Welcome to the Moon Burn Update for Moon Week 53. In this post we'll take a look at all Moon Burns between August 20th and September 16th.

For the uninitiated Moons are a community and governance token for rCryptoCurrency. They serve many unique purposes such as:

• Earning Moons for participation on the sub. (Yes distributions are back)
• Voting on Community governance for the sub.
• Burning Moons for a special membership.
• Approved entities can burn Moons to engage on the sub in the form of events/amas/others.
• Off-chain earned Moons can be tipped to other Redditors on as an appreciation for their help or contributions.

One of the best ways to keep an eye out for updates about Moons on the sub is to look for Moon Week posts which happen once every 28 days, with the next one scheduled in ~1 week.

Let's talk Moon Burns!

Now that Moons are on both Arbitrum Nova and Arbitrum One, Moons are burned on both chains.

Between September 16th and October 14th:

• 2,607 Moons were burned on Arbitrum Nova in three unique burn events:
• 1,716 Moons were burned on Arbitrum One in nine unique burn events:
• The total number of Moons burned between both chains over the 28 day period is: 4,323 Moons.

The Week 54 Update will be soonish and will include more information on Total Moons burned!

Important note: if you purchase a special membership and are not able to activate it, send a message to mod mail. So we can troubleshoot any issues.