Here’s how to figure out your HMSTR rewards:
1. Determine Your Eligible Holdings:
- Check how many HMSTR tokens you currently hold.
- Make sure your holdings meet the required minimum.
2. Calculate the Rewards Rate:
- Look up the current rewards rate, such as 5% annual percentage yield (APY).
- Consider any additional bonus rates or promotional offers that might apply.
3. Calculate Your Rewards Amount:
- Multiply your eligible HMSTR holdings by the rewards rate.
- For example, with 1000 HMSTR tokens and a 5% rate, your rewards would be 50 HMSTR.
4. Review the Reward Distribution:
- Check how often rewards are distributed (daily, weekly, etc.).
- Be aware of any vesting periods or lock-up terms associated with your rewards.
Example Calculation:
- Eligible Holdings: 1000 HMSTR
- Rewards Rate: 5% APY
- Rewards Amount: 50 HMSTR
- Distribution Schedule: Daily
Daily Rewards: 50 HMSTR divided by 365 ≈ 0.137 HMSTR per day
Important Considerations:
- Rewards rates and distribution schedules can change.
- Always check official sources for the latest information.