Terra 2.0 is about to get here. As a community-based network, Terra will have its own traditional token, LUNA, distributed to its community, as described in Proposal 1623.
From Genesis on May 27, 2022, the eligible owners of LUNC, USTC and aUST will be released on air via LUNA in the new series. The full distribution schedule can be found below.
LUNA Airdrop
The amount of LUNA you will be eligible for will be determined by the types of tokens you hold in the Terra Classic series, the time you hold these tokens (based on pre-attack and post-attack abbreviations), and the number of tokens held.
The pre- and post-attack summaries are as follows:
Table 1: Timeframes & Block Elevance Before and After Snapshots
Eligibility
You will be eligible for the LUNA airdrop if you:
In the pre-attack summary, capture:
LUNA (including staking)
Less than 500k aUST (UST included in Anchor)
And / or in the post-attack summary, hold:
LUNA (including staking)
UST
Table 2: Airdrop Fitness and LUNA Vesting Schedule for Eligible Users
When Will I Get My Airdrop?
As Table 2 shows above, the distribution and distribution of LUNA overhaul depends on the type of wallet token and size, as well as the available summary.
Date of first robot: Genesis - May 27, 2022
In Genesis, 30% of LUNA airdrop will be immediately available to pre-attack users with less than 10k LUNA bags (including staking exits) or UST installed on Anchor, as well as Post-Attack users for any LUNA value (including staking). output), UST, or both.
Table 3: Sample Example - Alice
Alice will receive 30% of her eligible airdrop in Genesis 27 May.
Given to LUNA
At Genesis, all that has been removed from the air, the LUNA offering will be automatically installed on the Terra authentication to ensure network security. Users will benefit from the grand prizes in their LUNA offering from where it is placed on the pole, and can claim these prizes at any time. Users can also remove, redistribute, and transfer their LUNA while it is being delivered and installed on the stake. This ensures that users have an agency where the LUNA certifications provided are at risk.
After the opening of LUNA in Genesis, users will not receive another LUNA deposit until at least after 6 months (this is known as the 6 month cycle). Authorized LUNA will be distributed across the block (approximately 6 seconds) to the same wallet address after user usage. If a user prefers a liquid LUNA as soon as his or her fall starts to hit, he or she will need to relocate his or her LUNA, which is given at least 21 days before the first day of his or her fall. Users can also keep their loyal LUNA fixed after hitting the ground running to further receive top prizes.
Goods, Chains, Bridges, and CEX supported
As we work to distribute LUNA to more eligible users on airdrop, it is important to note that technical issues prevent us from submitting everything held by UST and LUNA to summaries.
With the best effort, and where possible, we will put the full amount of LUNA on the bridge contract to be set aside as part of the community group for distribution after the launch of the series.
Assets that may be included:
UST or LUNA bridge from Terra
Users with integrated UST or LUNA who would like to be included in the Post-Attack summary need to bridge back to Terra before the summary can be taken.
UST or LUNA in Terra protocols can be easily identified
All the basic principles listed in the DeFi Llama here will be covered, in addition to a few other well-known ones.
UST or LUNA on CW3 are multi-league contracts
Most UST and LUNA contracts on CW3 with multiple layers will be counted, but there may be cases that may not be included.
The following table describes the full list of chains, bridges, and CEX that will be based on airdrop in Genesis:
Table 4: List of Chains, Bridges, and CEX To Be Supported by Airdrop
This table will continue to be updated as we receive new information about airdrop support.
About Terra 2.0
The new Terra network will inherit a deep engineering pool and enthusiastic LUNAtic community that has made Terra Classic the 2nd largest blockchain contract behind Ethereum. As the community moves to the new series, many popular Terra Classic projects will be joining them, including:
Astroport
Prism
RandomEarth
Spectrum
Nebula
and many others
Designed with the collaboration in mind, Terra will be the gateway to the cosmos-wide ecosystem and beyond.
About Calculation Logic
Warnings
The Airdrop estimates shown below are * and can only be completed when the height of the ‘After Attack’ block (i.e. Block 7790000 [2022–05–27, 00: 38: 08 + 08: 00]) is reached.
Cross-chain goods, such as the UST Wrapped in ETH / MATIC / BSC, will be set aside and locked in a public swimming pool at Genesis. Allocation of funds can only be done after Genesis.
Proper AUST Offering
Formula = SUM (MIN (user AUST balance, 500k)) - TFL wallets UST Supply
Qualified UST Offering
Formula = UST Supply - TFL wallets UST Supply
Eligible LUNC Offer
Formula = LUNC Supply - TFL wallets LUNC Supply
AUSTrop ownership aUSTrop before attack
Formula = AUST assignment / Appropriate Offering Assignment Before AUST
Rate of LUNC airdrop owners before the attack
Formula = LUNA Assignment / Eligible Offering for Pre-LUNC Attack
Rate of LUNC airdrop owners after the attack
Formula = LUNA Assignment / Eligible Delivery After the LUNC attack
Owners of UST airdrop ratio after attack
Formula = LUNA Assignment / Proper Post-Attack Offering UST
Final user assignment
AUST pre-owned holders with airdrop ratio x AUST user-appropriate pre-attack capture
+ Prior to LUNC owners attack airdrop ratio x Capture before LUNC user attack
+ After LUNC attack owners airdrop ratio x LUNC user capture after attack
+ UST airdrop owners after attack x User in charge after UST attack.
