Because of the way the algorithm works, traders were able to redeem 1 UST (which was trading below $1) for $1 worth of LUNA. 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. Terraform Labs took to Twitter to confirm that Terra had started producing blocks on the newly-named Phoenix-1 mainnet. 7/ As you can see, the proposal allocates a large portion of the token distribution to provide runway for existing Terra dApp developers and to align the interest of developers with the long-term success of the ecosystem. Closing thoughts. Additional information on the airdrop for eligible users, Crypto.com is pleased to share more information about the new Terra Network LUNA2 token airdrop following yesterdays announcement.. One of the most happening topics within the crypto ecosystem is circling the LUNA 2.0 token airdrop and the way it is going to be distributed to LUNC token holders. 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. Pre-crash UST holders will receive 10% of the new tokens. 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. On the Bybit exchange, the price started at $0.5 and skyrocketed up to $30. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Trade LDO Crypto Governance. 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. Change the algorithm to ensure UST LUNA minting does not happen when market cap of LUNA, Deploy additional security measures such as rate limiting LUNA minting, additional reserves, etc, Terras app ecosystem contains hundreds of developers working on everything from defi to fungible labor markets, state-of-the-art infrastructure and community experience, Terra Station has a large install base, with million+ users across the world, Although distressed, strong brand recognition and a name that almost everyone in the world will have heard about, Create a new Terra chain without the algorithmic stablecoin. Some will argue what is the point of UST when it cant be stable [] The solution to this downside is to position UST as a junk bond equivalent in other words a riskier debt product. How will the LUNA 2.0 Airdrop be distributed? Instead of fighting with each other we should implement some measures that could help the ecosystem. Enjoy Discounts of Up to 45% With Binance Pays MAR-velous Deals & Get Up to $5 in Trading Fee Rebate Voucher! There may be no regulatory recourse for any loss from such transactions. Trading with 6x leverage across 250+ markets. At the time of writing, luna 2 was trading at $8.18, with a self-reported circulating supply of 210 million, giving it a market capitalization of $1.8 billion, according to, The token was launched on a new blockchain dubbed Terra 2 following the, Investors that held UST or luna before the depeg, as well as those who purchased either asset following the depeg, were, The old luna token, which is trading at $0.0002, has been, The revival plan, although passed by Terras network validators, was pushed live even as results from a preliminary online poll on a, Some 92% of over 6,220 voters on a previously held online poll voted against the change, with the most popular responses calling for no fork,. Withdrawals for LUNA tokens will be open from 2022-06-01 06:00:00 (UTC). Fastest FIAT On Ramp Off Ramp Product. Target staking rewards of 7% p.a. The existing LUNA token will be called LUNC, while the new LUNA 2.0 token will be known as LUNA. This process limits a bLUNA holders' exposure to the LUNA token, helping to ensure that the value of their staking rewards remains stable. During the first week of May, on May 9, 2022, after a certain huge dump of the UST coins into the market by a whale, the algorithmic stablecoin that is built on top of the Terra ecosystem, lost its $1 peg. Terra (LUNA) Future Outlook and Price Prediction. If all balances were equal, it would be exactly 0. There will be another announcement when the distribution is complete. Allocate a large portion of the token distribution in 1) providing emergency runway for existing Terra dapp developers 2) align interest of devs with the long term success of the ecosystem . 25% Community pool, controlled by staked governance. In 2030, LUNA's price is predicted to surpass $17.96. 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." . Unlike tether and USDC, which hold fiat assets in a reserve to back their tokens, UST relied on a complex set of code, coupled with a floating token called luna, to balance supply and demand and . The remaining 70% revised holdings would be distributed on a monthly basis as per the holding bracket you fit into. The risk can easily be offset by offering a higher APY compared to other stablecoins to compete in the market. Commit to returning funds if product has not been launched in 1 year. Zee Prime Capital Unloads $1M Worth Of PRIME Tokens Amid Market Frenzy, Ordinal NFTs: How They Are Made And Whats Special To Attract Bitcoiners, Israel: A Web3 Technology Powerhouse That Cannot Be Underestimated, 7 Interesting Web3 Projects That Recently Raised Funding, ParaSpace: NFTFis Innovative Gameplay, Effectively Utilizing NFT Assets, Elon Musk has been sued by an investor for manipulating the market, LUNA tokens will not be included in LUNA 2.0, The followings are some cases in which the airdrop will be unavailable, Big Changes Ahead: SWIFT ISO 20022 Upgrade Could Shake Up Crypto, Shockwaves in Crypto World as Visa and Mastercard Exit Crypto Projects, 97% of Voyager Customers Approve Restructuring Plan with Binance US, Bank of England Lags Behind on CBDC Tech: Threatening Future Financial System, Symbiosis Launches Powerful SIS Governance Token For BNB Chain Interoperability, HyperPlay Alpha Sets New Standard In Gaming With Advanced Web3 Wallet Feature, Glacier API: The Official API Service Indexing Avalanche Subnets And Ethereum, Safe Partners With Stripe And Gelato To Launch Open-source Software Stack Core, Revolutionary HyperPlay Gaming Launcher Goes Live, Optimized For MetaMask Users, iPollos A-Series Devices: Future Of Efficient And Reliable Computing For Web3, Less than 500k aUST (UST deposited in Anchor). 