https://preview.redd.it/as7cwaeeqmhc1.png?width=330&format=png&auto=webp&s=7f64dbd934015dffce23bf07fc151bdd1b3aadae
Excited to announce that Celer has decided to support Moons, allowing users to bridge their Moons to Arbitrum one!
The bridge will go live by March 20, 2024 and will be multidirectional, meaning users can bridge Moons from nova to one and from one to nova.
Reasons to bridge
- There is significantly more liquidity on Arbitrum one ($2.76b TVL) compared to Arbitrum nova ($30m TVL)
- As Arbitrum nova is not currently a popular chain there exists the possibility of shutdown in the future
- There are a plethora of DeFi applications on Arbitrum one that Moons could be incorporated into that do not exist on nova
- Arbitrum one has support for multisig, which could be beneficial for community funds held in u/TheMoonDistributor
Moons distributions
https://preview.redd.it/r3faw0w3qmhc1.png?width=167&format=png&auto=webp&s=ed66aeb8a72cfdab3913d0d0f1a9370fc87a5efe
Moons distributions and tipping will still occur on nova in order to keep gas fees low. Gas fees on Arbitrum one can be significantly higher and more volatile than nova, but still they are much more manageable compared to mainnet gas fees.
Governance
https://preview.redd.it/q783403xqmhc1.png?width=240&format=png&auto=webp&s=8a4b5f948f89450356b6e2457fb99c96c342e3dd
Moons bridged to Arbitrum one will retain full voting power in snapshot. Users with Moons on both networks in one wallet can simply connect and vote with their full balance. If the Moons are held in different wallets on different networks then both wallets can be connected and vote with their respective balances.
We thank you for your patience as we continue to develop utility, partnerships and expansion of the Moons ecosystem.
Thank you Celer!
This is BIG !
Good news everyone
a great new Playground
Thanks for your work and professionalism.
Moon distributions are back?
Astonished at this Phoenix revival! Incredible work!
This is great news for us moving forward.
How will this affect the CeX listing?
Progress being made, great job!
Good update
Wow nice
Great news, thanks to Celer and Mod team.
Well done all involved. Great to see Moons as a project continuing to be active.
This is good news, thanks mods
Great I have 4
Definitely never touch this toxic garbage, or you will deserve what happens.
Well, Arb is definitely getting all the attention from these chains
Great news!! I see some awesome work has been going on behind the scenes
Celr my 3rd largest holding 💪 love it!
Great news, as we wait for distributions to start again!
Future’s exciting for Moons
Awesome!
Celer is EVERYWHERE. I see them pop up working with projects all the times.
I believe they just worked on a bridge for Oasis and their new DEX.
Great team.
Rip Arbitrum nova.
No need to use that since it was designed for reddit RCPs
>multidirectional, meaning users can bridge Moons from nova to one and from one to nova.
How is that multi, and not bi?
What the heck is up with moons, I thought they went away, but now are back? I haven’t paid attention but I see my profile shows them by my comments, but they aren’t shown in the vault anymore.
Wahoooooo
How to get moons
You mean – Arbitrum Fun
Now this is major!
Big thanks to everyone that made this happen, Arbitrum is the place we were always supposed to be at anyway.
Did y’all talk to kraken to add arb one for moons?
Do I need to do anything to my moons?
Why not polygon? Avatars are already the, most of the RCCs like cones and buckets are already there. I don’t want to add one more network just for this one coin.
So no need to bridge my moons from abitrum nova to arbitrum one? If ever i sell?
Just wonder why MOON was on Nova at first place
These are unexpected and huge news! I think being available in ARB is great.
Future is bright!
What about eth in Nova ? Would that be transferrable as will?
Moons 2.0 on Arbitrum would have been much better…
What if Nova gets shut down in the future, will the bridged Moons stay and become the “real” moons?
Can someone explain to me what this means?