Hotbit's Announcement Regarding the Release of LUNA2 Airdrop on June 6th, 2022

Dear respected users,

According to Terra's official release rules, we have released 30% of LUNA2 airdrop, and the eligible user and check their assets on Hotbit now. The remaining 70% will be synchronized with the official release plan(According to the official release plan, 25% of the remaining 70% will be released before May 23rd, 2023, and the rest will be released before November 13th, 2024). The details of this airdrop are as following:

1. For user who hold LUNA 1.0 (LUNC) at the snapshot time 02:59:37 PM on May 7th, 2022 UTC before the Terra chain is attacked, the airdrop ratio is 1 LUNC = 1.034735 * 0.3 LUNA2;

2. For user who hold LUNA 1.0 (LUNC) at the snapshot time 04:38:08 PM on May 26th, 2022 UTC after the Terra chain is attacked, the airdrop ratio is 1 LUNC =0.000015 * 0.3 LUNA2;

3. For user who hold UST0 (USTC) at the snapshot time 04:38:08 PM on May 26th, 2022 UTC after the Terra chain is attacked, the airdrop ratio is 1 USTC = 0.023548 * 0.3 LUNA2;

4. Only assets in Spot account, available assets in Investment account and available assets in Funding account can take part in this airdrop;

Note: Assets that is in pending deposit and withdrawal won’t take part in this airdrop.

5. At the snapshot times mentioned above, if user hold less than 0.1 LUNA 1.0 (LUNC) and 1 UST 1.0 (USTC), then they won’t take part in this airdrop;

6. For the release time of the remaining 70% of airdrop, please wait for our further notice.

Hope you enjoy trading on Hotbit!

Hotbit Team
June 6th, 2022