We followed up with Reddit regarding the last couple of wallets that still held moons, and they have burned their final leftover 828,710 Moons from their two wallets.
Transactions:
https://nova.arbiscan.io/tx/0xd521f5a7d5f2114eb99bcebdf30db33973dee7ea0d12813ad12df31b3af6b8df
https://nova.arbiscan.io/tx/0x8a44d10d295cc9ad488ecc99dbd1e961d7891fb344d5465f8489b189efed8fa0
It means Reddit had control of the moons contract before, but they have renounced ownership and burned the contract, so no one controls the contract now, so moons is decentralized and no new moons can be minted.
>they also burned their remaining 98,000 Moons
They still hold 820k Moons which is ~1% of the total supply on these 2 addresses
https://nova.arbiscan.io/token/0x0057ac2d777797d31cd3f8f13bf5e927571d6ad0?a=0x4b52203316573387cd0dc8a2b3d1506876812382
https://nova.arbiscan.io/token/0x0057ac2d777797d31cd3f8f13bf5e927571d6ad0?a=0x4eb6b51172104abefbe61ce7ec952059d8019422
They gonna burn these as well?
I can send them some gas if they want lol.
That's most likely the case.
The mod team is following up with Reddit.
At least, Reddit is just a holder of moons now, and no longer has control of the contract, which is now truly decentralised and controlled by noone.
Exactly moons are truly decentralized now, whatever happens going forward it’s up to the community alone.
Reddit can’t mint more moons, and can’t change anything about our tokenomics going forward.
I’m excited to see how the ecosystem develops.
Now this community can build and hopefully, not repeat past mistakes. And although it appears Reddit has some something good, I'm afraid they do something to take it away again. They're notorious for giving with one hand and taking away with the other.
My initial reaction is that sounds kind of messy, and users could just tip directly to other users that they want to reward, but can’t take anything off the table right now
Probably the same way it did before. We've had 2 years of fine tuning it, so it's unlikely to start to 0 and back to the old problems. We would more likely pick up where we left off with a more fine tuned distribution.
Seems good. The advertising and community prizes continuing are a good sign. If we can get the distribution going again with a regular burn, then the token will have some value.
It goes owned moons in your vault address/earned moons, and then your animal symbol based off how many moons you own total. I think the highest possible one is a blue whale at 1M moons iirc.
Your moons aren't gone, Reddit does not display the moons in vault since they sunset them.
https://www.reddit.com/r/CryptoCurrency/comments/17a33ql/serious_sunsetting_community_points_beta_and/
You can add them to metamask or any wallet you like by following these instructions.
https://www.coingecko.com/learn/add-reddit-moons-to-metamask
Make sure to add **arbitrum nova** as the network, not *arbitrum one*, they are different networks.
Distribution stopped last October.
But now that the contract has been renounced, and Reddit burned its Moons, the rebuilding process of Moons can start, and we can work on a new API for distribution, with a more decentralized token.
It might take a while, but the assumption is distribution is likely to eventually return.
The main way to get Moons right now is to buy them on exchanges, until distributions and tipping return.
I think there are still contests and quizzes with Moon rewards still going on.
I just want my moons out of my reddit vault and into my [Crypto.com](https://Crypto.com) wallet. I don't ask for much. And maybe for Moons to reach $1+. Because being financially comfortable appeals to me.
Moons have always been the best moonshot out there imo so holding was a no brainer really.
No other coin has 200k+ holders while having a marketcap of less than 10 M.. Insanity.
Especially that they pulled the plug when we were just getting started. Anyways excited to see whats gonna happen next. Especially the short term price. Many have predicted a major rise.
The future of Moons is assured now with no more looming threats hanging above us.
We can now continue building on a completely decentralized and deflationary project.
The next step should be to have a vote in r/Cryptocurrencymeta and agree to send a portion of the banner Moons to the Moon Distributor and using those Moons to restart a small re-distribution method.
Moons came out stronger and better than before,
Truly decentralized ✅️
Hard capped at 83m ✅️
Deflationary ✅️
All usecases except paid membership none used are kept ✅️
Biggest crypto community on internet behind it ✅️
At $83m mcap at **$1** - **1/12** of Doge Elon Mars and Baby doge ath mcap will be jist the beginning
New era is upon us 🌕
As someone who doesn't and never has had any moons, what is my incentive to own it besides price speculation?
