Upbit Announces LUNA2 Airdrop for LUNC Holders
Upbit, the South Korean-based cryptocurrency exchange, has revealed its plans for the upcoming LUNA2 airdrop targeting LUNC holders. Here are the key points you need to know:
1. LUNA2 Airdrop Details:
– The LUNA2 airdrop will begin in the next 24 hours.
– The distribution of airdrop tokens will occur over a period of 24 months.
– 70% of the airdrop tokens will be rolled out gradually.
2. Snapshot Insights:
– Two snapshots were taken to determine the distribution of the airdrop.
– The first snapshot was on May 7, 2022, at 22:59:37 (SGT) with an exchange rate of 1 LUNC = 1.034735071 LUNA2.
– The second snapshot was on May 27, 2022, at 00:38:08 (SGT) with an exchange rate of 1 LUNC = 0.000015307927 LUNA2.
3. Bonus Provision:
– LUNC holders with a balance exceeding 10,000 at the time of the first snapshot will receive an additional 30% of the initial airdrop during the second phase.
4. Caveats to Consider:
– Upbit’s endorsement of the airdrop does not mean that LUNA2 will be available for trading on their platform.
– LUNA2 airdrop quantities will be limited to a maximum of 8 decimal places.
– Monthly LUNA2 airdrop quantities may change based on the vesting release strategy.
In conclusion, Upbit has announced the LUNA2 airdrop for LUNC holders, with a staggered distribution approach over 24 months. LUNC holders with a balance exceeding 10,000 will receive an additional 30% of the initial airdrop. However, it’s important to note that Upbit’s endorsement does not guarantee LUNA2 trading availability on their platform.
By
By
By
By