TechFlow reports that in the early hours today, the moderator team of Reddit's r/CryptoCurrency subreddit announced that Reddit administrators have officially abandoned the MOON contract and burned the remaining 98,000 MOON tokens.
The community has now ensured that the Moons contract will remain unchanged, meaning Moons will continue to exist on current exchanges without the need to deploy a new token. The total supply cap of MOON tokens remains at approximately 83 million.
The mod team will continue improving features such as membership, governance, and tipping, while also exploring the possibility of restarting distribution. Specific actions will be determined in due course.
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