For all the new moonies

You can only get moons from posts and comments in this subreddit.

Moons come out every 28 days, we are going on the 16th cycle. You generate them by posting or commenting. Upvotes generate you around .207 ish moon per +vote for the 14th cycle (it changes every cycle), 15th cycle was .304 ish moons per +vote. As to weight of upvotes comment karma counts twice as much as post karma upvote in relation to per moon received.

Also once you get past your first cycle If you hold the moons you received, you get a 20% bonus for your next cycle (this does not compound and the bonus is based on what you get each cycle, to total moons earned). You also get an extra 5% if you vote in a governance poll during the cycle.

Moons are at its core, a form of governance token. Anyone can create a poll provided its feasible to execute if passed, your vote is weighed according to the amount of moons earned, bought moons do not count towards one's voting weight. Moons can also be used as a tip to show appreciation, or buy special membership to subreddit. This allows you colorful name and badges along with the privilege of posting GIF comments, this costs 1000 moons per month. Part of the moons used to purchase subreddit memberships are burned, and another part of that is redistributed to the pot for the next moon cycle. There is a total of 250 million Moons, 2.5% are released each cycle.

They run on the Rinkby ethereum testnet, gas fees are non existent and since its testnet its also pretty useless, which is good for us because otherwise we would have to spend money to claim moons. Rumour has it we will move to mainnet or maybe even another blockchain network will house us with cheaper fees (the latter is my my personal armchair speculation). Please look into the outcome of the great reddit bake off (something to do with scaling) for more info on moons moving to mainnet. Arbitum has been selected by Admins to facilitate moon migration to mainnet as of 22.07.2021

They are dropped to your vault, in order to make a vault you must download the reddit official app and create it from there. Even if you dont have a vault and have commented and received upvotes you can still claim backdated moons, however you must claim your moons within 6 months of them being allocated to you (to do this go to your vault during distribution day, or for backdated moons any time since their distribution to you), failure to do so will see them being burned, they dont go back to orbit but are burned for good. EDIT: moons will be auto deposited now,.

Exchange will probably list us in the future at one point. Kraken has a info page on moons, which is a bullish sign. You can check their price on CoinGecko or coin market cap. For a hit of hopium, You can also see their potential price based on future market cap on coinperspective

If you want to buy moons. Celesti is a straight foward way to buy/sell with XLM, or moonswap for BUSD. There are other ways to buy/sell using xdai and honeyswap. There are some helpful posts on buying and selling if you look through the search feature, or the main body post of the daily discussion.

Now that I have set the scene, the question is how do I earn them? Pragmatic methods are helping new people, just engaging with people, maybe asking someone a question and the ensuing conversation generates upvotes because people enjoy what they are reading. Or you can hypothesize ideas for original content and post them or comment them. The daily discussion is the best place to start. The mood is generally upbeat and is a great place to ask

I’d also recommend you keep your phrase for your vault safe, written down, hidden away, and backed up. That way even if you lose access to your reddit account you can still get your precious moons back.