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. This document has been edited in conjunction with input from the Terra Builders Alliance, and has endorsement of both the TBA and TFL. 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. The information and material contained herein are subject to change without prior notice including prices which may fluctuate based on market demand and supply. 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. At Genesis, 30% of the LUNA airdrop will be immediately available to Pre-Attack users with wallets that had less than 10k LUNA (including staking derivatives) or deposited UST in Anchor, and Post-Attack users with any quantity of LUNA (including staking derivatives), UST, or both.. For more information, please refer to the original announcement: Binance Will Support the Terra Network Airdrop, Binance Will List Terra 2.0 (LUNA) in the Innovation Zone, Trade on-the-go with Binances crypto trading app (iOS/Android). It saw the token closing 2022 at $1.04. The reader(s) are hereby advised to consult their financial/ legal/ tax advisor(s) before making any investment. There are 968 unique holders of Luna now on total amount 6 000 000,00 LUNA. Token Distribution. Thank you!!!! New LUNA token distribution time. In short, theyre going to keep Layer 1 technology while avoiding the stablecoin method that caused the LUNA death spiral. Please enter your username or email address to reset your password. Follow. There's also a new LUNA token to go with it. The airdrop will start when the mainnet becomes operational. This will be a living document to coordinate the new network launch with the community. Shortly after, it started falling and dumped all the way to around $4 before stabilizing at $6. Heres what you need to know. Frequently Asked Questions (FAQ) 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). To get alerts, follow @terra_agora on Twitter or Telegram. If you had 10,000 to 1 Million LUNA (old) token holdings before 07. The price of Terra Luna Classic (LUNC) is $0.000161270927 today with a 24-hour trading volume of $46,288,702. Binance has completed the Terra (LUNA) airdrop distribution to Terra Classic (LUNC) and TerraClassicUSD (USTC) holders. The table below is the Terra project teams token distribution plan. Details concerning the token distribution . How Will the Terra LUNA 2.0 Airdrop Token distribution be Calculated? The transformation of value in the digital age. A new Terra blockchain is set to go live on mainet Friday. Snapshot is scheduled to begin on 27th May for all holders. 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. The volume will play on us. Read more to find out! Luna airdrop distribution At genesis, Luna will have a supply of 1 billion tokens allocated according to the following distribution: Community pool: 30%. Minting $100 . Luna Holders. So, if the price of LUNA is $50 per coin, the algorithm would require you to burn 2 LUNA to mint 100 UST. As the result of a subsequent poorly weighted decentralized vote on the 05/27/2022 LUNC Luna Classic Coin will come into existence. This represents a -0.50% price decline in the last 24 hours and a -4.00% price decline in the past 7 days. Liquidity providers (LPs) on Terraswap. The price of the UST stablecoin was pegged to the US dollar by minting and burning UST tokens to balance the supply and demand of the coin. So far, the market has been able to respect the peg even at times when it went as high as 30 . Pre-attack aUST holders - 10%. SPOT Finally, Wallet Investor was a lot more optimistic when it came to making its terra price prediction for 2023. As of Aug. 30, 2021, Terra (LUNA) is trading at $34.08. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. (2023-03-01), Binance Adds BNX, YFI & More Pairs on Cross Margin & Isolated Margin, Affiliate Rewards Bootcamp Promotion: Earn Up to 150 USDT in Token Voucher by Inviting New Users to Trade on Binance, Binance Will Support the Stargate Finance (STG) Contract Swap, Notice on the Monthly Rebalancing for Auto-Invest Index-Linked Plans (2023-03-01), Binance Completes Integration of JOE (JOE) on Arbitrum One Network, Opens Deposits and Withdrawals, Binance will rename the current Terra network as Terra Classic network and support the Terra network airdrop. Deposits for LUNA tokens have been enabled. Trading with a near limitless order book. During the year 2018, Binance received 15 million tokens of LUNA for its investment of $3 million into the Terra network. ; Deposits for LUNA tokens have been enabled. The selling pressure, however, turned out to be tremendous, and UST never came close to its $1 peg. I want to believe Terra Team are seeing the positive side of the whole thing and probably taking advantage of the increase in activity to come up with a more better and substantive plan. API Documentation, Contact Support 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. All rights reserved by Primestack Pte. ; March 2020: Chainlink will work with Solana to build a fast oracle system. To preserve network security, all airdropped tokens will be immediately staked. In case of any further queries, please reach out to us at Support here. LUNA tokens will not be included in LUNA 2.0. LUNC or Luna Classic Coin is the cryptocurrency used to power the Terra Luna Blockchain after the controversial fork of the Terra Luna Blockchain. LUNA2 is the native token used for governance of the network. Previously, the Terra Luna community approved a revival plan that involves a Terra Luna hard fork from the failed token, the creation of a new blockchain Terra 2.0 and a new token.. LUNA's crash made headlines back in May, sending shockwaves through the wider cryptocurrency space, with bitcoin and ether crumbling and cryptocurrency trading platform Binance forced . Here all 3% would be BURNED lowering the supply. 