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FatManTerra's profile
FatMan
FatMan
FatMan
@FatManTerra

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FatMan

@FatManTerra

FatMan from the Terra Research Forum I provide research, updates, and analysis on the Terra situation as it unfolds. Views are my own opinions.

fatmanterra.eth
Joined May 2022

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    1. FatMan‏ @FatManTerra May 21

      An update on airdrop eligibility - thank you @stablekwon Funds on Mars and Osmosis will be supported, and the Terra team is trying to include as many chains as possible, so many of you should be included even if you don't have your LUNA/UST sitting on Terra natively. (1/2)

      164 replies 68 retweets 437 likes
      Show this thread
    2. FatMan‏ @FatManTerra May 21

      We still recommend moving funds on-chain instead of keeping them on exchanges. Most of the airdrop will be vested (locked) for up to two years, and you will need the exchange to a) support the airdrop and b) stay online/solvent for the whole period. Better to play it safe. (2/2)

      59 replies 18 retweets 149 likes
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    3. Paul Harrington‏ @paulh_85 May 21
      Replying to @FatManTerra

      Binance is about as safe as it gets though right ?

      1 reply 0 retweets 1 like
      FatMan‏ @FatManTerra May 21
      Replying to @paulh_85

      Binance is probably safe. I would be okay with my funds on there. The primary issue with Binance isn't solvency but how they will carry out the vesting release, so I'd just temporarily move my UST onto Terra and move it back after the snapshot anyway.

      4:00 AM - 21 May 2022
      • 5 Likes
      • #LUNCBURN #LUNACLASSICBURN Crypto Elf of Rivendell🌖(Do Kwon's Dad)
      5 replies 0 retweets 5 likes
        1. Jonas!‏ @JhonMo88 May 21
          Replying to @FatManTerra @paulh_85

          If I have money in anchor should I leave it there so the aUST keep in mi wallet ?

          0 replies 0 retweets 0 likes
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        1. homelessholder‏ @homelessholder May 21
          Replying to @FatManTerra @paulh_85

          Mexc safe ?

          0 replies 0 retweets 0 likes
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        2. shiny_egghead‏ @EggheadShiny May 21
          Replying to @FatManTerra @paulh_85

          There is a risk involved moving it out & back I would say. There are probably only a few things that still keep UST above 5c right now: -the airdrop -the mindset "might as well hold, most of it is already lost" -some might still be stuck -potential to follow future legal actions

          1 reply 0 retweets 0 likes
        3. shiny_egghead‏ @EggheadShiny May 21
          Replying to @EggheadShiny @FatManTerra @paulh_85

          I'm not sure how UST or LUNA for that matter will behave in the next days or on the day the snapshot will be taken. The price could drop gradually up to that day, there might be some last day speculators who want to get in on the airdrop.

          1 reply 0 retweets 0 likes
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