LUNA GROW Launching Event (100% Annual Reward)

    Greetings, this is blockchain finance platform GDAC. 

    We are launching our 2nd GROW staking service for Terra’s LUNA on February 24, 2020 15:00 (KST). 


    Experience LUNA staking like never before! 

    GROW distributes 100% of its annual reward from LUNA to delegators. 


    Event Period 

    • 2020.02.24 (Mon) 15:00 (KST) ~ 2020.03.09 (Mon) 15:40 (KST)



    Event Details

    1) Delegate LUNA during the event period and earn 100% annual reward for 2 weeks

    Reward: GROW reward and additional event reward 

    Reward Distribution Period: 2020.02.25 16:00 (KST) ~ 2020.03.10 16:00 (KST)

    The event may end earlier than scheduled if 40 million KRT rewards are exhausted

    (will be notified). 

    Distributes 100% annual reward to delegated amount for 2 weeks on a first-come-first-served basis (approximately KRW 1 billion worth of delegated LUNA). 

    2) KRW 1 million worth of KRT to the FIRST delegator   

        Distributed regardless of the staked amount 

    3) 0% GROW service fee 

       Operating fee: 10% --> 0% applied 

    How to Participate

    “GROW” - “LUNA” - “Delegate”  

    *Note: Between 15:40 (KST) ~ 16:00 (KST) - delegation is temporarily suspended for staking calculation 


    Confirmed Participants

      Confirmed participants are individually notified via SMS (Email for foreign users) on 2020.02.25 (Tue) at 14:00 (KST) (GDAC Official Sender Number: 02-522-3581).

      - The FIRST delegator will be notified on GDAC’s Notice on 2020.02.25 (Tue). 


    Reward Distribution 

    • Reward Token: Terra KRT    

    • Distribution Period: Reward distributed everyday from 16:00 (KST) to approximately 18:00 (KST) according to the delegation snapshot
      Example 1) For assets delegated on 2020.02.24 before 15:40 (KST), reward distributed on 2020.02.25 at 16:00 (KST)
      Example 2) For assets delegated after 2020.02.24 15:40 (KST), reward distributed on 2020.02.26 at 16:00 (KST)

    • Reward Standard (KRW 302 per LUNA (market price of GDAC LUNA on 2020.02.24. at 16:00 (KST))
       ① LUNA GROW Reward: (Return on Staking)
       ② Additional Event Reward: (100% Annual Reward of Delegated Amount) - (LUNA GROW Reward) 
    • View Earned Rewards
      ① ‘LUNA GROW Reward’: “GROW” - “LUNA” - “Reward”
      ② Additional Event Reward: “Wallet” - “LUNA” - “LUNA Wallet” - “Wallet History”

    Further Details on LUNA GROW:




    Frequently Asked Questions (FAQ)?

    • If I buy LUNAX (delegated LUNA), do I earn 100% annual reward?  
      • No, you have to delegate LUNA to participate in the event. 
    • If I delegate LUNA and sell LUNAX, do I earn 100% annual reward
      • No, you will be excluded from participating in this event if you undelegate or sell LUNAX. 
    • What happens if I do partial undelegation? 
      • You are excluded from participating in this event even if you do partial undelegation. 


      ※ Precaution
        - An SMS is individually sent to users who participate in the 100% annual reward event. 

         - The event may end earlier than scheduled if 40 million KRT rewards are exhausted or for other reasons. 

         - The delegation time is based on the delegation time ultimately recorded on GDAC’s server.

         - Each person can delegate a maximum of 100,000 LUNA for the event. (There is no staking limit for LUNA GROW service). 

         -  If assets are undelegated or LUNAX is sold during the event and reward distribution period, the benefit of 100% annual reward will NOT be applied.    

         - For additional reward, reward for weekends and holidays will be distributed on the following business day.  

         - Based on internal circumstances, reward distribution could be delayed without notice. 

         - LUNA network’s reward rate will be automatically applied after reward distribution. 

         - GDAC reserves all the rights regarding this event. The event can be changed or canceled due to circumstances.

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