Moon jelly polyps divide off tiny juvenile jellyfish called ephyra. The juveniles will grow into adults that will spawn. The offspring will settle to the bottom and grow into tiny polyps.
Cnidarians: Moon Jelly Life Cycle
Next Generation Science Standards for this Video
The moon jelly has a life cycle that includes both sexual and asexual reproduction. The moon jelly polyp asexually buds off tiny jellyfish. The adult jellies produce eggs and sperm that unite and produce a polyp.