Ultegra134 (OP)
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March 25, 2023, 03:46:11 PM Last edit: March 25, 2023, 04:00:42 PM by Ultegra134 |
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This might sound a little stupid or off-topic after so so many months, but this is actually a genuine question I have.
I had purchased some LUNC through PancakeSwap before the Terra airdrop took place, a couple of dollars' worth, nothing special. However, I never received anything when Terra was distributed to its users; an acquaintance of mine who had purchased a significantly smaller amount of LUNC through Binance received a small amount of Terra. It certainly won't be a large amount, but it'd be nice to claim them if possible, just for the sake of holding them. I was told that there's a chance that they could still be claimed.
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StarKay
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March 25, 2023, 06:11:09 PM |
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I have gotten my third round of LUNA airdrop from OKX, I bought LUNA during the crash and I think that qualifies me.
I think that's the advantage CEX have over DEX, you will have to contact Pancakeswap on the best way forward because I don't have such issue.
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BIT-BENDER
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March 25, 2023, 08:31:27 PM |
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This might sound a little stupid or off-topic after so so many months, but this is actually a genuine question I have.
I had purchased some LUNC through PancakeSwap before the Terra airdrop took place, a couple of dollars' worth, nothing special. However, I never received anything when Terra was distributed to its users; an acquaintance of mine who had purchased a significantly smaller amount of LUNC through Binance received a small amount of Terra. It certainly won't be a large amount, but it'd be nice to claim them if possible, just for the sake of holding them. I was told that there's a chance that they could still be claimed.
I had three friends of mine who bought in on terra Luna when it dropped and everyone was mislead to think it’s the right time to invest. I also was very tempted to buy in on it looking at what terra Luna had already done. Long story short terra Luna went into the deep blue sea and the team decided to revive it changing the coin in a way and airdropping it, all my friends got some but honestly what’s the point. I think you the first person to complain of not seeing theirs.
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JeromeTash
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March 25, 2023, 08:50:40 PM |
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The timing could also be a factor
Perhaps you purchased it at the time when the snapshot was already taken? Could you confirm that it was done before the snapshot? I am not sure about the Binance smart chain Terra Luna, but I did receive the airdrop of some purchased Luna that was in FTX back then.
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Ultegra134 (OP)
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March 25, 2023, 10:50:48 PM |
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The timing could also be a factor
Perhaps you purchased it at the time when the snapshot was already taken? Could you confirm that it was done before the snapshot? I am not sure about the Binance smart chain Terra Luna, but I did receive the airdrop of some purchased Luna that was in FTX back then.
Perhaps it's something I also considered for myself; however, my LUNC purchase took place very close to my acquaintance's, and that's why it frustrated me. I've also read that CEXs conducted the airdrop distribution without any issues. I know for a fact that Terra is a dead coin and it's pointless, but it'd be another coin to add to my collection, which possibly could be worth some money in an upcoming bull run, to put to good use in another coin such as BNB or BTC.
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slashz9
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March 26, 2023, 07:05:21 AM |
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I think they distribute it via cex not on dex, but i don't know the exact information, i got my coins on binance, so i guess the one who got the airdrop is the one who bought luna on cex.
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malcovi2
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March 26, 2023, 07:45:50 AM |
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I think you are not even qualified since you bought it in Pancakeswap "Binance chain", it is a different token/coin.
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goaldigger
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March 26, 2023, 08:21:37 AM |
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Have you tried claiming it? Because They did an airdrop on CEX if I’m not mistaken. Anyway, I’m wondering why just now when LUNA is no longer a good one. Though many are still hoping for its come back I think it will not easy, let’s see if miracle works to LUNA as well or its other way around. Claim if its still possible, you never know if its still worth it.
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Oneandpure
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March 26, 2023, 08:38:43 AM |
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I don't think with Terra Luna airdrop need claiming because distribution directly to account exchange hold old Luna coin network, ever buy old Luna coins about $20 when price have been dump and when replacing with new Luna network coins I got their airdrop without need to claim and sending to binance exchange account.
I don't know about procedure airdrop receiving for Dapp exchange because on CEX exchange distribution automatically without need to claim, but not big hope because between old or new luna coin still dropped and my investment on old luna coin about $20 and earn new luna coins with values under $1.
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fuguebtc
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March 26, 2023, 09:03:53 AM |
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I think they distribute it via cex not on dex, but i don't know the exact information, i got my coins on binance, so i guess the one who got the airdrop is the one who bought luna on cex.
