Step-by-Step Guide to Calculate $HMSTR Rewards:
Step 1: Check Your HMSTR Balance
Ensure you hold the minimum required amount of HMSTR tokens.
Step 2: Find the Current Rewards Rate
Check the current annual percentage yield (APY) for rewards (e.g., 5% APY).
Consider any bonuses or promotions that could increase this rate.
Step 3: Calculate Your Rewards
Multiply your eligible HMSTR tokens by the rewards rate.
Example: If you hold 1000 HMSTR and the rate is 5% APY, you'll earn 50 HMSTR in rewards over the year.
Step 4: Check How Rewards Are Distributed
Look at the reward distribution schedule (e.g., daily or weekly).
Be aware of any vesting periods or lock-ups.
Example Calculation:
Holdings: 1000 HMSTR
Rewards Rate: 5% APY
Total Annual Rewards: 1000 x 5% = 50 HMSTR
Daily Rewards: 50 HMSTR ÷ 365 = ~0.137 HMSTR/day
Important:
Rewards rates and schedules can change, so check for updates regularly.
This format makes it easy to follow!