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A ton of people are asking the same question about the LUNA airdrop, so I'll answer you all at once: if you have UST right now, your best bet at getting the drop is to pull it out of exchanges/LPs/Anchor into normal UST on the Terra chain to guarantee that you'll get it. (1/2)
Major exchanges will be supported, but it's unclear which ones, so if I were you, I would do this just to be safe. Binance will probably be supported, FWIW. Once the drop is complete, you can safely move your UST back where it was. (2/2)
Even if it’s on erc20?
It's unclear which forms of UST will be supported. ERC-20 might be. Other chains might be. LPs might be. FTX or KuCoin might be. All I know for sure is Terra chain is *definitely* supported, so I'd just play it safe and bridge it over.
…and sell
So i can leave my luna in terra station right for airdrop too?
I'm not afraid of whether I get a drop or not. But I am terrified of how much of my expenses he will cover.
Good to know! Ty ty
What happens to ust after airdrop?
Going to 0
It just hit me - this is precisely why Luna 2 was needed. It creates a perceived demand to get as much of the new airdrop as possible so people go and buy Luna and Ust. This creates liquidity and pumps up value somewhat. Voila more exit liquidity of Do and whales.
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