I have never invested in Luna, but I have followed the events since their demise, and I think what you say is true. Mostly, I only see centralized exchanges announcing airdrop distribution via CEX, I hardly see anything about DEX. This is the first time hearing about this incident, as most people used CEX to receive the airdrop. OP, but Lunc has become a dead coin with no future anyway, and as you said, it's just an insignificant amount. You can forget about them, and this also shows us that DEX cannot be more convenient than CEX, DEX has too many inadequacies, if you use Binance in this case, they will solve it for you quickly.
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killerfrost
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March 26, 2023, 10:21:14 AM |
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This might sound a little stupid or off-topic after so so many months, but this is actually a genuine question I have.
I had purchased some LUNC through PancakeSwap before the Terra airdrop took place, a couple of dollars' worth, nothing special. However, I never received anything when Terra was distributed to its users; an acquaintance of mine who had purchased a significantly smaller amount of LUNC through Binance received a small amount of Terra. It certainly won't be a large amount, but it'd be nice to claim them if possible, just for the sake of holding them. I was told that there's a chance that they could still be claimed.
I'm wondering if the terra network works on pancakes, or just wrappers, and as far as I know some major CEXs support airdop distribution from Luna. And for private wallets on the old platform people also get distribution through conversion and linking from Lunac to Luna 2.0. But actually I think now this is almost a dead and useless project in the market and there is no need to worry too much about it.
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Ultegra134 (OP)
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March 26, 2023, 12:21:27 PM |
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I think they distribute it via cex not on dex, but i don't know the exact information, i got my coins on binance, so i guess the one who got the airdrop is the one who bought luna on cex.
I have never invested in Luna, but I have followed the events since their demise, and I think what you say is true. Mostly, I only see centralized exchanges announcing airdrop distribution via CEX, I hardly see anything about DEX. This is the first time hearing about this incident, as most people used CEX to receive the airdrop. OP, but Lunc has become a dead coin with no future anyway, and as you said, it's just an insignificant amount. You can forget about them, and this also shows us that DEX cannot be more convenient than CEX, DEX has too many inadequacies, if you use Binance in this case, they will solve it for you quickly. I know the airdrop won't be of any significant value, not even in the slightest possibility of it marking a minor recovery during a bull market. It just came to mind because I recently had a discussion with someone who mentioned that he had received it on Binance. Otherwise, I had no clue that Terra was airdropped at some point. It's certainly not a big deal, but I thought I'd ask in case it was possible in any way; if there isn't, I wouldn't care at all. I've said it before, and I'm going to say it again: whether we like it or not, CEXs are certainly more convenient and user-friendly than DEXs.
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naikturun
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March 26, 2023, 02:53:51 PM |
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if you don't get it I don't think dex is holding the airdrop, my friend who bought luna before the crash got the airdrop which is distributed every month and he bought it on cex (binance).
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blockman
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March 26, 2023, 06:27:15 PM |
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The exchanges are the ones that were the ones that have distributed the Terra(Luna). So, if you haven't received any of it then that means that you've missed it. IIRC, only the eligible ones were actually those that have borne loss before the collapse. And that was the time when the snapshot happened cmiiw. Yeah, I understand that it may not that be worth to hold and it's still free coin to get but if you got nothing as an airdrop, there's nothing to be expected to come.
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RealMalatesta
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March 26, 2023, 08:36:24 PM |
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I think they distribute it via cex not on dex, but i don't know the exact information, i got my coins on binance, so i guess the one who got the airdrop is the one who bought luna on cex.
I have never invested in Luna, but I have followed the events since their demise, and I think what you say is true. Mostly, I only see centralized exchanges announcing airdrop distribution via CEX, I hardly see anything about DEX. This is the first time hearing about this incident, as most people used CEX to receive the airdrop. OP, but Lunc has become a dead coin with no future anyway, and as you said, it's just an insignificant amount. You can forget about them, and this also shows us that DEX cannot be more convenient than CEX, DEX has too many inadequacies, if you use Binance in this case, they will solve it for you quickly. Maybe because the Luna team knows that most people only use CEX more than DEX so they choose CEX. Despite of what happened with them, they are still thinking about their business and on how to make more money. The new Luna isn't totally dead yet because it was still listed and does have a value. The OP can still earn a profit with it if ever he successfully got his airdrop coins and sell it immediately. I wouldn't advice him to hodl or stake it because the coins future seems not bright anymore. DEX can still be convenient in other ways like for example in regards with the KYC. They don't have it. You don't even have to sign up when you use them. This is the reason why some users prefer it over CEX.
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JeromeTash
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March 26, 2023, 08:58:18 PM |
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Perhaps it's something I also considered for myself; however, my LUNC purchase took place very close to my acquaintance's, and that's why it frustrated me. I've also read that CEXs conducted the airdrop distribution without any issues. I know for a fact that Terra is a dead coin and it's pointless, but it'd be another coin to add to my collection, which possibly could be worth some money in an upcoming bull run, to put to good use in another coin such as BNB or BTC.
