Step 1: Determine Eligible Holdings
- Check your HMSTR token balance.
- Ensure you meet the minimum holding requirements.
### Step 2: Calculate Rewards Rate
- Look up the current rewards rate (e.g., 5% APY).
- Note any bonus rates or promotions that apply.
### Step 3: Calculate Rewards Amount
- Multiply your eligible holdings by the rewards rate.
- Example: If you have 1000 HMSTR at a 5% rate:
\( 1000 \, \text{HMSTR} \times 0.05 = 50 \, \text{HMSTR rewards} \)
### Step 4: Check Reward Distribution
- Confirm the reward distribution schedule (e.g., daily, 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
Daily Rewards: \( \frac{50 \, \text{HMSTR}}{365} \approx 0.137 \, \text{HMSTR per day} \)
### Keep in Mind:
- Rewards rates and schedules may change, so always check official sources for the latest updates.