1. Determine Your Eligible Holdings
- Check your balance of HMSTR tokens.
- Ensure that your holdings meet the minimum required amount.
2. Calculate the Rewards Rate
- Look up the current rewards rate, such as 5% annual percentage yield (APY).
- Consider any additional bonuses or promotional rates that may apply.
3. **Calculate Your Rewards Amount**
- Multiply your eligible HMSTR holdings by the rewards rate.
- For example, with 1000 HMSTR tokens at a 5% rate, you would earn 50 HMSTR.
4. **Review the Reward Distribution**
- Confirm how often rewards are distributed (daily, weekly, etc.).
- Be aware of any vesting periods or lock-up terms that might affect 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 most current information.
