đHereâs a simple guide to calculating your $HMSTR rewards:
đ°Step-by-Step Guide to Calculate Your $HMSTR Rewards
đStep 1: Identify Your Eligible Holdings**
- Start by checking your current HMSTR token balance.
- Ensure you meet the minimum holding requirements to qualify for rewards.
đStep 2: Determine the Rewards Rate**
- Find out the current rewards rate (for example, 5% Annual Percentage Yield or APY).
- Consider any special bonuses or promotional rates that might apply.
đStep 3: Compute the Rewards Amount**
- Multiply your eligible HMSTR holdings by the rewards rate.
- For example: If you hold 1,000 HMSTR and the rewards rate is 5%, the calculation would be:
1,000 HMSTR x 5% = 50 HMSTR.
đStep 4: Confirm the Reward Distribution Schedule**
- Review the distribution schedule, which could be daily, weekly, or another frequency.
- Check for any vesting periods or lock-up requirements associated with the rewards.
đExample Calculation:**
- **Eligible Holdings:** 1,000 HMSTR
- **Rewards Rate:** 5% APY
- **Calculated Rewards:** 50 HMSTR
- **Distribution Schedule:** Daily
- **Daily Rewards:** 50 HMSTR Ă· 365 = 0.137 HMSTR per day
đImportant Notes:**
- Rewards rates and distribution schedules are subject to change.
- Always refer to official sources for the latest updates and information.
