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Over 67,000 Moons Burned This Week! ????

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by COINS NEWS 141 Views

Hey all,

I've been exploring the Arbiscan API to gather some insights about Moon burning activity, and here's what I found:

This Week

27 Feb - 03 Mar

This week, 67,399 Moons were burned in 20 different transactions. Of those, 99.69% (67,191 Moons) were burned for AMAs/Banner Rent, and 0.31% (208 Moons) were used for purchasing Special Memberships/Reddit Coins.

The burn rate this week is approximately 401.18 Moons/hour or 9,628.43 Moons/day. The largest transaction burned 30,000 Moons, which represents 44.51% of the weekly total.

This Round

15 Feb - 27 Mar

Since the last snapshot, 76,835 Moons were burned in 81 different transactions. Around 4,822 Moons will be reintroduced in the next round (so far), and 72,013 Moons are permanently removed from circulation.

Other Time Frames

Relative to today

Time Frame ???? Moons
15 days 70,247
1 month 4,937,550
3 months 6,008,553
6 months 6,121,929
All 6,150,182

It's worth noting that the large jump between 15 days and 1 month is due to the burning of 4.7M Moons from the Rinkeby testnet.

Let me know if you find this kind of information interesting and I'll try to bring it more often!

EDIT: Data excluding the burned Moons from Rinkeby bridge

Time Frame ???? Moons
15 days 70,247
1 month 185,502
3 months 1,256,505
6 months 1,369,881
All 1,398,134
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