Thread by @terra_money

1/ Yesterday, we said Terra 2.0 is coming. Tomorrow, it arrives.

The community has been working around the clock to coordinate the new chain’s launch. Subject to potential change, we expect Terra to go live on May 28th, 2022 at around 06:00 AM UTC.

2/ To reach this point so quickly speaks volumes about our incredible community of users, validators, developers, and exchange partners 🌎

We’d like to thank each and every one of you for making this possible 🤝

3/ Ahead of Genesis, here are the most important things to know 👇

4/ An overview of events leading up to the launch:

1. TFL will share the preultimate-genesis.json file with Terra validators participating in Genesis

2. TFL will collect all gen_tx’s from validators

5/ An overview of events leading up to the launch (continued):

3. Block 1 of the new chain will be produced following a supermajority of interconnected validators running simultaneously

6/ Terra Station, Terra Finder (our block explorer), and Terra Observer (our feeder for dApps) will all have full functionality when the network goes live 🚀

7/ Many of the dApps you know & love from Terra Classic have committed to migrating to Terra.

Their launch timing will depend on several factors including team bandwidth, so we’ll let you hear from them directly about their plans (which we can’t wait to hear as well) 👀

8/ Thanks to our exchange partners working with us closely, the new $LUNA coin will be listed on many of your favorites. The finalized list of those participating in the launch will be out soon, so stay tuned. In the meantime, watch for announcements from exchanges on Twitter 🐦

9/ We also wanted to answer some of the most common questions raised by the community around the $LUNA airdrop. To begin, please check out our airdrop announcement from yesterday 👇

https://twitter.com/terra_money/status/1529665416108208128?s=20&t=AoFE6LtdkWDTWUn_jzzBWA

10/ Q: When will the airdrop occur?

A: The LUNA airdrop will occur on the first block of the new Terra chain, expected on or around May 28th, 2022 at 06:00:00 GMT.

11/ Q: How does vesting work with the airdropped $LUNA?

A: You can find complete details on vesting within the section titled “Vested LUNA” in this article 👇

medium.com/terra-money/te…

12/ Q: What can I do with my liquid (non-vesting) $LUNA?

A: Users can stake their liquid $LUNA on Terra Station to their preferred validator(s) to earn rewards and participate in the new chain’s governance, use dApps upon launch, or trade it on an exchange.

13/ Q: Do I need to claim the airdrop or will it just show up in my wallet?

A: $LUNA that is not immediately staked (as vesting tokens) will be made available in users’ Terra wallets automatically.

14/ A (continued): Staked vesting tokens will show up in Terra Station. Users just need to select the new network and visit the “Stake” tab to view their staked balance.

After a user’s vesting cliff is hit, tokens will start to become available in their wallet each block.

15/ A (continued): Users who receive the airdrop through CEXs should check with the exchange for details on how the $LUNA airdrop will work. Our partner exchanges have done a great job of communicating these details, and we’ve been retweeting the announcements as they drop.

16/ Terra validators are highly encouraged to join this Discord for announcements, launch sequencing, and everything else they need to know to hit the ground running 👇

discord.gg/7uJt2yaz39

17/ As a community, we said we would rise from the ashes. Tomorrow, one of the most decentralized and community-owned blockchains ever will launch as a result.

18/ Terra 2.0 is bringing the same ideals you fell in love with the first time: world-class UI/UX, our amazing #LUNAtic community, and a deep, talented developer pool poised to build the future of DeFi.

Get ready for launch #LUNAtics! 🚀 🚀 🚀