The world’s largest crypto exchange Binance completes the second round of Terra (LUNA) airdrop distribution to Terra Classic (LUNC) and TerraClassicUSD (USTC) holders on Thursday. The airdrop is related to the separation of the Terra Classic network under the “Terra Ecosystem Revival Plan 2” by Do Kwon, with the first airdrop already completed in May.

In an official announcement on December 22, Binance has completed the second round of Terra (LUNA) airdrop distribution to eligible users who held Terra Classic (LUNC) and TerraClassicUSD (USTC) as per the snapshot. The snapshot timings are May 7 at 14:59:37 UTC (pre-attack) and May 26, 2022 (post-attack).

Binance will distribute the remaining Terra (LUNA) airdrop distributions from December 2022 or June 2023, as per the distribution plan. This will take 24 to 48 months for the full distribution of Terra (LUNA) tokens.

Users can confirm the receipt of airdrop LUNC tokens on the Distribution page of their spot wallets. Also, users are requested to unselect “Hide 0 balances” to view LUNA tokens in spot wallets.

(by Varinder Singh)