Little tip for Moon Farmers (FOLLOW UP)

Hi, it's me again

Yesterday I posted a tip for Moon Farmers to get a small bit of Ethereum so you can interact with your Moons. (https://www.reddit.com/r/CryptoCurrency/comments/11xjctm/tip_for_all_moon_farmers/). It came to my attention that even the most experienced Moon farmers were not familiar with this tip. Also, there were over 100 (of 400) messages of new Moon farmers barely knowing anything about the project. Therefor, I wanted to write a post for some tips and tricks.

What are Moons?

This is for the 100 (or so) people just started. Moons is a governance token from the r/CryptoCurrency subreddit. It's on the Arbitrum Nova chain, which is an L2 build on the Ethereum blockchain. An L2 is is easy easy easy words a blockchain build on another blockchain to reduce fees and costs to interact.

As you might see on the top of the Reddit you'll see an advertisement banner. In order to advertise (or do AMA's) here you can buy Moons and burn them. What.. burning? It works sorta like a stock buyback what companies do. There is x amount of Moons, when they get burned they'll disappear thus making your piece of pie more valuable.

How do you get Moons?

This is also for the 100 (or so) people mentioned above. You simply get them by interacting in this sub. By getting upvotes and awards you get Karma. Based on the amount of Karma you amass you'll get Moons every 28 days.

Before you start farming, go to setting and click Vault. Open the Vault and go to the settings (within the Vault), click recovery phrase and write the 12 words on a sturdy piece of paper. Why you may ask? In case you loose acces to your Reddit account you can still acces your means? How you may ask? They are stored on the blockchain and not on Reddit, so the Vault is essentially a gateway to interact with your wallet.

If you head over to ccmoons.com you'll see 2 important dates:

- Snapshot: the day you'll find out how much Karma you've earned this month

- Distribution date: The day your Moons get delivered to your Vault (this is tonight! Happy Distribution day!!!)

How are they distributed you may ask? Quite simple actually, amount of Moons to be distributed divided by the amount of Karma earned in the month. Every month x amount of Moons gets distributed which is declining every month -> 40% goes to the Reddit tank, 10% to our hard working mods and 50% are distributed for us Moon Farmers.

Information for the more seasoned farmers to amass more Moons

This information is for the 150 (or so) newer Moon farmers wanting to amass more Moons.

What to look out for when making a post:

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- When posting a COMEDY post you'll only get 0.1x the Moons per Karma! (CCIP-004)

- When posting a link post, such as a newspost you see all the time, you'll only get 0.5x the Moons per Karma earned. (CCIP-038)

- When posting a SERIOUS flare, you'll earn 2x the Moons per Karma earned. (CCIP-041)

Now before you post everything with a SERIOUS flare. Per flare there are rules so you can't simply upload anything under a SERIOUS flag.

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BONUS

Moons are governance tokens, which means that you have a say on the trajectory of this subreddit. Every months there are polls on which you can vote with your Moons for new implications. For every poll you vote on you get 5% extra Moons! Usually there are for 4 polls thus you can earn 20% Moons simply for participating in these polls

Type in the search bar GOVERNANCE and/or CCIP

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25% RULE

Yesterday a kind Redditor donating many Moons to other Redditors didn't know this fact so here it is. Holding your Moons gets you a multiplier or 1.0. When selling, transferring or donating more than 25% of your Moon holdings (every month) you'll get a penalty and thus receive less Moons per Karma next distribution. So, do whatever you want with your moons but keep atleast 75% every month!

You can also upload memes to r/cryptocurrencymemes and might be rewarded with Moons for your contribution (CCIP-005)

One last thing: you'll need to ATLEAST earned 10 karma to be eligible to receive Moons that month (CCIP-031).

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Interacting with your Moons

There are a couple of ways to interact with your hard earned Moons. BUT, before you do you need Ethereum to move them around. You can either send it yourself but since Arbitrum is a L2 it's bit of a hassle. There is an easier way but it's done out of the pocket of some enthousiast so don't misuse it.

1. Go to r/CryptoCurrencyMoons, go to any post and type !gas nova -> You'll receive a bit of gas to do roughly 9-10 transactions
2. Go to https://novafaucet.com/, type in your username and adress and the same happens.

Now that you have gas to interact, what can you do? (Don't forget the 25% rule mentioned above)

1. Sell (or swap), you could ofcourse sell your Moons. Send Moons to a DEX or CEX and sell them.
2. Provide liquidity, send some Moons to Sushiswap and provide to the MOONS/ETH liquidity pool for a bit of extra APY.
3. Tip, you can tip a Moon or two to posts or comments which you find funny, good or informative. You reward good behaviour thus incentivising people to provide useful content! It's done quite easy, go to a post or comment and press the 3 dots.
4. Reddit Coins, a less populair way to spend your Moons is interacting with Reddit itself. You can spend your Moons on a r/cryptocurrency special membership which is like 450 Moons a month.
5. Governance, do what they are meant for, vote on the future on this subreddit.

The future for Moons is bright so more use-cases might follow!

Enjoy

Moons is a new project, it doesn't have a roadmap or whitepaper. To help better the sub it's future head to r/CryptoCurrencyMeta and put polls on what changes you like to see happen

I hope you new Moons farmers now have better picture of what Moons are and how to earn them. For a better source of information type in Google: Moons Wiki Reddit. There you'll find most information said above more detailled.

For the seasoned farmers: hope you learned some tips so you can maximise your Moon farming!

Much love u/plusfall5285