Dear Bitruers,
Bitrue will be supporting the upcoming airdrop of new LUNA to users on Bitrue who own LUNC (LUNA old) and UST. Please refer to the official airdrop announcement from the Terra team for more information about this airdrop.
Snapshot Times at Bitrue:
1. A snapshot of all LUNA assets on the Bitrue platform near the LUNA block height of 7,544,910 (estimated time: 14:59:37 (UTC) on May 7, 2022).
2. A snapshot of LUNC and UST assets on the Bitrue platform near the LUNA block height of 7,790,000 (estimated time: 16:38:08 (UTC) on May 26, 2022).
* Please also note that the snapshot time at Bitrue may differ by several hours from any snapshot times posted by the official coin team. As such, holdings at the above mentioned block heights will not necessarily guarantee you a portion of the airdrop.
The amount of LUNA that any user will receive will be determined according to these rules:
| Category | Assets Holdings | Snapshot Timing | Recovery Type | Assets Distributed | Distribution Plan |
|
Pre-attack
|
LUNA (old)
|
2022-05-07 14:59 (UTC),
at Terra Classic block height of 7,544,910 |
< 10k LUNA (old) holding | LUNA (new) | - initial distribution of 30% of entitlement; - from December 2022 onward, monthly distribution of the remaining 70% over 24 months. |
| 10k ≤ LUNA (old) holding < 1M | LUNA (new) | - from June 2023 onward, monthly distribution over 24 months. | |||
| ≥ 1M LUNA (old) holding | LUNA (new) | - from June 2023 onward, monthly distribution over 48 months. | |||
|
Post-attack
|
LUNC,
UST |
2022-05-26 16:38 (UTC),
at Terra Classic block height of 7,790,000 |
Retail users
|
LUNA (new)
|
- initial distribution of 30% of entitlement;
- from December 2022 onward, monthly distribution of the remaining 70% over 24 months. |
NOTE:
Around the snapshot time,
- Any LUNA (old), LUNC, UST in Power Piggy, BTR Lockups, or Yield Farming investments will be eligible to receive this airdrop.
- Any LUNA (old), LUNC, UST in open orders will not be eligible to receive this airdrop.
- Any LUNA (old), LUNC, UST in the process of being withdrawn will not be eligible to receive this airdrop.
- Any distributions of LUNA (new) that would be below $1 will not be distributed.
- If your account has been frozen for any reason during the snapshot time, including by your own actions as a result of changing your PIN code or email address, you will not be eligible to receive this airdrop.
- Bitrue reserves the final right of interpretation for all of these rules, as well as the right to add or modify rules at any time.
The LUNA airdrop will be distributed upon receipt, and a separate announcement will be made after the distribution is completed. Please keep an eye on our Official Twitter Account for later updates.