KuCoin Has Completed the Second Round of Terra (LUNA) Airdrop

06/01/2023 17:23:57

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Dear KuCoin Users,

KuCoin has completed the second round of Terra (LUNA) airdrop distribution to eligible users according to the snapshots of KuCoin on the Luna Classic (LUNC) and Terra Classic USD (USTC) holders.

Eligible users can check their new Terra (LUNA) tokens through Assets > Main Account.

KuCoin will distribute the remaining tokens periodically over the next 23-month period from the end of January and will not publish further announcements on the completion of subsequent Terra (LUNA) airdrops.

Please take note of the following arrangements regarding the airdrops of new Terra (LUNA) tokens:

Snapshots:

Pre-Attack Terra Classic Block Height: 7,544,910 (14:59:37 on May 7, 2022 (UTC))

Post-Attack Terra Classic Block Height: 7,790,000 (16:38:08 on May 26, 2022 (UTC))

Distribution Ratio:

Asset Holdings	LUNA Airdrop per LUNC/USTC Holding
Pre-Attack (asset holding below 10,000 Luna Classic (LUNC))	1 LUNC = 1.034735071 LUNA
Post-Attack	1 LUNC = 0.000015307927 LUNA
Post-Attack	1 USTC = 0.02354800084 LUNA

Please note:

1. Minimum holding for eligibility:

Pre-Attack: 0.0015 Luna Classic (LUNC) ;

Post-Attack: 1,000 Luna Classic (LUNC), 1.5 Terra Classic USD (USTC).

2. For Pre-Attack Luna Classic (LUNC) holders who have any of the following asset holdings:

10,000 ≤ Luna Classic (LUNC) holding < 1,000,000,

≥ 1,000,000 Luna Classic (LUNC) holding.

The Terra (LUNA) tokens will be distributed monthly from June 2023 onward. More details will be announced separately as soon as possible.

For more details, please refer to:

KuCoin Will Support the Second Round of Terra (LUNA) Airdrop

Supplemental Announcement for the First Airdrop of New Terra (LUNA) Tokens

KuCoin Has Completed the First Airdrop of New Terra (LUNA) Tokens