Updated

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

834
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

  • 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


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

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:USTBUSD

UST / BUSD with LUNA / BUSD displayed over one another
Note
I FORGOT SOMETHING CRUICIAL

THERE ARE SIX TRILLION LUNA TOKENS

THERE ARE ELEVEN BILLION UST
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?

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