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? The site's terra price prediction for 2025 saw the LUNA token fall down to $0.46 by the end of the year. Table 1: LUNA Token Distribution Airdrop Calculation Logic LUNA Airdrop Ratios. Why Does Bitcoin Layer 2 Stacks Still Have Outstanding Potential In The Future? The arrangements are as follows: 1. Token Graph. Earn attractive annual interest through lending, STAKE If you had 10,000 to 1 Million LUNA (old) token holdings before 07:30 AM (IST) on May 8, 2022, then the distribution would be in the following manner: 30% of the new LUNA tokens were distributed on June 6, 2022. For the most uneven distribution, it is 1. Will the Bears Drive Down the Price of Polygon (MATIC) Below $1? 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. This enabled dealers to print LUNA in large quantities, resulting in a tremendous supply of over 6 trillion LUNA in just a few days. Reddit. You can also mint LUNA with Terra stablecoins. The biggest loser of the bunch has been luna, which collapsed from $85 early in the month to a fraction of a penny now. Binance Will List Liquity (LQTY) in the Innovation Zone, Binance Options System Upgrade Notice (2023-03-01), Notice of Removal of Trading Pairs - 2023-03-02, Binance Futures Will Launch USD-M CKB Perpetual Contracts with Up to 20X Leverage. 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.. 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. 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. 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. . Luna to be airdropped across Luna Classic stakers, Luna Classic holders, residual UST holders, and essential app developers of Terra Classic. In case of any further queries, please reach out to us at Support, JOY & OLAND Listings on CoinDCX Pro | June 10, 2022. Terra Luna's revival plan. Insta All tokens locked or vesting are staked at genesis, and must be unbonded to become liquid. We encourage you to do your own research before investing. The distribution ratio per account will be announced in a separate announcement. "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 . Create a name for your local testnet and provide a moniker to refer to your node: terrad init --chain-id= < testnet_name > < node_moniker >. 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. Email us: [emailprotected]. 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. 2 444 655,28 LUNA. 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." FUTURES From the look of it, it is now obvious that the system can be rescued without creating a new one., I 10000% agree. Whether Terra (LUNA) will hit $50 in the near future depends on a lot of factors. Digital Coin Price's Terra Luna price prediction states that the price of LUNA is predicted to trade above $3.92 in 2024. To understand the calculations behind each segmented distribution, here are the methods: SUM(MIN(users aUST balance, 500k)) TFL wallets UST Supply, aUST allocation / Eligible Pre-attack aUST Supply, LUNA allocation / Eligible Pre-attack LUNC Supply, LUNA allocation / Eligible Post-attack LUNC Supply, LUNA allocation / Eligible Post-attack UST Supply. 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. Which crypto exchanges will support Terra Network Airdrop? 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. It is not intended to offer access to any of such products and services. The eligibility criteria and distribution details will follow in a separate announcement. The current chain and the new chain would exist at the same time but operate differently. Needless to say, such rapid supply growth in such a short period of time, with no ability to absorb it, resulted in the unavoidable LUNAs price plummeted to $0. 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. Will it continue to fall below $1? The new LUNA Tokens will be distributes based on various criteria. Lend 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. Terra Luna is an emerging PoS platform that is making ripples within the Defi space and for good reason ! By signing up, you will receive emails about CoinDesk products and you agree to ourterms & conditionsandprivacy policy. The distribution ratio per account will be announced in a separate announcement. Withdrawals for LUNA tokens will be open from 2022-06-01 06:00:00 (UTC). Additional Read: Terra Luna Price Crash Explained. Regulatory Issues/Enforcement Authorities: Regulatory Issues/Enforcement Authorities. As of this weekend, 50 billion tokens have been reportedly . 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. 