Dear users:
CoinW will support the network upgrade of Terra (LUNA). The specific arrangements are as follows:
According to the Terra Revival Plan:
Terra creates a new chain and the current chain is renamed Terra Classic;
The current LUNA is renamed LUNA Classic (LUNC).
The new chain continues to use the name: Terra, the native token of the new chain is named LUNA, and the new chain no longer has Terra stablecoins.
CoinW will delist LUNA on May 27, 2022 and change its name. The specific arrangements are as follows:
1) CoinW has now delisted the LUNA earning service, and the LUNA assets of users who participate in earning coins will be returned to the asset account in advance.
2) CoinW has changed its token name, and LUNA will be renamed LUNC. After the renaming is completed, LUNA will be delisted at 6:00 on May 27, 2022, and LUNC/USDT is expected to be listed at 7:00 on May 27, 2022. The existing LUNA Holders will get LUNC tokens 1:1;
3) CoinW will delist LUNA2L and LUNA2S ETF products at 6:00 on May 27, 2022, and settle with the net value before the listing. CoinW is expected to list LUNC6L/USDT and LUNC6S/USDT at 8:00 on May 27, 2022.
4) CoinW will delist LUNA trading, including spot and ETF trading at 6:00 on May 27, 2022, please be sure to close your positions in advance.
5) After CoinW receives the new LUNA token airdrop, it will distribute 100% of the received airdrop to users (due to the limitation of airdrop rules and implementation difficulty, the specific execution time of the user's airdrop snapshot, distribution quantity and distribution time may be have some adjustments, and the specific snapshot time of the CoinW airdrop will be announced later.)
New LUNA Airdrop Rules
LUNA New Token Airdrop:
CoinW will distribute Terra 2.0 LUNA (new tokens) to all eligible users according to the token distribution plan of the Terra project team. The specific distribution ratio will be announced separately.
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CoinW
2022/5/26