2 years ago
The caller Terra blockchain Phoenix-1 has been operating since Saturday greeting May 28, 2022, and connected that day, millions of caller LUNA tokens were dispersed to luna classical (LUNC) and terrausd classical (USTC) holders. However, connected Tuesday the Terra improvement squad revealed that immoderate Terra token owners “received little LUNA from the airdrop than expected,” and developers are “actively moving connected a solution.”
Terra LUNA Airdrop Suffers From Miscalculation Error — Devs Plan to Offer a Solution
On Monday, May 30, 2022, Bitcoin.com News reported connected the caller Phoenix-1 blockchain and the autochthonal token called LUNA. The aged concatenation has been rebranded and is present known arsenic Terra Classic, and the aged chain’s autochthonal tokens person besides been renamed with the word “classic.” Luna classical (LUNC) and terrausd classical (USTC) are inactive listed connected a fig of exchanges arsenic tradeable crypto assets. The caller LUNA token jumped much than 85% successful worth connected Monday, reaching a precocious of $11.45 per portion but connected Tuesday, LUNA is trading for nether $10 per unit.
LUNA is inactive up implicit 40% during the past 24 hours and there’s $941 cardinal successful regular commercialized measurement today. LUNA has a marketplace valuation of astir $2.037 cardinal astatine the clip of penning and bitcoin (BTC) is the coin’s apical trading brace with 55.22% of LUNA’s 24-hour trades. BTC is followed by USDT (32.98%), USD (5.82%), EUR (4.12%), and USDC (1.42%). Terrausd classical (USTC) is up 32.1% connected Tuesday, but luna classical (LUNC) is down 17.4%. Furthermore, connected Tuesday greeting (ET), Terra developers revealed that the airdrop didn’t spell arsenic planned. It seems immoderate users received little LUNA during the distribution.
The Terra team’s authoritative Twitter leafage says:
We are alert that immoderate person received little LUNA from the airdrop than expected & are actively moving connected a solution. More accusation volition beryllium provided erstwhile we person gathered each of the data, truthful enactment tuned.
Terra Token Owners Are Not Happy With the Phoenix-1 Distribution Plan, Many Confirm Receiving Less Than Expected and Some Claim They Received Nothing astatine All
The Terra developers’ societal media station connected Twitter is littered with idiosyncratic complaints and radical confirming the information that they had not received what they expected. Some Terra users complained they received nothing, portion different Terra token owners revealed their nationalist addresses to beryllium confirmation that they had received little than what they should person been airdropped based connected the Phoenix-1 organisation plan. Some individuals criticized the airdrop organisation program and snapshot date.
“This airdrop should person been done successful 3 stages,” 1 idiosyncratic wrote connected Tuesday. “Between the 7th and 12th of May, the wealth of the buyers was reset and the airdrop did not enactment due to the fact that the fig of lunas they received was low. Those who trusted Do kwon’s tweets bought it astatine a precocious price.”
Other users complained astir 3rd parties and fashionable crypto exchanges holding their caller LUNA tokens hostage and immoderate radical asked the developers to interaction definite exchanges. Additionally, immoderate users connected societal media made a fuss astir non-custodial wallets that bash not enactment the Phoenix-1 concatenation astatine the moment. It’s harmless to accidental that a large fig of Terra token owners are not happy with however the airdrop was deployed. Since the Terra developers disclosed determination was an contented with the airdrop, the squad has not yet produced a solution to the problem.
What bash you deliberation astir the LUNA airdrop not going good and radical receiving little than expected oregon thing astatine all? Let america cognize what you deliberation astir this taxable successful the comments conception below.
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