But to be honest. I think the problem comes from you holding TerraLuna on the Binance Smart chain (BEP20 token) which is not the real Terra Luna. Terra Luna has its own blockchain. It's like holding wBTC (which is an ERC20 token and not the real Bitcoin) and when a snapshot is taken on the Bitcoin Blockchain, they won't recognize the wBTC you are holding. So the airdrop could have been for those only holding the real Terra luna
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crzy
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March 26, 2023, 09:05:07 PM |
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if you don't get it I don't think dex is holding the airdrop, my friend who bought luna before the crash got the airdrop which is distributed every month and he bought it on cex (binance).
Binance is the CEX who made the airdrop and I don’t think DEX have this one. I also got the airdrop in Binance for holding it. Anyway, if its not a big money you can just simply buy LUNAC if you really want to hold it and you still expect for its good value in the next bull run. Buying it on Binance can be more ok than to chase for that unclaimed airdrop, just know the risk of it.
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AmoreJaz
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March 26, 2023, 09:23:45 PM |
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if you don't get it I don't think dex is holding the airdrop, my friend who bought luna before the crash got the airdrop which is distributed every month and he bought it on cex (binance).
Binance is the CEX who made the airdrop and I don’t think DEX have this one. I also got the airdrop in Binance for holding it. Anyway, if its not a big money you can just simply buy LUNAC if you really want to hold it and you still expect for its good value in the next bull run. Buying it on Binance can be more ok than to chase for that unclaimed airdrop, just know the risk of it. it seems that DEXs or not all DEXs are joining this airdrop for claiming. binance i know was pretty visible with this airdrop distribution as they have announcement for this - binance airdrop distribution as you suggested, if the OP really wanted to have that LUNAC, better buy it in the exchanges as it is cheap rather than trying to chase the unclaimed airdrop. pretty sure pancake would have credited it if they are part of this distribution. on the note of buying, think first as Do Kwon was already arrested in Montenegro - https://www.bbc.com/news/technology-65058533
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fuguebtc
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March 27, 2023, 02:54:09 AM |
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I know the airdrop won't be of any significant value, not even in the slightest possibility of it marking a minor recovery during a bull market. It just came to mind because I recently had a discussion with someone who mentioned that he had received it on Binance. Otherwise, I had no clue that Terra was airdropped at some point. It's certainly not a big deal, but I thought I'd ask in case it was possible in any way; if there isn't, I wouldn't care at all. I've said it before, and I'm going to say it again: whether we like it or not, CEXs are certainly more convenient and user-friendly than DEXs. As far as I know, the airdrop is still going on, and the last one will be released in June 2023, I got this information from Binance, and I think PancakeSwap has an announcement, but you missed it. You can wait until then or contact the PancakeSwap team directly for more details, I think you haven't completely lost it yet. https://www.binance.com/en/support/announcement/binance-completes-second-round-of-terra-luna-airdrop-distribution-to-terra-classic-lunc-and-terraclassicusd-ustc-holders-6c9ca64a94064973a273328edc99019a
Maybe because the Luna team knows that most people only use CEX more than DEX so they choose CEX. Despite of what happened with them, they are still thinking about their business and on how to make more money. The new Luna isn't totally dead yet because it was still listed and does have a value. The OP can still earn a profit with it if ever he successfully got his airdrop coins and sell it immediately. I wouldn't advice him to hodl or stake it because the coins future seems not bright anymore. DEX can still be convenient in other ways like for example in regards with the KYC. They don't have it. You don't even have to sign up when you use them. This is the reason why some users prefer it over CEX. I'm not saying DEX is completely useless, but besides KYC, I haven't seen anything superior to CEX. Once invested in altcoins, in my opinion, use CEX for convenience, and OP's case is an example.
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omgitsmehehe
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
March 29, 2023, 01:57:47 AM |
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Binance is the CEX who made the airdrop and I don’t think DEX have this one. I also got the airdrop in Binance for holding it. Anyway, if its not a big money you can just simply buy LUNAC if you really want to hold it and you still expect for its good value in the next bull run. Buying it on Binance can be more ok than to chase for that unclaimed airdrop, just know the risk of it.
Binance is a well-known exchange on the market that includes legitimate enterprises in the industry. Any project determined to be sketi inside the exchange range is instantly delisted from the Binance exchange by the moderators, and this is one of the most efficient ways I've observed growth in that particular section. Since last year's LUNAC airdrops were so trustworthy, I have no doubt that the cryptocurrency will soar during the bull season for altcoins. Usually, I'm not a fan of airdrops because I've witnessed instances where they were fake when a trader tried to exchange them for a reliable project.
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