07-10-2021, 01:19 AM
The hardcap of 250 million moons will never be reached
<!-- SC_OFF --><div class="md"><p>Many of us (myself included) assumed that distribution would continue until the hardcap was reached, but this is incorrect. The monthly distribution is on a predetermined schedule that drops a fixed 2.5% each round and doesn’t take claim activity into account, and all claims expire after 6 months. </p> <p>Two users (<a href="/u/iNstein">u/iNstein</a> <a href="/u/mellon98">u/mellon98</a>) recently reached out on this issue so we asked the admins for clarification. They confirmed unclaimed moons are considered <strong>permanently lost</strong> and will never re-enter orbit or count towards total supply. Because of this the theoretical supply cap of 250 million will never be hit. </p> <p>Currently ~45 million moons have gone unclaimed. The orbiting supply is close to 65 million but the total available to claim at this point is ~110 million.</p> <p>Shoutout to <a href="/u/IHaventEvenGotADog">u/IHaventEvenGotADog</a> for noticing the discrepancy in <a href="https://np.reddit.com/r/CryptoCurrency/comments/mp0vfx/i_ran_the_moon_numbers_can_someone_check_because/?utm_source=share&utm_medium=ios_app&utm_name=iossmf">this post</a> with detailed spreadsheets three months ago. <a href="https://rinkeby.etherscan.io/tx/0xf912b3d9a7ca389d9c9f6210efa1d36af4eecb345cb49d102334485561080841">+250 moons for your effort</a></p> <hr/> <p>I’m going to use this opportunity to propose we refer to the circulating supply of moons as the “orbiting supply”</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/nanooverbtc"> /u/nanooverbtc </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/ogl2vw/the_hardcap_of_250_million_moons_will_never_be/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/ogl2vw/the_hardcap_of_250_million_moons_will_never_be/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Many of us (myself included) assumed that distribution would continue until the hardcap was reached, but this is incorrect. The monthly distribution is on a predetermined schedule that drops a fixed 2.5% each round and doesn’t take claim activity into account, and all claims expire after 6 months. </p> <p>Two users (<a href="/u/iNstein">u/iNstein</a> <a href="/u/mellon98">u/mellon98</a>) recently reached out on this issue so we asked the admins for clarification. They confirmed unclaimed moons are considered <strong>permanently lost</strong> and will never re-enter orbit or count towards total supply. Because of this the theoretical supply cap of 250 million will never be hit. </p> <p>Currently ~45 million moons have gone unclaimed. The orbiting supply is close to 65 million but the total available to claim at this point is ~110 million.</p> <p>Shoutout to <a href="/u/IHaventEvenGotADog">u/IHaventEvenGotADog</a> for noticing the discrepancy in <a href="https://np.reddit.com/r/CryptoCurrency/comments/mp0vfx/i_ran_the_moon_numbers_can_someone_check_because/?utm_source=share&utm_medium=ios_app&utm_name=iossmf">this post</a> with detailed spreadsheets three months ago. <a href="https://rinkeby.etherscan.io/tx/0xf912b3d9a7ca389d9c9f6210efa1d36af4eecb345cb49d102334485561080841">+250 moons for your effort</a></p> <hr/> <p>I’m going to use this opportunity to propose we refer to the circulating supply of moons as the “orbiting supply”</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/nanooverbtc"> /u/nanooverbtc </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/ogl2vw/the_hardcap_of_250_million_moons_will_never_be/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/ogl2vw/the_hardcap_of_250_million_moons_will_never_be/">[comments]</a></span>Kind Regards R