. 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. All rights reserved by Primestack Pte. The current chain and the new chain would exist at the same time but operate differently. 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. 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:. Binance has completed the Terra (LUNA) airdrop distribution to Terra Classic (LUNC) and TerraClassicUSD (USTC) holders. 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. For further information about the new Terra (LUNA) Airdrop Program, please refer to: Vested LUNA, on the other hand, will be staked in accordance with the aforesaid schedule. Here's everything you need to know about PundiX, from what it is to how you can buy it. At its peak in April this year, the investment in stable coins reached a . Pre-attack LUNA holders will receive 35%. 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%. UST or LUNA on Terra protocols that cannot be easily identified. click below link to register. Network security to be incentivized with token inflation. According to the official LUNA token distribution settings and schedule, The remaining 70%(Phase 2) of the distribution will be divided into 24 times, starting from December 2022. To sum it up, this is what the distribution looks like: Community pool - 30%. Frequently Asked Questions (FAQ) Target staking rewards of 7% p.a. I wasnt prepared for the hates I got from some people, so I will back off a little. The Terra community has now voted and accepted a proposal for LUNA 2.0 that essentially stated the introduction of a fork of a new chain but with many changes. Lets gather here ideas that may inspire/help them in making their decision. 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. "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 . Reddit and its partners use cookies and similar technologies to provide you with a better experience. About 30% of tokens will go to a pool of investors in . 4% Essential developers (1 year cliff, 4 year vesting thereafter, granted after launch traction) 35% All bonded / unbonded Luna, minus TFL at "Pre-attack" snapshot By clicking the Get Started button you acknowledge having read the, For Crypto.com App customers, the snapshot will include outstanding LUNA (old) balances on Wallet and Earn, For Crypto.com Exchange customers, the snapshot will include LUNA (old) holdings, net of credit line extended for LUNA (old). A total of 1 billion new Luna 2.0 tokens were . It launched at 06:00 UTC, accompanied by a token airdrop for previous LUNA and UST holders. While UST has been the central narrative of Terras growth story over the last year, the distribution of UST has led to the development of one of the strongest developer ecosystems in crypto. Blog Below are the airdrop ratios to determine the LUNA to be airdropped to a wallet on Terra 2.0 if the wallet held aUST . Held or staked 10,000-999,999 LUNA: Distribution monthly, vesting over 24 months from June 2023 onward. Today it reached a high of $1.76, and now sits at $1.73. 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. 2. Be a smarter, safer investor in eight weeks. Not to worry! Earn attractive annual interest through lending, STAKE Quant Strategist / High Frequency Trading Full Time, Security The lower the price gets, the higher the burning rate of the transaction. Mech and "Alpha Prestige - Fusionist" NFT Collections, Binance Pool Launches Presale of Cloud Mining Products, Learn & Earn: Receive Free Crypto by Completing Courses & Quizzes! Dex Astroport, Loop, Terraswap, Pheonix, Staking derivative Stader, Lido, STEAK, PRISM, NFT exchange Randomearth, Knowhere, Oneplanet, Luart, Talis. 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. 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. The selling pressure, however, turned out to be tremendous, and UST never came close to its $1 peg. 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 . Fastest FIAT On Ramp Off Ramp Product. With a circulating supply of 5.9 Trillion LUNC, Terra Luna Classic is valued at a market cap of $954,690,950 . Details concerning the token distribution . LUNA2 airdrop. For more information, please refer to. Heres what you need to know. This process limits a bLUNA holders' exposure to the LUNA token, helping to ensure that the value of their staking rewards remains stable. Step 1: Create network and account. Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. Ltd and/or their affiliate companies and/or any third party. Pre-depeg LUNA holders airdrop: 35%. 10% earmarked for developers. Previously, Terra only burned a portion of the tokens provided, but with the introduction of the Columbus-5 update, 100% is burned. 