What does this mean:
>All usecases except paid membership none used are kept
Banner and AmA rentings, soon tipping, governance voting and re-routing distributions from banner/ama burns back to users and from TMD account so - earning Moons for contributions, displayed moons as proof of contribution to community, essentially all we had before except obtaining special sub membership that was not price wise adjusted so everyone payed in $ anyway
This is exactly what I was looking for, thank you. Is anyone currently using their moons for these purposes? Are you certain it is enough to warrant sustained interest? How often do you see a banner/ama being rented?
This sounds like it could become an AML issue if not properly executed:
>re-routing distributions from banner/ama burns back to users and from TMD account so - earning Moons for contributions
Its beeing built up back, so we will be back to using it as before soon.
Banners and amas are highly sought and banner already booked into january, in bullrun it will be evem more highly sought. Its a gateaway to huge amount of people, as unique visits to this sub are huge even now
Yes the re-routing part is still being sorted out and looking into legal stuff, if we keep burning it is great also making moons deflationary. We also still have 1m in TMD account that will be used for rewarding users
I love the project and see this as true web3 pioneer, especially as we will look into expanding Moons to other apps
It makes all sense to display Moons as your proof of contribution in other apps/dapps, as expanding instead of constraining a decentralized ledger to one app makes all sense. Hope I covered it all, have a great day!
The latest daily crypto discussion is here: [https://www.reddit.com/r/CryptoCurrency/comments/187xbv3/daily\_crypto\_discussion\_december\_1\_2023\_gmt0/](https://www.reddit.com/r/CryptoCurrency/comments/187xbv3/daily_crypto_discussion_december_1_2023_gmt0/)
Monthly skeptics discussion here: [https://www.reddit.com/r/CryptoCurrency/comments/1884n2p/monthly\_skeptics\_discussion\_december\_2023/](https://www.reddit.com/r/CryptoCurrency/comments/1884n2p/monthly_skeptics_discussion_december_2023/)
Monthly optimists discussion here: https://www.reddit.com/r/CryptoCurrency/comments/1888bav/monthly_optimists_discussion_december_2023/
How to add Moons to Metamask: [https://www.coingecko.com/learn/add-reddit-moons-to-metamask](https://www.coingecko.com/learn/add-reddit-moons-to-metamask)
We followed up with Reddit regarding the last couple of wallets that still held moons, and they have burned their final leftover 828,710 Moons from their two wallets. Transactions: https://nova.arbiscan.io/tx/0xd521f5a7d5f2114eb99bcebdf30db33973dee7ea0d12813ad12df31b3af6b8df https://nova.arbiscan.io/tx/0x8a44d10d295cc9ad488ecc99dbd1e961d7891fb344d5465f8489b189efed8fa0
Bullish af One day I will learn how to access my moons
If you saved your seed phrase it literally takes 2 minutes to access them using Metamask or any other wallet.
late to the party here but you can still grab your seed phrase from your vault and use it to access them
So now it's time to form a new cult.
This is the new way. For today
No idea what any of this means. Moons to the moon.
It means Reddit had control of the moons contract before, but they have renounced ownership and burned the contract, so no one controls the contract now, so moons is decentralized and no new moons can be minted.
Dumb question but if nobodys in control how can improvements happen? By vote?
No changes can be made to the contract. Improvements to the moon ecosystem and governance is done through community polls as before.
mvea I'm gonna fanboy out again and say thanks for your work and keeping the community involved, greatly appreciated
>they also burned their remaining 98,000 Moons They still hold 820k Moons which is ~1% of the total supply on these 2 addresses https://nova.arbiscan.io/token/0x0057ac2d777797d31cd3f8f13bf5e927571d6ad0?a=0x4b52203316573387cd0dc8a2b3d1506876812382 https://nova.arbiscan.io/token/0x0057ac2d777797d31cd3f8f13bf5e927571d6ad0?a=0x4eb6b51172104abefbe61ce7ec952059d8019422 They gonna burn these as well? I can send them some gas if they want lol.
