1. Determine Eligible Holdings:
- Check your current HMSTR token balance.
- Make sure you meet the minimum holding requirements.
2. Calculate the Rewards Rate:
- Find out the current rewards rate (e.g., 5% annual percentage yield).
- Take into account any bonus rates or special promotions.
3. Calculate the Rewards Amount:
- Multiply your eligible holdings by the rewards rate.
- For example, if you hold 1000 HMSTR and the rewards rate is 5%, you’d earn 50 HMSTR in rewards.
4. Check the Reward Distribution:
- Confirm the distribution schedule (e.g., daily or weekly).
- Be aware of any vesting or lock-up periods.
Example Calculation:
- Eligible Holdings: 1000 HMSTR
- Rewards Rate: 5% APY
- Rewards Amount: 50 HMSTR
- Distribution Schedule: Daily
To find daily rewards: 50 HMSTR divided by 365 days ≈ 0.137 HMSTR per day.
Keep in Mind:
- Rewards rates and distribution schedules may change.
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