1. Determine Your Eligible Holdings:
- Verify your balance of HMSTR tokens.
- Ensure that your holdings meet the minimum required threshold.
2. **Calculate the Rewards Rate:**
- Find the current rewards rate, such as 5% annual percentage yield (APY).
- Take into account any bonus rates or promotional offers that may be available.
3. **Calculate Your Rewards Amount:**
- Multiply your eligible HMSTR holdings by the rewards rate.
- For instance, if you have 1000 HMSTR tokens at a 5% rate, you would earn 50 HMSTR.
4. **Review the Reward Distribution:**
- Check how frequently rewards are distributed (daily, weekly, etc.).
- Understand any vesting periods or lock-up terms that may apply to 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 are subject to change.
- Always refer to official sources for the most up-to-date information.