If you have LUNA in you Battle If you have an account, you are eligible for the airdrop of the new LUNA tokens. The Dutch exchange recently made familiar exactly how it handles the situation. You can read more about this in this article.
Bitvavo lists and distributes new LUNA tokens
It depends on each exchange how the airdrop is handled. In case you have a Terra wallet, you will receive the airdrop according to the schedule proposed by the Terra team (you can read more about this here† But that is slightly different via exchanges since your exchange account is not directly connected to the Terra blockchain.
Bitvavo reports in a blog post how it handles the distribution of the new cryptocurrency. It will also let you know when the new LUNA tokens will be listed. First off, the first 30% of the airdrop was distributed today at 5:30 PM. Half an hour later, the quotation on Bitvavo follows. From that time it is possible to trade LUNA on the exchange.
The remaining 70% of the LUNA airdrop will be distributed gradually from December this year. LUNA classic (LUNC) has been tradable on the trading platform since Friday. This is the cryptocurrency of the old Terra network.
How much LUNA do you get per 1 LUNA classic on Bitvavo?
How many new LUNA tokens you receive depends on when you owned the old version of LUNA. Did you have LUNA in your Bitvavo account before the crash? Then you get about 1 LUNA per 1 LUNA classic. If you bought LUNA on the exchange after the crash, you will receive 0.000015307927 LUNA per 1 LUNA classic. So the difference is quite large. Below you will find an overview of the ratios that Bitvavo observes.
Meanwhile, the new crypto to have any trouble because many recipients of the airdrop sell their possessions directly. In South Korea, Terraform Labs has now come under scrutiny and are interviewed all employees of the company.
–
