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LUNA 2.0 SMART SCAM SUMMARY. DON’T FALL FOR THIS!!! for BINANCE:LUNABUSD by WeTrade100X

LUNA 2.0 SMART SCAM

➡️LUNA GOES FOR ANOTHER HARD FORK THE HOLDERS ARE SCAMMED FOREVER

➡️THE REVIVAL PLAN IS NOT AN EXACT REVIVAL – PROVES TO BE A SMART RUG PULL

➡️LUNA will be renamed as LUNC which will never hit back above 0.0001 to 0.0005 region.

Summary

  • Create a new Terra chain without the algorithmic stablecoin. The old chain to be called Terra Classic (token Luna Classic – LUNC), and the new chain to be called Terra (token Luna – LUNA)

    Luna to be airdropped across Luna Classic stakers, Luna Classic holders, residual UST holders, and essential app developers of Terra Classic.

    TFL’s wallet (terra1dp0taj85ruc299rkdvzp4z5pfg6z6swaed74e6) will be removed in the whitelist for the airdrop, making Terra a fully community owned chain

    Allocate a large portion of the token distribution in 1) providing emergency runway for existing Terra dapp developers 2) align interest of devs with the long term success of the ecosystem

    Network security to be incentivized with token inflation . Target staking rewards of 7% p.a.

Token Distribution

Community pool: 30%

Controlled by staked governance

10% earmarked for developers

Pre-attack LUNA holders: 35%

All bonded / unbonding Luna, minus TFL at “Pre-attack” snapshot; staking derivatives included

For wallets with < 10k Luna: 30% unlocked at genesis; 70% vested over 2 years with 6mnth cliff

For wallets with < 1M Luna: 1 year cliff , 2 year vesting thereafter

For wallets with > 1M Luna: 1 year cliff , 4 year vesting thereafter

Pre-attack aUST holders: 10%

500K whale cap – covers up to 99.7% of all holders but only 26.72% of aUST

30% unlocked at genesis; 70% vested over 2 years thereafter with 6 month cliff

Post-attack LUNA holders: 10%

Staking derivatives included

30% unlocked at genesis; 70% vested over 2 years thereafter with 6 month cliff

Post-attack UST holders: 15%

30% unlocked at genesis; 70% vested over 2 years thereafter with 6 month cliff

Definitions:

“Pre-attack” snapshot to be taken at at Terra Classic block 7544910 (2022.05.07 22:59:37+08:00)

“Post-attack” snapshot to be taken at Terra Classic block 7790000 (2022.05.27 03:59:51+08:00)

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