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Nami Exchange announces airdrop plan of Terra 2.0 (LUNA)

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Nami Exchange announces airdrop plan of Terra 2.0 (LUNA)

31/05/2022

Dear Nami Community,

As previously announced, Nami will airdrop Terra 2.0 (LUNA) to all users as a recovery plan from Terra project on May 31, 2022.

Specifically, from 04:00 on June 01, 2022 (UTC), Nami will airdrop Terra 2.0 token (LUNA) at the rates as follows:

  • Pre-Attack 1 LUNC = 1.034735071 LUNA
  • Post-Attack 1 USTC = 0.02354800084 LUNA
  • Post-Attack 1 LUNC = 0.000015307927 LUNA

Snapshot Timing:

Pre-Attack: 14:59, May 07, 2022 (UTC), at Terra Classic block height of 7,544,910

Post-Attack: 16:38, May 26, 2022 (UTC), at Terra Classic block height of 7,790,000

Detail LUNA airdrop plan for users holding LUNC and USTC:

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)

- distribute 30% of the total amount received from 2022-06-01 04:00 (UTC);

- 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

LUNA (old),

UST (old)

2022-05-26 16:38 (UTC),

at Terra Classic block height of 7,790,000

All users

LUNA (new)

- distribute 30% of the total amount received from 2022-06-01 00:00 (UTC);

- from December 2022 onward, monthly distribution of the remaining 70% over 24 months.

Terra 2.0 (LUNA) is a new token that may pose a higher-than-normal risk, and as such may be subject to price volatility. Please ensure that you exercise all sufficient risk management, have done your own research in regards to LUNA’s fundamentals, and fully understand the project before making your decision to trade the token.

About Nami Corporation

Nami Corp. is a FinTech startup operating in the field of Investment and Technology based on Blockchain technology. Over the years, Nami has developed an ecosystem of key products and services to comprehensively support investors, optimize community benefits with the slogan “Change mindset, make giant steps”.

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