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Upbit Announces Next LUNA2 Airdrop for LUNC Holders

August 25, 2023
in Blockchain
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Upbit, the South Korean-based cryptocurrency trade, has detailed its plans for the forthcoming LUNA2 airdrop focusing on LUNC holders. LUNC, beforehand often called LUNA, underwent a rebranding and its holders at the moment are on the cusp of receiving LUNA2 tokens.

Snapshot Insights

The LUNA2 airdrop is slated to kick off within the subsequent 24 hours.

A staggered distribution strategy has been adopted, with 70% of the airdrop tokens to be rolled out over a span of 24 months.

Two pivotal snapshots had been captured to find out the airdrop’s distribution:

  1. First snapshot: 2022-05-07, 22:59:37 (SGT) at block top 7,544,910. Alternate charge: 1 LUNC = 1.034735071 LUNA2.

  2. Second snapshot: 2022-05-27, 00:38:08 (SGT) at block top 7,790,000. Alternate charge: 1 LUNC = 0.000015307927 LUNA2.

A bonus provision is in place: LUNC holders with a steadiness exceeding 10,000 on the first snapshot’s time can be entitled to an additional 30% of the preliminary airdrop throughout the second part.

Caveats to Think about

Upbit’s endorsement of the airdrop would not equate to a buying and selling inexperienced mild for LUNA2 on their platform.

UNA2 airdrop portions can be truncated to a most of 8 decimal locations.

Month-to-month LUNA2 airdrop portions are topic to alter, contingent on the vesting launch technique, a choice resting with the token’s governing basis.

The Upbit crew signed off the announcement, reiterating their dedication to their person base.

Picture supply: Shutterstock



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Tags: AirdropAnnouncesholdersLUNA2LUNCUpbit
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