OKX&#39s detailed rules for LUNA airdrop

 New Listings    |      2022-05-29
According to the announcement of OKX on supporting LUNA airdrop and token migration, OKX will support Terra's official LUNA airdrop and token migration program.
 

The specific airdrop rules are as follows:

Category Assets Holdings Snapshot Timing Recovery Type Assets Distributed Distribution Plan
Pre-attack LUNA (old), AnchorUST (aUST)* 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 before 2022-05-31 08:30 (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.
LUNA (old) and UST (old) Earn users

Note: Users UST holdings greater than 500K will be calculated as 500K
LUNA (new) - distribute 30% of the total amount received before 2022-05-31 08:30 (UTC);
- from December 2022 onward, monthly distribution of the remaining 70% over 24 months.
Post-attack LUNA (old),UST (old) 2022-05-26 16:38 (UTC),at Terra Classic block height of 7,790,000 LUNA、UST Holders LUNA (new) - distribute 30% of the total amount received before 2022-05-31 08:30 (UTC);
- from December 2022 onward, monthly distribution of the remaining 70% over 24 months.
 
 
* Users’ staked UST (old) on OKX Earn would then be staked on-chain, with AnchorUST (aUST) as the yield-bearing token, thus UST (old) Earn users on OKX are also covered by the recovery plan.
 
 
OKX
May. 26, 2022
 




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