Why are whales who lost NOTHING getting massiv airdrops?

Why are getting whales who got BTC for their UST at a rate of 1:1 a heavy airdrop ?

They lost nothing and didn’t hold UST so why the airdrop ?

Thats 2.5 billion UST which should not get a single token airdroped.

They even made profit selling their UST at a way higher price than market offered

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Honestly who cares at this rate. All holders are affected. Once a whale is now a fish when $LUNA goes live

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these whales were not affected at all and get a massive amount of free lunc

they were affected wtf. Delphi, Pantera, Galaxy Digital, Hashed all suffered serious losses


Not Pantera, they stated they sold 80% their investment before the meltdown :stuck_out_tongue:

Yeah the people screwed the most don’t include current buyers now because they can buy by the boatloads, but the transitory period were they were hyperinflating seriously mostly late 5/11 and early 5/12 when it started going from a billion to 100s of billions. They will be lumped into the 6.5 Trillion marketcap instead of their respective market caps when they purchased. This will make their stake in the Luna ~ 0.

Here is a calculation for distributions for 10% holders. Basically for Luna V2 investment for them to break even it will need to reach about $10.4 dollars AFTER 2 years.

Current Cost:Old Luna → New Luna / V2 tokens at Genesis / V2 tokens after full vesting (2-year)

$50:332446 → 4.8 / 0.72 /4.09 / 10.4

$151:1,000,000 → 14.47 / 2.17 / 12.3

$1510:10,000,000 → 144.7 / 21.17 / 123

$5000:33,131,648 → 479 / 71.94 / 407.7

$15100:100,000,000 → 1447 / 211.7 / 1230

Luna V2 Break Even Price ~ $10.43

Luna V2 Break Even Marketcap: 10.43 billion

Basically, it will be worthless.