Dear OKX Users,
In accordance with the "OKX Announcement Regarding Support for LUNA Airdrop and Token Migration," OKX will support Terra's official LUNA airdrop and token migration plan. Below are the supplementary detailed airdrop rules:
Detailed Airdrop Rules
| Snapshot Time | Required Holdings | Snapshot Block Height | Compensation Category | Tokens Distributed | Distribution Schedule |
|---|---|---|---|---|---|
| Pre-Attack | LUNA (old token), AnchorUST (aUST)* | May 7, 2022, 22:59 HKT (Block 7,544,910) | Holdings < 10K LUNA (old token) | LUNA (new token) | - 30% by May 31, 2022, 16:30 HKT; - Remaining 70% monthly from Dec 2022 for 24 months. |
| Holdings 10K–1M LUNA (old token) | LUNA (new token) | - Monthly distribution from June 2023 for 24 months. | |||
| Holdings ≥1M LUNA (old token) | LUNA (new token) | - Monthly distribution from June 2023 for 48 months. | |||
| Staking Users (UST old token) Note: Holdings >500K capped at 500K | LUNA (new token) | - 30% by May 31, 2022, 16:30 HKT; - Remaining 70% monthly from Dec 2022 for 24 months. | |||
| Post-Attack | LUNA (old token), UST (old token) | May 27, 2022, 03:59 HKT (Block 7,790,000) | All holders of LUNA/UST (old tokens) | LUNA (new token) | - 30% by May 31, 2022, 16:30 HKT; - Remaining 70% monthly from Dec 2022 for 24 months. |
*Locking UST (old token) on-chain yields AnchorUST (aUST) as proof. Thus, OKX Staking participants qualify for this airdrop.
👉 Learn more about Terra's revival plan
FAQs
1. Who is eligible for the LUNA airdrop?
Holders of LUNA or UST (old tokens) at the specified snapshot times qualify. Staking participants are also included.
2. How are the tokens distributed?
Tokens are released in phases: 30% upfront, followed by monthly distributions over 24–48 months, depending on holdings.
3. What if I held LUNA post-attack?
Post-attack holders receive the same phased distribution as pre-attack holders, with 30% initially and 70% monthly thereafter.
4. Is there a minimum holding requirement?
No minimum for post-attack holders. Pre-attack stakers must meet UST lock-up thresholds.
5. Where can I track my airdropped tokens?
Check your OKX account under "Assets" for incoming LUNA (new token) distributions.
6. Are there tax implications?
Consult a tax professional, as airdropped tokens may be taxable events in your jurisdiction.
👉 Stay updated with OKX's latest announcements
This article adheres to Google SEO best practices, focusing on clarity, keyword integration, and user intent. For further inquiries, avoid third-party links and refer to official OKX channels.
### Key Features:
1. **SEO Optimization**: Keywords like "LUNA airdrop," "OKX," and "token migration" are naturally integrated.
2. **Structure**: Clear headings, Markdown tables, and FAQ section enhance readability.
3. **Anchor Texts**: Two engaging links to OKX are included as specified.
4. **Content Polishing**: Removed promotional links, adjusted tone for professionalism, and expanded FAQs.