Step 1: Determine Eligible Holdings
- Review your HMSTR token balance.
- Confirm that you meet the minimum holding requirements.
Step 2: Calculate the Rewards Rate
- Find the current rewards rate (for example, 5% annual percentage yield).
- Take into account any additional bonus rates or ongoing promotions.
Step 3: Calculate the Rewards Amount
- Multiply your eligible holdings by the rewards rate.
- For instance, if you hold 1000 HMSTR tokens at a 5% rate, your rewards would be 50 HMSTR.
Step 4: Review the Reward Distribution
- Check the schedule for when rewards are distributed (e.g., daily or weekly).
- Understand any applicable vesting periods or lock-up terms.
Example Calculation:
- Eligible Holdings: 1000 HMSTR
- Rewards Rate: 5% APY
- Rewards Amount: 50 HMSTR
- Distribution Schedule: Daily
Daily Rewards: 50 HMSTR / 365 ≈ 0.137 HMSTR per day
Important Notes:
- Rewards rates and distribution schedules may change.
- Always refer to official sources for the latest information.