FTX will support new LUNA airdrop and suspend LUNA and UST markets

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Announcement.jpeg

 

  • LUNA and UST markets will be halted on May 26, 2022 at 12pm noon (UTC)

    • LUNA and UST deposits and withdrawals will be suspended

    • All deposits and withdrawals on terra will be paused during the migration. Tokens affected are: C2X, ANC, UST, LUNA

    • All LUNA/USD, LUNA/USDT, UST/USD, UST/USDT and UST-PERP orders will be canceled

    • LUNA and UST spot borrow and lending positions will be auto-closed at 1 hour TWAP index price, and their spot borrow and lending will no longer be supported

    • UST-PERP positions will be expired to a 1 hour TWAP of the UST index

 

New LUNA airdrop:

Users who have UST and LUNA balances on FTX during the snapshot time will be eligible to receive the new LUNA airdrop, subject to certain adjustments. Details including timing, implementation and amount will be announced separately.

Note: trading digital assets confers high risk due to large price fluctuations. Before trading, please ensure that you have a full understanding of all the risks associated with investing in digital assets.

It is your responsibility to understand the implications of the LUNA and UST migration and new LUNA airdrop. FTX is not liable for any losses.

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