Stader on Terra 2.0

Terra 2.0 is going live on 28th May 2022. The native staking token, LUNA, will be airdropped to the community, as described in the Proposal link here. Stader stakers will receive Luna airdrops based on Pre and post-attack snapshots, you can find more details on the airdrops here

Stader will launch Liquid staking on Terra 2.0 on June 2nd. Terra 2.0 users can transform Luna into LunaX with a single click and get auto-compounded staking rewards.

LunaX will start with a few select validators as we begin our journey on Terra 2.0. We plan to expand to more validators in 1–2 weeks as we progress further.

Our users are at the core of what we build, Stader is working together with DEXs, Lending protocols & Synthetic derivative protocols to unlock exciting Defi opportunities for LunaX. Stader is also working on rewards for LPs & Defi-use cases, stay tuned for more details.

Initially, Stader will charge 0% commission on LunaX till the Defi integrations go live.

Disclaimer: This article doesn’t constitute investment/financial advice. Please do your own research prior to investing.