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.
- 2020.02.24 (Mon) 15:00 (KST) ~ 2020.03.09 (Mon) 15:40 (KST)
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 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 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: terra.stake.id (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.
- 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.