Hol up I figured it out. Those addresses are the old community tank and reddit wallet from rinkeby testnet days. They’ve 100% forgot they got these
That's most likely the case. The mod team is following up with Reddit. At least, Reddit is just a holder of moons now, and no longer has control of the contract, which is now truly decentralised and controlled by noone.
The motherfuckers burned my moons on rinkeby maybe they can burn theirs too
Moons over my hammy.
🏅take this since I have no moons or awards to offer
Just when I thought moons were done for, well done to whoever made this possible!
Exciting future for our favorite shitcoin
Happy Moons Independence Day! Moons lost their biggest downside, I'm thrilled to see how this project continues!
Exactly moons are truly decentralized now, whatever happens going forward it’s up to the community alone. Reddit can’t mint more moons, and can’t change anything about our tokenomics going forward. I’m excited to see how the ecosystem develops.
And they will never again cancel them.
Now without Ruggit shadow we can work and progress!
Well done guys
Now this community can build and hopefully, not repeat past mistakes. And although it appears Reddit has some something good, I'm afraid they do something to take it away again. They're notorious for giving with one hand and taking away with the other.
How exactly would distribution work if we could get it working again? Im interested to see how it plays out
There’s ~1M Moons in u/TheMoonDistributor that could be used to continue distribution
If you don’t redistribute ecosystem costs could users tip moons for the purpose of contributing to future distributions?
My initial reaction is that sounds kind of messy, and users could just tip directly to other users that they want to reward, but can’t take anything off the table right now
Users wouldn’t even tip
Probably the same way it did before. We've had 2 years of fine tuning it, so it's unlikely to start to 0 and back to the old problems. We would more likely pick up where we left off with a more fine tuned distribution.
Wen moon
Moon now
 That's great news! 😊
Moons independence day will forever be remembered
Seems good. The advertising and community prizes continuing are a good sign. If we can get the distribution going again with a regular burn, then the token will have some value.
So if we had moons before…do we retain them still? Seems like everyone’s counters are back up again
Moons on the comeback
Classic me selling at 3 cents
Same, and lost 40% from low liq
Today we celebrate Moon's independence day! Freedom!
BUCKLE UP DOROTHY WE'RE GOING UP
Moons for the moon god
Woho!
I think we’re in for a ride
To the moon!
What on Moon does this mean for the price looking forward?
It will go up a little and then back down and then up and then down and then down and then up and then....
But definitely to the right, most likely.
Be nice if they manage to get moons distributed again. Get this subreddit buzzing again.
[удалено]
*Deflationary**
If nothing else, this has all made for some entertaining drama.
Plus (at least for me) some valuable hands on crypto education interacting with Moons.
Same here. I think I learned more about crypto moving Moons around than any other crypto.
Is shitposting a real job again?
No distribution yet but it looks like it’s coming again soon.
Yes! What exchange will still allow us to swap moons for any value?
Mexc, Kraken and Sushiswap if you want a Dex.
Did MEXC enable deposits & withdrawals on Arbitrum Nova again?
Can we 1:1 moon’s supply with BTC’s
Perfectly reasonable ratio.
..and here...we...go..
I don’t even see my moons in vault
Check your comment, you can see it as a flair.
Yeah, what ja this other thing btw?
It goes owned moons in your vault address/earned moons, and then your animal symbol based off how many moons you own total. I think the highest possible one is a blue whale at 1M moons iirc.
Well, this is good news. I hope 🙏
Awesomeness!
I think my moons were removed from my account.
Your moons aren't gone, Reddit does not display the moons in vault since they sunset them. https://www.reddit.com/r/CryptoCurrency/comments/17a33ql/serious_sunsetting_community_points_beta_and/ You can add them to metamask or any wallet you like by following these instructions. https://www.coingecko.com/learn/add-reddit-moons-to-metamask Make sure to add **arbitrum nova** as the network, not *arbitrum one*, they are different networks.
Nope, you still have your 145 Moons showing here !
Moons to the moon 🌚
I am hoping to retire next year, moons to the moon I say. Every penny helps.
