So finally the new terra blockchain goes live after a delay on Friday.
The announcement was made by Terra officials on Twitter.
Today marks the beginning of the next chapter for the Terra community; one in which our potential knows no bounds & our collective creativity can flourish. This is it #LUNAtics - it’s time to build.
With the launch of this new chain, the old chain now becomes Terra Classic with it's native token Luna Classic (LUNC). The new chain is not going to have algorithmic stablecoin like the one which failed miserably, UST, in the old chain.
The most interesting thing in the launch is the airdrop of fresh LUNA coins to Terra Classic chain stakeholders.
The airdrop will take place on Terra's own website and through centralized exchanges as they have already mentioned that they will be working with the exchanges regarding this.
But for those of you who have already been using Terra Station, some of them may have got a few airdrops.
I am also thinking of moving my Terra Classic from Binance to Terra Station.
Claiming Terra Airdrop
As I have wrote above, that Terra team may be working with the centralized exchanges to airdrop Terra to users over there, but for those who already on Terra Station or want to move their funds to Terra Station from exchanges, there are the steps to get yourself ready for the possible airdrop.
You can get Terra Station on Desktop, Chrome, Firefox or mobile.
To get Terra Station on Chrome Click here.
- Open the browser extension and click to create a New Wallet.
- Type in the details and save your seed phrase somewhere.
- Confirm your seed word order from your seed phrase.
- Click Submit and connect to your new wallet.
Adding Phoenix-1 Mainnet
To check the Staked LUNA, already staked and vesting, Terra asks its users to follow these three simple steps for processing.
- After opening your Terra Station on chrome browser, click the settings tab and then Add a Network.
- Fill fields as is given in the screen shot.
- Click submit.
That's it. You will get wallet added for the new Luna.
If you already have been using Terra Station and had some Luna Classic staked, you may get your airdrop.
If not, then you may also try transferring your Luna Classic from exchanges to your Terra Station and see if you could receive your airdrop.
Or you can also wait to see if you may also receive airdrop for your Luna Classic on your exchange which might be working with the Terra team for airdrops.