New Terra Blockchain Expected to Launch on Saturday, Luna Airdrop to Follow

Terra’s LUNA Has Dropped 99.7% in Under a Week. That’s Good for UST

Holders of LUNA and terraUSD (UST), a U.S.-dollar pegged stablecoin, are eligible to receive new LUNA tokens in a vested manner based on their previous holdings. This would, in theory, allow old holders to regain some of their lost investment value while incentivizing usage of the new blockchain.

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