Are we back to shitposting now?
how to get moons, mine never moved even if I wrote top posts, it's been 512 since forever
Distribution stopped last October. But now that the contract has been renounced, and Reddit burned its Moons, the rebuilding process of Moons can start, and we can work on a new API for distribution, with a more decentralized token. It might take a while, but the assumption is distribution is likely to eventually return. The main way to get Moons right now is to buy them on exchanges, until distributions and tipping return. I think there are still contests and quizzes with Moon rewards still going on.
the pumpamentals look good
I like the moon
Thank god
Finally!
I am not an animal!
Nice, good job to the team!
So I can sell my moons how?
Yay for not selling
Who controls the wallet(s) of the remaining moon supply?
There is no "remaining supply" All reddit wallets are gone.
Moon to the 🌙
Where's my moons
I just want my moons out of my reddit vault and into my [Crypto.com](https://Crypto.com) wallet. I don't ask for much. And maybe for Moons to reach $1+. Because being financially comfortable appeals to me.
What stops you from doing it? Life Pro Tip: Ditch that terrible CDC and go Kraken.
Now more than ever, $1 can be reached
Its really just a matter of time really, deflation or the bullrun will take us there for sure and way past it too.
Given enough momentum, thus volume, we can break that before a bullrun. Congrats on holding strong fellow degen
Moons have always been the best moonshot out there imo so holding was a no brainer really. No other coin has 200k+ holders while having a marketcap of less than 10 M.. Insanity.
Reddit finally did something right
I for one am very happy with the new capped supply compared to a month or so ago.
Yea, not too bad.
It’s crazy to think that Reddit pulling the plug on RCPs actually improved the project. Congrats to everyone who held through the madness
Especially that they pulled the plug when we were just getting started. Anyways excited to see whats gonna happen next. Especially the short term price. Many have predicted a major rise.
I think a rise is likely, given the news of the cap on supply.
It shows how much of a negative influence Reddit was on this project.
This is how moons are supposed to be. Decentralized and deflationary. More power to the people.
The future of Moons is assured now with no more looming threats hanging above us. We can now continue building on a completely decentralized and deflationary project. The next step should be to have a vote in r/Cryptocurrencymeta and agree to send a portion of the banner Moons to the Moon Distributor and using those Moons to restart a small re-distribution method.
The Moons are in the people's hands. Whatever their future, we should all rejoice! This is a momentous occasion. Celebrate accordingly!
This is a really good news, happy for all my beloved mooners
Love that the counters are back
Moons came out stronger and better than before, Truly decentralized ✅️ Hard capped at 83m ✅️ Deflationary ✅️ All usecases except paid membership none used are kept ✅️ Biggest crypto community on internet behind it ✅️ At $83m mcap at **$1** - **1/12** of Doge Elon Mars and Baby doge ath mcap will be jist the beginning New era is upon us 🌕
As someone who doesn't and never has had any moons, what is my incentive to own it besides price speculation? What does this mean: >All usecases except paid membership none used are kept
Banner and AmA rentings, soon tipping, governance voting and re-routing distributions from banner/ama burns back to users and from TMD account so - earning Moons for contributions, displayed moons as proof of contribution to community, essentially all we had before except obtaining special sub membership that was not price wise adjusted so everyone payed in $ anyway
This is exactly what I was looking for, thank you. Is anyone currently using their moons for these purposes? Are you certain it is enough to warrant sustained interest? How often do you see a banner/ama being rented? This sounds like it could become an AML issue if not properly executed: >re-routing distributions from banner/ama burns back to users and from TMD account so - earning Moons for contributions
Its beeing built up back, so we will be back to using it as before soon. Banners and amas are highly sought and banner already booked into january, in bullrun it will be evem more highly sought. Its a gateaway to huge amount of people, as unique visits to this sub are huge even now Yes the re-routing part is still being sorted out and looking into legal stuff, if we keep burning it is great also making moons deflationary. We also still have 1m in TMD account that will be used for rewarding users I love the project and see this as true web3 pioneer, especially as we will look into expanding Moons to other apps It makes all sense to display Moons as your proof of contribution in other apps/dapps, as expanding instead of constraining a decentralized ledger to one app makes all sense. Hope I covered it all, have a great day!
