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Airdropped LUNA Tokens To Unlock Soon; Mass Sell-Of Coming?

Airdropped LUNA Tokens To Unlock Soon; Mass Sell-Of Coming?
On May 26th, after the LUNA debacle, the old luna chain (now called LUNC) pivoted to a sister chain called LUNA 2.0 . As part of the transition to the Terra ecosystem, new LUNA coins got airdropped to LUNA, UST (now called USTC), and aUST holders, based on the two snapshots outlined in the Terra Ecosystem Revival Plan . On November 24th, a few of these airdropped LUNA tokens are expected to get unlocked.
The Birth Of Terra LUNA 2.0
As a means to compensate the whole Terra community, Do Kwon and his internal team came up with the solution to airdrop their native staking token, LUNA, to all the users who held Terra coins both pre-attack and post-attack.
Read More: Will Terra UST Victims Get Their Money Back?
The amount of LUNA one would be eligible to receive was determined by the types of tokens the users held on the Terra Classic chain, the time period that they held these tokens for (based on Pre-Attack and Post-Attack snapshots), and the number of tokens held.

1/ On November 24th, 2022, based on the Genesis $LUNA airdrop schedules the community voted on in May, vesting $LUNA will begin to vest at 6am UTC
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