Dear Cobo Users,
Cobo will support the rebranding of the Terra network to the Terra Classic network and the airdrop program.
The distribution of Luna new chain token airdrop rules is as follows：Community pool: 30%
1) Controlled by staking governance
2) 10% is dedicated to developersThe remaining 70% is used for airdropsPre-attack LUNA holders: 35%
For wallets with less than 10,000 Luna: 30% will be unlocked at genesis; the remaining 70% will be distributed monthly from December 2022 for 24 months
For wallets with < 1 million Luna: Monthly distribution for 24 months from June 2023.
For wallets with > 1 million Luna: Monthly distribution for 48 months from June 2023.Pre-attack aUST holders before: 10%:
For holders with lock-up value greater than 500,000, it will be counted as 500,000
Before May 31, 2022 16:30 (utc+8), 30% unlocked at genesis; the remaining 70% will be distributed monthly for 24 months from December 2022LUNA holders after attack: 10%
Before May 31, 2022 16:30 (utc+8), 30% unlocked at genesis; the remaining 70% will be distributed monthly for 24 months from December 2022UST holder after attack: 15%
Before May 31, 2022 16:30 (utc+8), 30% unlocked at genesis; the remaining 70% will be distributed monthly for 24 months from December 2022Definition:
Pre-Attack: Snapshot will be at Terra Classic block 7544910 (2022.05.07 22:59:37) (utc+8)
Post-Attack: Snapshot will be at Terra Classic block 7790000 (2022.05.27 00:38:08) (utc+8)Distribution ratio:
Pre-attack: 1 aUST = 0.01827712143 LUNA
Pre-attack: 1 LUNC = 1.034735071 LUNA
Post-attack: 1 USTC = 0.02354800084 LUNA
Post-attack: 1 LUNC = 0.000015307927 LUNAThe remaining 70% of the distribution will be distributed according to terra official rules.Committee Members
Singapore
June 1, 2022
