10-07-2020, 06:55 AM
PSA regarding MOON distribution tomorrow 10/7/2020
<!-- SC_OFF --><div class="md"><h1>DO NOT MAKE A SECOND VAULT, EVEN IF IT IS ON A SEPARATE DEVICE</h1> <p>If you make a second reddit vault it overrides the first one and you have to restore from backup to recover the original vault. That wouldn’t be so bad if you properly backed up your vault, however I have seen multiple people say they didn’t or they can’t remember their password. Their coins are gone and reddit likely can’t do anything to retrieve them.</p> <p><em>Please take a few minutes to ensure you’ve backed it up properly.</em></p> <p><em>To do so go to Vault->three dots at the top left->backup/recovery phrase</em></p> <p><strong>Round 5 distribution</strong></p> <p>Round 5 distribution will be sent out tomorrow, and in previous rounds not everybody has claimed their moons. You need to have your vault set up, then navigate to your vault after the distribution is sent and click on “claim moons”.</p> <p><a href="https://np.reddit.com/r/CryptoCurrency/comments/j2wq4g/new_moons_distribution_round_5_proposal/?utm_source=share&amp;utm_medium=ios_app&amp;utm_name=iossmf">You can download the CSV and see your score here.</a></p> <p>Based on the total karma and the amount of moons to be distributed each karma works out to ~?8-9 . If you received 100 karma, you should expect ~?800-900 </p> <p><strong>Vault Setup</strong></p> <p>To earn/store moons you will need to download the reddit mobile app and set up your vault (click on your icon at the top left of the home page, go to vault, then setup new vault & record your passphrase). <a href="https://www.np.reddit.com/r/CryptoCurrency/comments/i8kj2m/moons_announcement_now_you_can_use_your_moons_on/?utm_source=share&amp;utm_medium=ios_app&amp;utm_name=iossmf">Then you can login to your vault on web once it’s set up.</a></p> <p><strong>2FA</strong></p> <p>If you haven’t done so already, set up 2FA on your reddit account ASAP. Mods are already required to have it enabled as it’s that’s important. </p> <p>Make sure your recovery email is valid and check that your password is good and 2FA is set up. </p> <p><strong>Issuance</strong></p> <p>The issuance is scheduled to be 5,000,000 per month dropping 2.5% each month until a max supply of 250,000,000 is hit (including burned moons). Reddit keeps 30%, the mods get 10%, and 10% is reserved for the broader reddit community with the remaining 50% being distributed to contributors.</p> </div><!-- SC_ON --> Kind Regards R
<!-- SC_OFF --><div class="md"><h1>DO NOT MAKE A SECOND VAULT, EVEN IF IT IS ON A SEPARATE DEVICE</h1> <p>If you make a second reddit vault it overrides the first one and you have to restore from backup to recover the original vault. That wouldn’t be so bad if you properly backed up your vault, however I have seen multiple people say they didn’t or they can’t remember their password. Their coins are gone and reddit likely can’t do anything to retrieve them.</p> <p><em>Please take a few minutes to ensure you’ve backed it up properly.</em></p> <p><em>To do so go to Vault->three dots at the top left->backup/recovery phrase</em></p> <p><strong>Round 5 distribution</strong></p> <p>Round 5 distribution will be sent out tomorrow, and in previous rounds not everybody has claimed their moons. You need to have your vault set up, then navigate to your vault after the distribution is sent and click on “claim moons”.</p> <p><a href="https://np.reddit.com/r/CryptoCurrency/comments/j2wq4g/new_moons_distribution_round_5_proposal/?utm_source=share&amp;utm_medium=ios_app&amp;utm_name=iossmf">You can download the CSV and see your score here.</a></p> <p>Based on the total karma and the amount of moons to be distributed each karma works out to ~?8-9 . If you received 100 karma, you should expect ~?800-900 </p> <p><strong>Vault Setup</strong></p> <p>To earn/store moons you will need to download the reddit mobile app and set up your vault (click on your icon at the top left of the home page, go to vault, then setup new vault & record your passphrase). <a href="https://www.np.reddit.com/r/CryptoCurrency/comments/i8kj2m/moons_announcement_now_you_can_use_your_moons_on/?utm_source=share&amp;utm_medium=ios_app&amp;utm_name=iossmf">Then you can login to your vault on web once it’s set up.</a></p> <p><strong>2FA</strong></p> <p>If you haven’t done so already, set up 2FA on your reddit account ASAP. Mods are already required to have it enabled as it’s that’s important. </p> <p>Make sure your recovery email is valid and check that your password is good and 2FA is set up. </p> <p><strong>Issuance</strong></p> <p>The issuance is scheduled to be 5,000,000 per month dropping 2.5% each month until a max supply of 250,000,000 is hit (including burned moons). Reddit keeps 30%, the mods get 10%, and 10% is reserved for the broader reddit community with the remaining 50% being distributed to contributors.</p> </div><!-- SC_ON --> Kind Regards R