The much-anticipated LUNA2 airdrop has entered its final distribution phase, with Bitfinex confirming the allocation of the remaining 70% tokens to eligible users. This follows the initial 30% distribution to Luna Classic (LUNC) and TerraUSD (USTC) holders in May 2022.
Key Details of the LUNA2 Airdrop
Distribution Timeline
- Initial Phase: 30% distributed in May 2022
- Final Phase: 70% distributed across 20 equal installments from April 2023 to November 2024
Eligibility Requirements
- Users must maintain an active Bitfinex account throughout the distribution period.
- Terminating an account prematurely forfeits any pending LUNA2 allocations.
- Monthly distributions occur on the first Wednesday of each month, credited automatically to qualifying accounts.
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Technical Allocation Parameters
| Parameter | Details |
|---|---|
| Snapshot Block Height | 7,790,000 (May 26, 2022, 16:38:08 UTC) |
| LUNC Allocation Ratio | 1:0.000015307927 (post-attack LUNC holders) |
| USTC Allocation Ratio | 1:2.354800084 (post-attack USTC holders) |
| Original Genesis Block | 7,544,910 (May 7, 2022, 14:59:37 UTC) with 1:10,347,350,71 ratio |
Important Considerations
Bitfinex emphasizes that:
- All distributions follow Terra Network's official allocation plan
- Users must ensure continuous account compliance
- No claims will be processed for missed distributions due to account inactivity
FAQ Section
Q: Can I transfer my LUNA2 tokens immediately after receiving them?
A: Yes, tokens become fully transferrable upon receipt in your Bitfinex account.
Q: What happens if I miss the snapshot deadline?
A: Only wallets holding LUNC/USTC at the specified block height qualify. Late purchases aren't eligible.
Q: Are there any trading fees for LUNA2 on Bitfinex?
A: Standard trading fees apply. Check Bitfinex's fee schedule for current rates.
Q: How do I verify my LUNA2 receipt?
A: Monthly distributions appear in your account history with "LUNA2 Airdrop" notations.
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Forward-Looking Statements
Bitfinex's communication contains forward-looking terms like "believe," "estimate," and "project." These statements involve inherent market risks and uncertainties. Actual results may differ materially from projections, and Bitfinex assumes no obligation to update such statements beyond legal requirements.
Users are advised to:
- Monitor official Bitfinex announcements
- Maintain account security
- Review distribution terms thoroughly
The crypto exchange remains committed to transparent asset distributions while encouraging users to stay informed about blockchain developments.