MEXC Will Support the Terra Network Airdrop

Dear Users,

MEXC will distribute the new Terra 2.0 token (LUNA) to all eligible users based on Terra project team’s token distribution plan. The distribution ratio per account will be announced in a separate announcement.

Detailed Airdrop Rules

Category	Assets Holdings	Snapshot Details	Recovery Type	Assets Distributed	Distribution Plan
Pre-attack	LUNA (old), UST (old)	At Terra Classic block height of 7,544,910	< 10k LUNA (old) holding	LUNA (new)	- distribute 30% of the total amount received before 2022-05-31 08:30 (UTC); - from December 2022 onward, monthly distribution of the remaining 70% over 24 months.
			10k ≤ LUNA (old) holding < 1M	LUNA (new)	- from June 2023 onward, monthly distribution over 24 months.
			≥ 1M LUNA (old) holding	LUNA (new)	- from June 2023 onward, monthly distribution over 48 months.
Post-attack	LUNA (old) = LUNC, UST (old) = USTC	At Terra Classic block height of 7,790,000	Retail users	LUNA (new)	- distribute 30% of the total amount received before 2022-05-31 08:30 (UTC); - from December 2022 onward, monthly distribution of the remaining 70% over 24 months.

Please note:

The pre-attack snapshots will include: LUNA (old) balances in Spot accounts and UST (old) that participate in DeFi Staking program.
The post-attack snapshots will include: LUNA (old) and UST (old) balances in Spot accounts.
Users who staked UST (old) on MEXC are also partially covered by this recovery plan due to the liquidity reserve. This is because UST (old) staked by users via MEXC DeFi Staking program are partially staked on-chain, with AnchorUST (aUST) as the yield-bearing token.

For more information, please refer to the following:

Risk Warning

Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. MEXC Global will make the best efforts to choose high-quality tokens, but will not be responsible for your investment losses. As a digital asset trading platform that respects the community, MEXC adheres to the principle of truthful, transparent and fair trading with no malicious intent. We are committed to providing users with safer, more efficient, and more reliable digital assets trading.

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