Important Update: Stader Snapshots for Terra 2.0

The governance proposal for Terra 2.0 has been passed today. Link here.

It will effectively create a new Terra chain without the algorithmic stablecoin. The old chain will be called Terra Classic (token: $LUNC) and the new chain will be called Terra (token: $LUNA).

As a part of the new token allocation ($LUNA allocation details here ), $LUNA will be airdropped across $LUNA Classic stakers based on Pre attack and Post attack snapshots.

“Pre-attack” snapshot to be taken at Terra Classic block 7544910 (2022.05.07 23:00:04+08:00)

“Post-attack” snapshot to be taken at Terra Classic block 7790000 (2022.05.27 03:59:51+08:00)

Details here

Stader has been working closely with the Terra team to ensure that all Stader stakers qualify for the $LUNA airdrops. It has been confirmed that Stader products are eligible for the airdrops based on both the Pre attack and Post attack snapshots as outlined in the below list.

Stake Pools

• Luna Staked with Stader pools
• Luna rewards
• Luna in unbonding / pending withdrawal

LunaX (LunaX:Luna exchange rate will be considered at the block of the snapshot)

• LunaX in wallet
• Luna in unbonding / pending withdrawal
• LunaX provided on Liquidity pools: Terraswap, Loop, Astroport
• LunaX provided as collateral on Mirror & Edge
• LunaX in Stader’s Degen Vaults

Stake+

• Luna Staked with Stake+ validators
• Luna in unbonding / pending withdrawals

Please note that snapshots are being taken only for the LUNA holdings on Stader & not for any airdrops (ANC, MIR, ORION) that you hold on Stader.