What exactly is the LUNA 2.0 Token?

venus1100

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Terra (LUNA) has a 1 billion token supply. It will be distributed in the following ways:

Developer mining program: 8%, Essential app developers earn a pro-rata share of the mining program proceeds every quarter for four years.
Protocol teams that were live in Terra Classic divide this allocation weighted by the last 30 day TVL from the pre-attack snapshot – 1 year cliff, 3 year vesting thereafter. Apps where TVL is not applicable will be accommodated.

0.5 percent emergency allocation to app developers, immediately after network launch to provide runway while they build out product. Commit to returning funds if the product is not launched within a year.

Community pool: 20%, governed by staked governance

Pre-attack LUNA holders: 35% of all bonded and unbonded Luna, minus TFL at the "Pre-attack" snapshot; staking derivatives included.
For wallets with 10,000 Luna: 30% unlocked at genesis; 70% vested over 2 years with a 6-month cliff
For wallets with 1M Luna: 1 year cliff, then 2 years of vesting
For wallets with more than one million Luna: a one-year cliff, followed by a four-year vesting period.
Holders of pre-attack aUST: The 10% 500K whale cap covers up to 99.7% of all holders but only 26.72 percent of Australians.
30% unlocked at the start; 70% vested over the next two years, with a six-month cliff.
Holders of post-attack LUNA: 10% Staking derivatives included
30% unlocked at the start; 70% vested over the next two years, with a six-month cliff.
Post-attack UST holders: 15% unlocked at genesis; 70% vested over 2 years thereafter with a 6-month cliff
 
Another rug waiting to be pulled! The saga will continue with 3.0 and so forth.
 
It is just an opportunity to rob those who were left from the robbery in name of Luna. Ensure that you are not fooled by the owner.
 
It is a scam coin. Stay away from it.
 
The amount of the airdrop for those who lost everything in the original coin was also a joke.
 
It is new coin which will be distributed according to what amount of Luna 1 people were holding.
 
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