News & Blog

Coinmerce will Support the Terra Network Airdrop

Coinmerce will Support the Terra Network Airdrop


In alignment with the Terra Ecosystem Revival Plan and its given snapshot times, Coinmerce will distribute the new LUNA token to holders of the old version of LUNA and UST. Trading and wallet functions of the old version of LUNA, hereafter referenced to as LUNC and USTC (old) have been temporarily disabled.

After distribution of the new LUNA 2.0 token has started, Coinmerce will begin to review it for potential listing on the platform. More details on the distribution ratio and timeline can be found in the official governance proposal.

To sum up:
LUNA (old) will become LUNC
UST (old) will become USTC
LUNA (new) will become LUNA

As soon as timelines are more definitive will provide an update to this announcement. If you have any further questions please reach out to our support via website chat, social media or e-mail.