Crypto.com Luna Airdrop: The whole lot You Must Know
Greetings, Readers!
Buckle up and prepare to delve into the world of crypto airdrops, with a particular deal with the much-anticipated Crypto.com Luna airdrop. Able to study all there’s to know? Let’s dive proper in!
What’s a Crypto Airdrop?
Understanding the Fundamentals
An airdrop within the cryptocurrency realm may be likened to a freebie or present. It includes the distribution of tokens or cash to eligible crypto pockets holders, usually with the aim of selling a brand new mission or rewarding present customers of a specific platform. Airdrops function an efficient advertising and marketing technique, engaging new customers to affix a group and take part in its ecosystem.
Eligibility Standards
Airdrops usually include particular eligibility standards, which can differ relying on the mission. These standards can vary from holding a certain quantity of a specific cryptocurrency in a particular pockets to actively collaborating in a group or platform. It is essential to satisfy these necessities to be eligible to obtain the airdropped tokens or cash.
The Crypto.com Luna Airdrop: A Nearer Look
Background and Significance
In 2022, Crypto.com introduced an thrilling airdrop involving Luna (LUNC) tokens, initially often known as Terra (LUNA). This airdrop aimed to compensate customers who suffered losses through the Terra ecosystem’s collapse in Might 2022. The airdrop was a big gesture by Crypto.com, demonstrating its dedication to its customers and acknowledging the challenges they confronted.
Distribution and Timeline
The Crypto.com Luna airdrop commenced on September 21, 2022, and was distributed to eligible customers who met the next standards:
- Holding no less than 0.1 LUNA (now LUNC) of their Crypto.com pockets on the time of the snapshot on Might 26, 2022.
- Sustaining the LUNA steadiness of their pockets till the airdrop distribution date.
Claiming Your Airdrop
Claiming your Crypto.com Luna airdrop is a simple course of. Eligible customers merely must observe these steps:
- Log into your Crypto.com account.
- Navigate to the "Rewards" part.
- Choose the "Airdrops" tab.
- Find the Crypto.com Luna airdrop and click on "Declare."
Eligibility Particulars and Calculations
Defining Eligible LUNA Holders
To find out eligibility for the Crypto.com Luna airdrop, the platform took a snapshot of all LUNA balances held in Crypto.com wallets on Might 26, 2022, at 00:00 UTC. Customers who had a minimal steadiness of 0.1 LUNA of their wallets on the time of the snapshot have been deemed eligible to obtain the airdrop.
Calculating Airdrop Quantity
The quantity of LUNA airdropped to every eligible person was primarily based on the next components:
Airdrop quantity = (Eligible LUNA steadiness / Whole eligible LUNA steadiness) * Whole airdrop pool
The entire airdrop pool was set at 30 million LUNA, and the entire eligible LUNA steadiness amounted to roughly 525 million LUNA. This meant that eligible customers acquired round 5.7% of their eligible LUNA steadiness within the airdrop.
Airdrop Distribution Desk
| Class | Airdrop Quantity (LUNA) |
|---|---|
| Luna Traditional (Traditional) | 30,000,000 |
| Anchor Earn | 15,000,000 |
| Mirror Protocol | 10,000,000 |
| Apollo DAO | 5,000,000 |
Conclusion: Exploring Extra
Readers, that wraps up our complete information to the Crypto.com Luna airdrop. To additional broaden your information within the cryptosphere, we encourage you to take a look at our different articles on numerous matters, together with airdrops, cryptocurrency buying and selling, and blockchain know-how. Keep tuned for extra informative and interesting content material!
FAQ about Crypto com Luna Airdrop
What’s the Crypto com Luna airdrop?
Airdrop of recent LUNA tokens to customers who held LUNC (the previous Terra Luna Traditional token) on the Crypto.com platform.
Who’s eligible for the airdrop?
Customers who held LUNC on Crypto.com between Might 26, 2022, and June 27, 2022.
When will the airdrop happen?
The airdrop occurred on July 4, 2022.
What number of LUNA tokens will I obtain?
The quantity of LUNA tokens you acquired will depend on the quantity of LUNC you held. The ratio is 1 LUNC : 1.0035 LUNA.
How can I declare my LUNA tokens?
You needn’t do something to assert your tokens. They need to have been mechanically credited to your Crypto.com account.
What if I maintain LUNC on an trade aside from Crypto.com?
You’ll not obtain any LUNA tokens from this airdrop.
Can I promote my LUNA tokens instantly?
Sure, you possibly can promote your LUNA tokens instantly after receiving them.
What’s the way forward for LUNA?
It’s unsure what the longer term holds for LUNA. Nevertheless, the group behind the brand new chain is dedicated to constructing a helpful ecosystem round it.
What’s the distinction between LUNA and LUNC?
LUNA is the brand new token that was airdropped to LUNC holders. LUNC is the previous Terra Luna Traditional token.
What are the potential dangers of holding LUNA?
As with every cryptocurrency, there’s all the time a threat that the worth of LUNA may decline. Nevertheless, the group behind the brand new chain is dedicated to constructing a helpful ecosystem round it, which may assist to assist the value of LUNA.
