Bitfinex will be supporting the Rebirth Terra Network' migration for Terra .

　　Deposits and withdrawals for Terra , TerraUSD , Mirror Protocol and Anchor Protocol will be closed from 12:30 PM UTC today in preparation for the Terra migration.

　　The Bitfinex UI ticker will remain the same for LUNA and TERRAUST. The new, airdropped Terra token will be called LUNA2.

　　Updated UI and API tickers:

　　- Legacy Luna token UI ticker = LUNA

　　- New Luna token UI ticker = LUNA2

　　- Legacy Luna API ticker = LUNA

　　- New Luna token API ticker = LUNA2

　　LUNA airdrop distribution details:

　　Pre attack snapshot taken on 7th May 2022 at block 7544910 will be pro-rata distributed based on Bitfinex compensation received in accordance with the Terra Rebirth distribution proposal.

　　Pre Attack Margin Positions:

　　Bitfinex will net out the LUNA longs against the LUNA short positions.

　　Post attack snapshot will be taken at block 7,790,000 . Based on the Terra Rebirth distribution proposal, Bitfinex will receive compensation that will be distributed to legacy LUNA and TERRAUST holders as LUNA2 tokens.

　　Bitfinex will distribute LUNA2 tokens shortly after it receives them; we will provide more detailed timings as soon as the Terra team makes them available.

　　Once credited, new spot trading pairs for LUNA2/USD and LUNA2/USDT will be available to trade on Bitfinex, this will be announced in a seperate post.