LUNA 2.0 is scheduled to launch on May 28

LUNA 2.0 is scheduled to launch on May 28

On May 27, Terraform Labs updated the latest information on the progress of Terra 2.0 deployment. Accordingly, LUNA 2.0 is expected to go live on May 28th, 2022 at around 06:00 AM UTC.

At the same time, the project will airdrop new LUNA tokens to investors holding LUNA and UST based on specific conditions. 30% of the LUNA airdrop will be issued, with the remaining 70% to be issued over two years with a six-month cliff.

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