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Over the last twenty days - nearly 18 ETH has been added to Moon Liquidity by Banner Renters and 145,359 Moons have been burned.

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by COINS NEWS 90 Views

Over the last twenty days - nearly 18 ETH has been added to Moon Liquidity by Banner Renters and 145,359 Moons have been burned.

A lot of things have changed for the prospects of Moons since the beginning of 2023, including banner advertisers. By burning Moons, banner renters can advertise on the Subreddit banner. This forces advertisers to burn earned Moons to advertise (E.G. Kraken) or forces advertisers to buy Moons with ETH to advertise (E.G. Nexo).

Just under twenty days ago Nexo purchased the CryptoCurrency Banner for 30 days and burned 68,400 Moons which they purchased with 9.175 ETH. Earlier today a future banner renter (banner renter not yet revealed) burned 76,960 Moons for 30 days of they banner, which they paid 8.42 ETH for.

https://preview.redd.it/phijjvolfxva1.png?1807&format=png&auto=webp&s=c185f018c9c1a376dcd99b221d2b6f6c924b03dd

That means in the past 20 days, banner renters have added almost 18 ETH to Moon Liquidity and burned 145,359 Moons for two months of the banner, as the banner is now booked until June 06th.

You can view the long term Banner information here - which shows the current rental and future rental.

submitted by /u/GabeSter
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