Terra blockchain launch expected this Saturday, LUNA airdrop to follow the launch

Developers confirmed Friday that Terra’s new blockchain will go live on Saturday. An airdrop of new LUNA tokens to users will follow the blockchain. This is part of a larger plan to bring the ecosystem back to life. Holders of LUNA and terraUSD (UST), a stablecoin tied to the U.S. dollar, are eligible to receive new LUNA tokens based on how much they already own.