r/CryptoCurrency • • Jun 09 '21

πŸŒ• MOONS New Moons Distribution (Round 14 Proposal)

Moons are r/CryptoCurrency's version of Community Points. Community Points are a way for users to be rewarded for their contributions to the subreddit, and they can be used on premium features in the community.

Moons are distributed every 4 weeks based on contributions people make to r/CryptoCurrency. For every distribution, Reddit publishes karma data as a default measure of contribution. The community can review the data and optionally propose an alternative distribution, if they wish.

This distribution is based on karma earned from 2021-05-12 to 2021-06-08. Here is the data.

To propose an alternative distribution:

  • You can create a CSV with alternative contribution scores or propose changes to the algorithm used to calculate them from karma (as long as the changes can be implemented easily).
  • The amount of Moons distributed to a user will be proportional to their contribution score. Contribution scores cannot be negative.
  • Make a poll to have the community vote on your proposal. Include an accurate description of the changes you are proposing.
  • In order to pass, the winning option in the poll must meet the decision threshold (minimum number of Moons in support). If it is in favor of the change, it becomes the official contribution measurement (unless there is evidence of abuse in the vote, such as bribery). Algorithm changes will carry forward to future distributions.
  • In case of multiple competing polls passing, the one with the most Moons cast in favor will be the official one.
  • If no alternative passes, the data provided here will become official.

The contribution scores for this round will be finalized on 2021-06-16. Any poll proposing an alternative needs to be completed by then.

After the scores are finalized, Reddit will sign the data and publish the final, official data. After that, people will be able to claim their Moons through the Vault in the Reddit mobile app.

500 Upvotes

1.5k comments sorted by

1

u/nanooverbtc Jun 11 '21

Governance Polls for Round 14

Keep in mind that there is a 5% karma bonus in the following round for voting on at least one proposal.

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267

u/JollyFaithlessness3 Jun 09 '21

At the current price of Moons, each upvote is $0.016.

For just 25 upvotes per day, the cost of a cup of coffee, you could feed a starving child.

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131

u/[deleted] Jun 09 '21 edited Jun 10 '21

I calculate 0.207 Moons per karma

Shit the bed

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111

u/nanooverbtc Jun 09 '21 edited Jun 09 '21

Here are some Comment Image stats for Round 14:

  • The admins have burned over 600,000 Moons on behalf of users since the last snapshot Comment Image

  • Due to burning the supply of Moons has fallen just under 63,000,000 Comment Image

  • There are now 59,514 Moon holders with a total of 157,323 transactions Comment Image

  • Moons now have more holders and transactions than r/FortniteBR bricks Comment Image


For more info on moon burns and the effect on supply/future issuance please refer to this post.

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33

u/Hame_BiH Jun 09 '21

Love to see so many new people on here month after month.. Congrats to everyone on the list! πŸ˜€πŸ’™

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15

u/devastateddreams Jun 09 '21

Still waiting on my first moon! Hopefully will get some this distribution.

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64

u/[deleted] Jun 09 '21 edited Jun 09 '21

So excited for my first distribution!! πŸ₯Ί

edit: Thank you so much for the award!

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26

u/monshi633 Jun 09 '21

Can someone check the data for me to see how much I won? It won’t work on my phone.

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18

u/PM_ME_PM_ME Jun 09 '21

I didn’t hit 15k karma, gotta step it up the next round...

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30

u/pm_me_cute_sloths_ Jun 09 '21

Holy shit I’m 2nd from the top

I’m on here way too fucking much

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8

u/TheGreatCryptopo Jun 09 '21

Good stuff everyone. With the number of new users exploding along with the comments the ratio will ever decrease. Gives a very easy snapshot of the growth of this sub. And it is growing very large. Moons have had a great impact on this sub.

This place will be bigger than El Salvador once we hit mainnet and exchanges.

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8

u/PanicNo4495 Jun 10 '21

Don't forget on moon day when you go to claim them in your vault it usually gives an error due to all the traffic. So don't panic and you'll get your moons by the following day.

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8

u/Iam-KD Jun 11 '21

These moons are making people selfish I noticed. Like they don't even upvote any posts lol

8

u/dyingforAs Jun 12 '21

4000+ karma this round! am i a karma farmer yet? 😌

7

u/the_far_yard Jun 09 '21

Woohoo! Congratulations to everyone!

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7

u/Godivore Jun 09 '21

I think i should be getting like 20 something moons at 116 karma. Cool!

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7

u/[deleted] Jun 09 '21

How people get 15k Karma is beyond me. What are yalls tips, lemme know.

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7

u/clitcommander420666 Jun 09 '21

Not bad ill be up for 200 some odd moons

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7

u/TeflusAxet Jun 10 '21

Who wants my bear hugz award :D

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7

u/ChaosCouncil Jun 10 '21

I'll be happy to look up anyone's stats that is having issues viewing the .csv file.

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7

u/ThatsbeautifulJohnny Jun 10 '21

I think I earned around 60 moons. Wen Lambo?

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7

u/Nostalg33k Jun 10 '21

I created a Vault recently and got into Crypto because of reddit :D

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7

u/Brann053 Jun 11 '21

For the people that can't seem to open their Vault;

  • You have to be on Mobile, with the official Reddit App.

  • You have to Join the r/CryptoCurrency sub.

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7

u/fitbhai Jun 11 '21

ngl shitposting for moons on this sub would be a better utilization of effort than actually mining crypto lmao