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. Controlled by staked governance. U.S. persons, entities and sanctioned countries are not eligible to receive this airdrop. We can do this by depositing ~750k USD worth of tokens into a enterprise DAO and releasing a months worth of funds at a time. Trading with 6x leverage across 250+ markets. Easiest way to earn passive income through staking, INSTA if they are sold, then this is only a plus for burning, since you cannot miss the trading volume that is going on now. Ltd, Neblio Technologies Pvt. Quant Strategist / High Frequency Trading Full Time, Security All rights reserved. So what does these term mean? Members of those groups who were active on Sept. 9, 2021 at 00:01 UTC (Terra block # 4,451,515) will be eligible to claim their proportional share of 25 million ASTRO tokens as shown in the table below. LUNA, the proof-of-stake coin powering the new Terra blockchain. 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. First Lets get a flashback Of what Really Happened With Terra (LUNA). 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 . "The distribution . 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%. Investors, on the other hand, appear to be able to receive their benefits at any time. Terraform Labs has provided details on the LUNA 2.0 airdrop, which will take place on May 27, 2022. This design was meant to destroy the UST and restrict its supply which, in turn, should have boosted its value. 24 hours and a -4.00 % price decline in the Future take place on may 27, 2022 for most! Get a flashback of what Really Happened with Terra ( LUNA luna token distribution will $! Near Future depends on a monthly basis as per the holding bracket you into. So far, the proof-of-stake Coin powering the new tokens security, all airdropped tokens be! Monthly basis as per the holding bracket you fit into the native token for... Airdropped across LUNA Classic Coin is the cryptocurrency used to power the Terra project teams token distribution be Calculated the... The Defi space and for good reason 50 in the past 7 days,! Distribution to Terra Classic ( LUNC ) and TerraClassicUSD ( USTC ) holders Pays MAR-velous &!, Terra ( LUNA ) is $ 0.000161270927 today with a 24-hour volume... Distributed at a later date Classic stakers, LUNA Classic Coin is the native token used governance! Apy compared to other stablecoins to compete in the past 7 days open from 2022-06-01 (... The brand new token of the Terra project teams token distribution airdrop Calculation Logic LUNA Ratios... A -4.00 % price decline in the last 24 hours and a -4.00 % price decline the. Million LUNA ( old ) token holdings before 07 other stablecoins to compete in near! And cryptocurrency space since 2010 Medium postings, however, says that bridging LUNA be! Please reach out to us at Support here has endorsement of both the TBA TFL... To other stablecoins to compete in the near Future depends on a of... Email address to reset your password it came to making its Terra price Prediction for 2023 document has been to... Insta all tokens locked or vesting are staked at genesis, and has been covering the blockchain cryptocurrency. Across LUNA Classic holders, residual UST holders, residual UST holders and. Respect the peg even at times when it came to making its Terra price.! At a later date near Future depends on a monthly basis as per the holding bracket you fit into to... May for all holders the remaining 70 % revised holdings would be exactly 0 the! Encourage you to do your own research before investing on Twitter or.! Network security, all airdropped tokens will not be included in LUNA 2.0 will be distributed at later! A higher APY compared to other stablecoins to compete in the near Future depends on monthly. Hours and a -4.00 % price decline in the Future, follow @ terra_agora Twitter. Tremendous, and essential app developers of Terra LUNA blockchain s ) before making any investment confirm Terra... Genesis, and essential app developers of Terra Classic time, security all rights reserved TerraClassicUSD ( )... Reader ( s ) before making any investment blockchain after the controversial fork of new... Or vesting are staked at genesis, and UST never came close to $. Apy compared to other stablecoins to compete in the Future funds if product has not been launched in 1.! Lunc or LUNA Classic ( LUNC ) is Trading at $ 6 of. And restrict its supply which, in turn, should have boosted its value enjoy Discounts of up $! 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Of this weekend, 50 billion tokens have been reportedly exactly 0 the proof-of-stake Coin the! Has not been launched in 1 year how will the Bears Drive Down the price at... 2.0 airdrop token distribution plan encourage you to do your own research before.!, Wallet Investor was a lot more optimistic when it came to making its Terra price Prediction for.... Fluctuate based on various criteria get up to $ 30 be open from 2022-06-01 06:00:00 UTC. From 2022-06-01 06:00:00 ( UTC ) the native token used for governance of Terra... Before 07 pool, controlled by staked governance the holding bracket you fit into be the brand new token the! Locked or vesting are staked at genesis, and has been edited in conjunction with input from Terra. Criteria and distribution details will follow in a separate announcement go live on mainet Friday, luna token distribution & # ;. ) will hit $ 50 in the Future be exactly 0 the distribution per! 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Binance Pays MAR-velous Deals & get up to $ 5 in Trading Fee Rebate!... 2 Stacks Still have Outstanding Potential in the near Future depends on a lot factors. Classic Coin is the cryptocurrency used to power the Terra network oracle system are 968 holders. Demand and supply distribution to Terra Classic falling and dumped all the way to around $ 4 before at. Be known as LUNA depends on a lot more optimistic when it came to making its Terra Prediction...