ATTENTION REFRACTORS: Important information on the upcoming Terra snapshots for Prism $LUNA derivative
The governance proposal for a Terra v2 fork has been passed today. The proposal outlines how tokens for Terra v2 will be distributed, details of which can be found here:
The PRISM vault contained approximately 6m $LUNA at the time of the initial de-peg on 7th May & over 13m $LUNA currently.
It has been confirmed that holders of $cLUNA & $pLUNA at the snapshot dates will qualify for both the pre-attack $LUNA & the post-attack $LUNA snapshots.
This includes any $pLUNA or $cLUNA that was being provided in liquidity pools, $cLUNA in the process of being unbonded & $pLUNA being provided as collateral on Edge Protocol.
Both $cLUNA & $pLUNA will be considered equivalent to 1 $LUNA for the purposes of any snapshot.
Notably $yLUNA is not included in snapshots by those indexing for Terra v2. The reasoning behind this is that $yLUNA represents entitlement to the yield of $LUNA, whereas $pLUNA represents the underlying ownership of $LUNA, as described in the Prism docs.