Crypto Investment Update – Tokenize Exchange on LUNA 2.0 Airdrop Update

This Opinion post first appeared in my blog here: https://pwlcm.wordpress.com/2022/06/25/crypto-investment-update-tokenize-exchange-on-luna-2-0-airdrop-update/

Tokenize Exchange has announced more details in their support of LUNA 2.0 Airdrop on 24 June 2022:
https://medium.com/tokenize-xchange/tokenize-exchange-is-supporting-terra-2-0-luna-airdrop-1deea76fea7c

Here are some details worth noticing:

• The Terra 2.0 – LUNA Airdrop will occur at 4pm SGT on 24 June 2022 Friday.
• The Terra team will be launching a new Terra 2.0 chain.
• Our Terra address will remain the same on both the old and new chains, except it will be LUNC in the old LUNA Classic chain.
• We will be airdropped LUNA 2.0 tokens on the new LUNA 2.0 chain based on our wallet at Pre-Attack (holdings just before 7 May 2022) and Post-Attack (holdings at block height 7,790,000)snapshots.

• The airdrop ratios based on Terra team’s guidelines are:
  Pre-Attack: 1 LUNC = 1.034735071 LUNA2
  Post-Attack: 1 LUNC = 0.000015307927 LUNA2

• Regardless of our holdings at each snapshot, only 30% of our LUNA 2.0 tokens will be liquid at launch and the remaining 70% will be vested over 2 years with a 6 month cliff.

Today (25 June 2022) I checked my Tokenize Exchange wallet, it only carries my LUNC holdings, but no LUNA 2.0 airdrop yet. I suppose we will receive the first airdrop (supposedly on 24 June 2022) in later dates due to processing time in both Terra and Tokenize Exchange, and the remaining monthly vested tokens from December 2022 onward.