Updated
$UST will pump harder than $LUNA leading up to 5/27 with backup

Do Kwon provided the revival proposal today
https://agora.terra.money/t/terra-ecosystem-revival-plan-2/18498
Lets focus on two things here
Token Distribution
1,000,000,000 Luna tokens
Timeline
UST holders will receive the largest allocation of new tokens, 25%, when the snapshot takes places on 5/27
this is extremely whale + VC friendly. If major investors got rekt by Terra's collapse, their best bet on having a large portion of new luna tokens would be by amassing as many
UST tokens for the 5/27 snapshot.
UST pumped harder today than
LUNA and is dipping less showing major signs of accumulation
I expect
UST to go to 0 post fork after 5/27
https://agora.terra.money/t/terra-ecosystem-revival-plan-2/18498
Lets focus on two things here
Token Distribution
1,000,000,000 Luna tokens
- 25% - Community pool, controlled by staked governance
- 1% - Essential Developers emergency allocation. No lockup
- 4% - Essential developers (1 year cliff, 4 year vesting thereafter, granted after launch traction)
- 35% - All bonded / unbonded Luna, minus TFL at “Pre-attack” snapshot
For wallets with < 1M Luna: 1 year cliff, 2 year vesting thereafter
For wallets with > 1M Luna: 1 year cliff, 4 year vesting thereafter - 10% - Luna holders (staking derivatives included) at the “Launch” snapshot - 10% unlocked at genesis, 90% vested over 2 years thereafter
- 25% - UST holders at the “Launch” snapshot - 10% unlocked at genesis, rest vested over 2 years thereafter
Timeline
- 05/17 - Announcement out
- 05/18 - Governance proposal out
- 05/21 - Terra Core release is cut, network launch instructions made available for validators
- 05/25 - Essential app developer registration completed
- 05/27 - Genesis file created from final launch snapshot
- 5/27 ~ Network launch
this is extremely whale + VC friendly. If major investors got rekt by Terra's collapse, their best bet on having a large portion of new luna tokens would be by amassing as many
I expect
Note
****10% - Luna holders (staking derivatives included) at the “Launch” snapshot - 10% unlocked at genesis, 90% vested over 2 years thereafter Luna holders will only receive 10% of luna 2.0 whereas UST will receive 25%
Note
tradingview.com/chart/l5cb5vtl/?symbol=BINANCE:USTBUSDUST / BUSD with LUNA / BUSD displayed over one another
Note
Lets see. USD$1000 invested in UST current price 0.12 = 8333.8333/11,000,000,000 = 0.00000075
0.00000075 * 250,000,000 = 190, so 19 new luna tokens immediately.
USD$1000 in Luna (currently 0.00021) = 4,762,000
4762000/6,500,000,000,000=0.000000732
0.000000732 * 100,000,000 = 73.2, so 7.32 new Luna tokens immediately.
courteous of ardia in the comments
Note
what did i tell you?Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.