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The more upvotes you get, the more MOONS (a cryptocurrency token) at the end of the month you get
These MOONS are tokens on the Rinkeby Test Network, not the main Ethereum blockchain
Now time to convert these MOONS to Ethereum, Bitcoin, fiat etc
Please note that I am not responsible for any loss of funds beyond this point to proceed with caution!!!
You will want to link your reddit MOONS account to a Metamask account
Download Metamask if you haven't already (it's a Chrome app)
Find out the seed phrase for your Reddit Moons Wallet (don't share this with anyone and keep it safe!). Do this by opening the reddit app and clicking on 'Vault' on the left hand menu
Then click the three little dots next to Vault (at the top)
Now click Recovery Phrase
Write this down with pen and paper
Now open Metamask and import your seed phrase to link the account (Note that your MOONS will probably not appear yet, will get to that later)
Next up we are going to want to go to the exchange where we can swap our MOON tokens for Eth (although it is not as straightforward a process as you might think)
You will see that this exchange has three sections. The first allows us to exchange MOONS (on the Rinkeby blockchain) to XMOONS (on the XDai blockchain, where Gas fees are paid in XDai rather than Eth). The second section allows us to exchange XMOONS for XDai. The third section allows us to exchange XDai for good old fashioned Ethereum (on the actual Ethereum blockchain).
Before we get started with any exchanging, we need to configure metamask a bit.
First up we are going to make Metamask show the MOONS that we have. To do this, change the network from 'Main Ethereum Network' to 'Rinkeby Test Network' at the top dropdown menu. Now click 'Add Token' and custom token. Now input the following:
Still with me? Now we are going to get to exchanging
Switch metamask back to Rinkeby Test Network and on xmoon.exchange click 'connect' and follow the instructions shown on metamask
We are also going to need some Rinkeby Ethereum (don't worry it's free since its just a test network, go to https://faucet.rinkeby.io/ to get some (don't need much)
Now click MOON to xMOON and convert the amount you want to!
This process can take quite a while (took me 30 mins) so grab a coffee
To check if you have xMOONs now, change your metamask over to xDai network
Next we want to convert these xMoon's into xDai, however, we have to have some xDai in there in the first place to pay for the gas (remember that this xDai blockchain uses xDai to pay for gas not Eth!). To do this, buy some Dai (20 USD should do) in your favourite way (normal exchange, DeFi, etc.) and transfer it to your Metamask account Eth account (ON THE MAIN ETHEREUM BLOCKCHAIN, DON'T USE RINKEBY!). Also transfer around 10 USD worth of Eth to your metamask to cover any gas fees on the Main Ethereum Blockchain side of things.
Great, now while keeping Metamask on the Main Ethereum Blockchain, click DAI to xDAI and convert around10-20 USD.
Once this xDai has shown up (again could take a while), switch metamask back over to xDai blockchain and click xMOON to xDai (this should be fairly quick)
Now click xDai to Dai (might take a while again, don't panic like I did!)
You should now have Dai on the Ethereum blockchain held in your metamask (which you can see once you switch metamask back over to Main Ethereum)
Feel free now to do with the Dai whatever you wish! Send to an exchange and swap to BTC or Eth, keep a hold of in metamask etc etc
Please feel free to offer comments and corrections in the comments :) Edit 1: Typo fix!
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