1/ Terra governance prop #1623 to rename the existing network Terra Classic, LUNA Classic ($LUNC), and rebirth a new Terra blockchain & LUNA ($LUNA) is now live.
Vote here: station.terra.money/proposal/1623
@stablekwon I have a question: I got 500K Luna's.
Do I need to send them to my Wallet of the Terra Network to get the new coin airdropped?
Or don't I need to do anything and it will automatically get renamed Luna Classic?
@stablekwon What do they mean you get 10% unlocked at the beginning?
I understood if I have for example 1000000 Luna's on the Terra Wallet I just have (unlocked) 100k after 2 yrs the other 90% are unlocked?
Or do I get in total 10% of the new Luna from my total assets?