Moons are about to get a whole bunch of Farming Rewards on Arbitrum One.

As you've probably seen in the recent announcements Moons are going to be available on One and are going to be partnering with both Celer and Camelot.

• Celer will work with pooled Moons on One/Nova for a near instantaneous bridge + Rewards for Bridge liquidity providers
  • 285,000 Celer tokens will be distributed over the first 60 days the bridge is live.
• Camelot is the #1 Dex on Arbitrum and they will be providing DEX rewards - however the exact amount hasn't been announced.

Importantly these open up new farming opportunities for Moon holders something that we haven't had since Sushi rewards were put on hold when distributions ended.

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Celer in particular offers a unique way to earn rewards with 0 impermanent loss for Moon Holders, how it works is you provide bridge liquidity and since you aren't trading Moons for another asset you don't have imperm loss - you just farm fees from people bridging their Moons between Nova/One + the additional Celer rewards.

Alternatively users can provide DEX liquidity on Camelot to earn rewards but again the exact value hasn't been announced. This farming option is subject to impermanent loss as you're putting your assets to trade on a DEX.

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It's important to note that neither option is 100% "risk free" - whenever Moons leave your wallet whether that's; moving Moons to an exchange like Kraken, providing bridge liquidity, or providing Dex liquidity - there is a 3rd party risk when a 3rd party holds your Moons.

Regardless new utility for Moons on One could definitely make things interesting.

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In the next few days once they go live - I'll try my best to make guides for how to take advantage of these different farming options.