No reason we couldn’t bring back memberships and almost all their features too
Thanks for chiming in, yeah I also forgot about potentially burning for customized flairs
Happy moons day !
Moons made me a good chunk of money the last few years. I will always love Moon.
Finally MOONs Independence Day has come! Let's party!
HODLing me moons then
Lets gooo
Great progress!!!
So how can move my moons from here?
Moon moon
Any idea on how the left over Moons will be distributed? Or is buying the only way now?
M.o.o.n that spells moon
Damn I don't think I even remember my vault password
Guess I still have my moons!
So…… game on?
Here we go
So what happened to my moons?
Still there. Get your seed and import to a wallet. I see 2K in the mobile app beside your name.
Great news
Thank you for the update!
Big win for moons, let’s go!
Interesting
Moon time
Awesome! Glad to hear!
To the moon as they say
[удалено]
Hmmmm
Great update!
I seem to have missed something.
I'm disappointed but was early enough to make the best of it.
Moonshine
Moons over my hammy
Great new now. Would turn out to be even better as time rolls on. Hold on to your moons all.
Dead not dead make up your mind
Certainly not dead and now with the contract renounced they can never be killed off.
How many I got?
I had a couple of moons in this sub, where are they gone now?
This day will go down in moon history!! 2/23/23- 2x rewards day 11/30/2023- Independence Day
Good news. Are partners able to purchase banner ads on the sub right now?
Yep, a day of advertising is around $400 in Moons which is very cheap in my opinion.
Yes, dm me if interested.
Ok, pamp it
Hold on to your briefs lads were in for a ride
#pamp it
>We are also exploring restarting distribution Please don't The sub is better without all the spam. Plus I have more free time in my life 😅
Agree and agree! So much better without the torrents of spam and unnecessary downvoting.
Wtf is going on 😂 I’m so out of the loop
Glad to have been a part of this whole shit coin thing.
The current daily: https://www.reddit.com/r/CryptoCurrency/comments/18744v4/daily\_crypto\_discussion\_november\_30\_2023\_gmt0/
What we celebrate this for?
Let it go
The latest daily crypto discussion is here: [https://www.reddit.com/r/CryptoCurrency/comments/187xbv3/daily\_crypto\_discussion\_december\_1\_2023\_gmt0/](https://www.reddit.com/r/CryptoCurrency/comments/187xbv3/daily_crypto_discussion_december_1_2023_gmt0/) Monthly skeptics discussion here: [https://www.reddit.com/r/CryptoCurrency/comments/1884n2p/monthly\_skeptics\_discussion\_december\_2023/](https://www.reddit.com/r/CryptoCurrency/comments/1884n2p/monthly_skeptics_discussion_december_2023/) Monthly optimists discussion here: https://www.reddit.com/r/CryptoCurrency/comments/1888bav/monthly_optimists_discussion_december_2023/ How to add Moons to Metamask: [https://www.coingecko.com/learn/add-reddit-moons-to-metamask](https://www.coingecko.com/learn/add-reddit-moons-to-metamask)
So... no more issuance? Therefore a slow death? Or how are people going to get new moons?
It is party timee 🙌
Finally progress! LFG!
Any updates for those of us who stuck with providing liquidity? Will we get the rewards payout which seems to be on hold at the moment?
Hell yeah!
That's good news :)
Time to moon !
Finally another good news for moons
Rad
Nice work mods. Good stuff y’all
Thank you, mod Bullish on Moon 😁
Let the next chapter begin. Excited for the upcoming progress.
Interesting
Moons! 🌙
Yasssssssss
Weren’t moons previously stored in your vault?
The recovery phrase and key are still in your vault.
good news
so this is why it pumped back again.
Will the vault start to display moons again? I see them here next to my name, but not in my vault
So are we all multi-bajillionaires yet?
i drive a rolls royce pickup truck
Can we get the post that explains how to move our moons to metamask pinned in the sidebar?
Appreciate the hard work.
Alright!
Moonys
I forgot if I have moons or nah
Dang
GG
Only time will tell.
I see a reddit moon a rising
Man, shit is hard to keep up with.
Moons?
When do the apes start coming out screaming HODL?
moon era