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4.7M Moons were burned on block 2102966, an hour or so ago

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by COINS NEWS 169 Views

4.7M Moons were burned on block 2102966, an hour or so ago

As per the title.

We were told that this amount would be burned in one of the pinned posts. These are the amount of coins not transferred to Arbitrum. Most of it was locked on Rinkeby Ethereum (4.1M Moons), i.e., owners didn't move them from the old to the new network. There was no need for you to take action if you didn't move the coins from your Vault.

The transaction can be found here: https://nova.arbiscan.io/tx/0x62caeee9bc571600903f0a31b6178ae31bbe3f9f4cc6510b25619c197e281d11

A snapshot of the details is below:

https://preview.redd.it/c3xtyeyv8lga1.png?1365&format=png&auto=webp&s=de06ffc1bb801f6f2f2a9c37cb4040aefea0db36

I'm also shocked about the cheapness of the transactions on Nova: this one went for 0.00000180041 ETH ($0.00). I knew it was cheap, but not that cheap.

With this burn, the supply on the side bar of the sub was decreased from the regular 110M or so to around 107M.

I don't know about you, but I'm excited for the future of Moons and Avatars as well. Reddit is front-running the implementation of crypto in social networks and I'm glad to be early for once!

submitted by /u/reddito321
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