Luna 2.0 Airdrop: How To Get Terra 2.0 (Luna 2.0) Airdrop?

By Ashok Lathwal . May 31, 20222 Mins read

With overwhelming support, the Terra ecosystem has voted to pass Proposal 1623, calling for the genesis of a new blockchain and the preservation of our community.

The final release of the new Terra Core has been released in preparation for the new chain launch on 27 May

$LUNA will be airdropped across $LUNA Classic stakers, $LUNA Classic holders, residual $UST holders, and essential app developers of Terra Classic.

How To Get Terra 2.0 (Luna 2.0) Airdrop?

Below is the guidelines how you can Get Terra 2.0 (Luna 2.0) Airdrop:

Terra 2 native asset to be called LUNA. Four groups will be getting airdrops of this new LUNA:

Pre-attack LUNA
Pre-attack aUST
Post-attack LUNA
Post-attack UST

Pre-attack snapshot on May 7th, post attack snapshot on May 27th.

How much new LUNA you will get for each category:

Pre-attack LUNA – 1 : ~1.1
Pre-attack aUST – 1 : 0.033
Post-attack LUNA – 1 : 0.000015
Post-attack UST – 1 : 0.013

Eg, if you have 1,000 UST on May 27th you will get 0.013 * 1,000 = 13 new LUNA.

Regardless of your category, you will get 30% of your airdrop at genesis (May 27th), and the rest vested linearly over 2 years with a 6 month cliff.

Note that you will receive your airdrop in a bonded state, meaning you will have to unbond for 21 days to transfer.

Terra 2 is the most decentralized large blockchain in crypto. Terra 2 will be a new blockchain that launches with a fully built-out infrastructure and ecosystem, and 70% of the native asset will be airdropped. You’ve never seen a project this big be this decentralized.

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Luna 2.0 Token Distribution

Community pool: 30%
- Controlled by staked governance
- 10% earmarked for developers
Pre-attack LUNA holders: 35%
- 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
Pre-attack a UST holders: 10%
- 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
Post-attack LUNA holders: 10%
- Staking derivatives included
- 30% unlocked at genesis; 70% vested over 2 years thereafter with 6 month cliff
Post-attack UST holders: 15%
- 30% unlocked at genesis; 70% vested over 2 years thereafter with 6 month cliff

Also Read:

Definitions:

“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)

All tokens locked or vesting are staked at genesis, and must be unbonded to become liquid.

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