1. Will I get airdrops of LUNA and UST?

Airdrops will be issued based on the user’s LUNA (LUNC after renaming) and UST (USTC after renaming) asset snapshot.

Airdrops will be issued in the new LUNA currency (the currency name remains LUNA).

There will be no new currency for UST under the new network.

The new LUNA currency (Terra 2.0 network) airdrop will be distributed directly to Bybit users’ spot accounts that currently hold LUNA and UST.

2. Will the assets in the sub-account participate in the snapshot?

The spot account, contract account, and wealth management account of the main account and sub-account will participate in the asset snapshot.

The new LUNA currency airdrop will be distributed to the main account and sub-account respectively.

3. Will the assets in wealth management products (such as current wealth management) participate in the snapshot?

Yes, the assets in the user’s wealth management wallet, including the assets pledged in Bybit wealth management products, are eligible.

4. Will the deposit addresses of LUNA and UST be changed?

No, the user’s LUNA and UST deposit addresses in Bybit will be retained.

However, we recommend users to confirm whether the withdrawal address of other exchanges or wallets has changed before withdrawing.

5. Will Bybit list new spot trading pairs?

Yes. LUNC/USDT, LUNC/USDC and USTC/USDT spot trading pairs will be listed on May 26th, 6:00AM UTC.

6. Which users will not receive the airdrop?

Users holding less than 1 LUNA or 1 UST before 3:00:04 PM UTC on May 7th will not receive any airdrops

7. Will asset valuations change after renaming?

Will not. The renamed asset valuation will be maintained.

8. Is UST deposit of UST, ERC20 and BEP still supported after renaming?

Yes. The same deposit chain is still supported after renaming.

9. Has there been any change in the confirmation method of deposits on the blockchain?

No. The deposit confirmation method on the blockchain will remain unchanged.

10. Why can’t I see LUNA assets in my contract account?

Bybit has transferred all the LUNA in the contract account to the spot account on May 25th.