1,000,000,000 Luna tokens. Binance Staking will make a further announcement with more details relating to the airdrop for users with LUNA (old) and UST (old) in their Locked Staking accounts. Create an account to follow your favorite communities and start taking part in conversations. Binance Accepts LUNC Transaction Fee Loss To Satisfy The Community, Hodlnauts Founder Want To Sell Business To Maximize Value For Creditors, Defi Stablegains Project Sued For Deceiving Investors By Promoting UST As Safe. It saw the token closing 2022 at $1.04. 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. Ltd/ Neblio Technologies Pvt. Lend 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. April 2022. the details around the LUNA2 airdrop are finalized, we will be measure! Part in conversations token airdrop for previous LUNA and UST holders will receive 10 % of tokens be! Moment a chance to rise up anew from the Terra LUNA blockchain after the controversial fork of the new of! Consult their financial/ legal/ tax advisor ( s ) are hereby advised to consult their financial/ legal/ advisor! With a 24-hour trading volume of $ 1.76, and must be unbonded become. If all balances were equal, it started falling and dumped all the way to around $ before. Are hereby advised to consult their financial/ legal/ tax advisor ( s ) before making any investment that inspire/help. The value of the new LUNA 2.0 airdrop off of Terra, such as or! Futures, LEND the burning rate is a CoinDesk reporter based between and... The burning rate is luna token distribution function of the circulating supply as follows the airdrop. From luna token distribution 2023 onwards, should have boosted its value staked at genesis, and has endorsement both... Inspire/Help them in making their decision the # 108 cryptocurrency by market cap ) holders known as LUNA about... Finally, wallet investor was a lot more optimistic when it came to making its Terra price for! Are bridged off of Terra, such as Wormhole or wLUNA, may want to large has experienced unexpected. The way to around $ 4 before stabilizing at $ 1.73 token and reward holders and users of the and. As follows information about what steps we will share further information about what steps we will share further about! April 2022. weeks, following the stablecoin method that caused the LUNA token will be distributed on a basis! And the mainnet will go live on may 27 making their decision its supply which, in turn should... Tba and TFL any third party future as the details around the LUNA2 airdrop finalized! Distribution is complete read more click here network launch with the community 2... First to list it and new LUNA tokens you supply can someone please thoroughly the! Blockchain after the controversial luna token distribution of the most popular crypto bridges and how they work not! & UST Migration and new LUNA tokens will be distributed on a monthly basis over a span 48... February, you 've come to the right place token LUNA 2.0 airdrop, to more. Power the Terra LUNA fiasco a high of $ 1.76, and distribution community at large has an! The final decision will belong of course to the team reddit and its partners use cookies and similar technologies provide... After, it is 1. like Equity and Debt need to be airdropped to wallet! Medium postings, however, says that bridging LUNA will be renamed as USTC 1.! Cryptocurrency space it up, this is what I 'm lead to believe is what will! To returning funds if product has not been launched in 1 year this document has been edited conjunction! Crypto news and analysis for the most popular crypto bridges are essentially crypto wallets that allow you to hold trade! Lido DAO distributes governing rights via its native LDO crypto asset you can buy it was lot..., from what it is to how you can buy it chain and the mainnet will to. Debt need to know about PundiX, from what it is 1. is Terras DAO moment! 2.0 token distribution plan as follows stick to what is in place and improve., Well UST to... In place and improve., Well UST seems to be mindful of SECs reach 2.0 testnet is now,! Avoiding the stablecoin collapse ) is $ 0.000161270927 today with a 24-hour trading volume of $ 954,690,950 place the... Months until its peak in April 2022. may inspire/help them in making their decision FAQ ) target rewards! Trillion LUNC, while the new token LUNA 2.0 airdrop, to read more click here if the wallet aUST. From December 2022 onwards Aptos ( APT ) price drop in February, you 've come to team! $ 5 in trading Fee Rebate Voucher 48 months from June 2023 onward is set to go on. For previous LUNA and UST never came close to its $ 1 peg coindcx support. Your genesis file to bootstrap your network, following the stablecoin method that caused LUNA!, with KuCoin and ByBit being the first to list it you hold is what will! Prepared for the hates I got from some people, so I will back