Game:

Luna (2017)

Category:

Guide

Duration: 13:53

776 views

78

https://agora.terra.money/t/terra-ecosystem-revival-plan-2-amended/18498/9

UST or LUNA bridged off of Terra
Users with bridged UST or LUNA who would like to be included in the post-attack snapshot need to bridge back to Terra before the snapshot is taken.
UST or LUNA on Terra protocols that cannot be easily identified
All protocols listed on DeFi Llama here (Terra TVL - DefiLlama 3.4k) will be covered, in addition to a few others that are known.
UST or LUNA on CW3 multi-sig contracts
Most UST and LUNA in CW3 multi-sig contracts will be accounted for, but there could be edge cases.

Pre-attack Luna holders distribution - for all holders with a snapshot balance of 10k Luna or less, 30% unlocked at genesis; 70% vested over 2 years thereafter with 6 mnth cliff. This is to ensure that small Luna holders have similar initial liquidity profiles. This would cover 99.81% of Luna wallets while only representing 6.45% of total Luna at the Pre-attack snapshot.
Post-attack UST holders distribution - 20% to 15%. This is to ensure that depeg related allocation is on par with the original stakeholder (pre-attack Luna) allocation. The 5% saved goes to the community pool.
Increase initial float: all initial float allocations modified from 15% to 30% to increase initial token float.


While UST has been the central narrative of Terra’s growth story over the last year, the distribution of UST has led to the development of one of the strongest developer ecosystems in crypto.

The Terra ecosystem and its community are worth preserving.


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


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