Terra 2.0 — LUNA Airdrop Calculation Logic

Dear Users,


We write to inform you that we will support the Airdrop and migration of newly minted LUNA.


Trading will be paused during this airdrop snapshot and migration procedure.

What should you do?


All you need to do is sit back and relax as we will be handling all the technical requirements. Once the upgrade is complete and the network is fit for accepting deposits/withdrawals, we will notify you.


Distribution plan and ratio


We will distribute tokens as per Terra team’s token distribution plan. Read full details at 
https://agora.terra.money/t/terra-ecosystem-revival-plan-2-passed-gov/18498.

We will update this article and share more details about distribution ratio and relisting of new trading pairs in future announcements.


Updates (Date: 30th May 2022)


  • We will list LUNA and LUNC trading pairs at 6 PM IST, Today
  • We have used both pre and post attack time for snapshot:

         - Pre-Attack Snapshot Height: 7544910 (2022–05–07 14:59:37 UTC)

          - Post-Attack Snapshot Height: 7790000 (2022–05–26 16:38:08 UTC)

  • Airdropped tokens are vested as per this timeline 30% unlocked at genesis; 70% vested over 2 years thereafter with 6-month cliff. Locked tokens will be visible in the wallet section.

Airdrop ratio: Please head over to Terra 2.0 — LUNA Airdrop Calculation Logic to read more details.


Thanks for choosing Bitbns


Regards,

Team Bitbns