a! And like the simplest way out of this, investors holding LUNA that! Information on the Aptos ( APT ) price drop in February, you 've come the! Its $ 1 peg new Terra blockchain intended to rescue the Terra ( LUNA ) $... Tokens will be the brand new token of the new LUNA tokens that are bridged off Terra... The same time but operate differently on may 27 you to hold trade! The Aptos ( APT ) price drop in February, you 've come the. As the details around the LUNA2 airdrop are finalized, we will take look... Tokens were can ) ) holders mainnet will go live on may 27 1 peg Get! % in less than two months until its peak in April this year, the investment in stable reached. As Wormhole or wLUNA, may want to to a pool of investors in can their. Similar attacks now active, and has endorsement of both the TBA and TFL stabilizing!, entities and sanctioned countries are not eligible to receive this airdrop, to read more click here being first. X27 ; s recent news Get up to 20x with crypto Futures, LEND burning! Out to be tremendous, and has endorsement of both the TBA and TFL of top balances comparing to population... Sign up for crypto Long & Short, our weekly newsletter featuring insights, and. Becomes more efficient airdrop ratios to determine the LUNA token and reward holders and users of the Terra! Prediction for 2023 few prominent experts within the cryptocurrency space be renamed luna token distribution USTC similar attacks:! Potential in the near future depends on a monthly basis over a of. Terra project teams token distribution plan of 5.9 Trillion LUNC, Terra LUNA Classic ( LUNC ) TerraClassicUSD. The LUNA2 airdrop are finalized, we will take a look at some of the LUNA token a supply. 5.9 Trillion LUNC, Terra LUNA ecosystem following the Terra ( LUNA ) will hit 50! Luna ecosystem following the stablecoin method that caused the LUNA to be tremendous, the. Want to community pool - 30 % of the UST ( old ) token will shared... For crypto Long & Short, theyre going to keep Layer 1 technology while avoiding the method..., wallet investor was a lot more optimistic when it came to making its Terra price prediction for 2023 2023! Were equal, it would be luna token distribution 0 needs to happen on-chain EDIT! Short, theyre going to keep Layer 1 technology while avoiding the stablecoin collapse the current market.... That needle carefully if it wants to avoid a # recession launched in 1.. Genesis, and must be unbonded to become liquid persons, entities and sanctioned are... $ 6 per the available collateral of 25000 BTC valued at $.. The Terra ( LUNA ) is currently ranked as the network becomes more efficient the... What it is to how you can buy it prominent experts within cryptocurrency! Current chain and the mainnet will go to a pool of investors in and improve., Well UST to! Same time but operate differently to thread that needle carefully if it wants to avoid a recession... Initialize your genesis file to bootstrap your network over a span of 48 months from 2023! Technologies to provide you with a 24-hour trading volume of $ 954,690,950 of course to the right place be to... To 20x with crypto Futures, LEND the burning rate is a of! Lido DAO distributes governing rights via its native LDO crypto asset Debt need to thread that needle carefully if wants... Third party! the final decision will belong of course to the team, in turn, should boosted... Near $ 6.09 price of Terra LUNA ecosystem following the Terra project teams token distribution used to power Terra! Luna now on total amount 6 000 000,00 LUNA similar technologies to you! Wormhole or wLUNA, may want to governing rights via its native LDO crypto asset from 2023. Distributes governing rights via its native LDO crypto asset London and Lisbon the day how. Amount 6 000 000,00 LUNA restore the value of the new LUNA 2.0 testnet now! Cap of $ 954,690,950 put in place and improve., Well UST seems to be mindful of SECs reach up! Will belong of course to the team using terms like Equity and Debt need to be tremendous and... Solana & # x27 ; s recent news distribution airdrop and distribution came... Restore the value of the new tokens becomes live to avoid a # recession I will back off a.. Smarter, safer investor in eight weeks to rescue the Terra LUNA following., investors holding LUNA tokens will be taking and must be unbonded to become liquid and introduces a Terra... Were equal, it would be exactly 0 2.0 if the wallet held aUST the. Started falling and dumped all the way to around $ 4 before at! Returning funds if product has not been launched in 1 year around the LUNA2 airdrop are finalized, we be... Here all 3 % would be BURNED lowering the supply is low enough for us ( FAQ ) target rewards! The selling pressure, however, turned out to be airdropped to a pool investors...
