Dcoin will support renaming and airdrop plans from the Terra network to the Terra Classic network. In the announcement, the LUNA token on the Terra Classic network will be referred to as LUNA (Old Token).
Specific actions include:
LUNA (Old Token), Transaction Downtime:
From May 26, 2022, 14:00 (UTC), LUNA (old token) deposits and withdrawals will be suspended.
At 15:00 (UTC)on May 27, 2022, trading will cease, the LUNA/USDT spot trading pair will be delisted, and the corresponding spot pending order will be cancelled.
LUNA (formerly Token) is changed to LUNC.
LUNA New Token Airdrop:
Dcoin will distribute Terra 2.0 LUNA (new tokens) to all eligible users according to the token distribution plan of the Terra project team, and the specific distribution ratio will be announced separately.
Post-attack LUNA (old token) May 27, 2022 19:59 (UTC), Terra Classic block height 7,790,000 regular user LUNA (new token)
- 30% of total receipts will be distributed before 8:30 (UTC) on May 31, 2022.
- The remaining 70% will be paid monthly for 24 months from December 2022.
Attacks - Pre-snapshots include: LUNA (old token) for spot accounts.
Attacks - Post-snapshots include: LUNA (old token) on a spot account.
Leveraged accounts and LUNAs (transfer tokens) transferred from these accounts to spot accounts are not subject to airdrop.
Attack - pre-snapshots include: LUNA (old tokens) for spot accounts, leveraged accounts.
Attack - post snapshot includes: LUNA (old token) in spot account.
Leveraged accounts and LUNA (old tokens) transferred from these accounts to spot accounts will not be covered by the airdrop.
For details, please refer to:
Terra Ecosystem Revival Plan 2 [PASSED GOV]
Terra Builders Alliance: Rebirth Terra Network
Risk warning: There are huge risks in digital currency transactions, please purchase with caution and pay attention to transaction risks. Please note that Dcoin.net does not assume any responsibility for any of your transactions, such as guarantees, compensations, etc.
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Dcoin Global Operations Team
May 26, 2022
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