Here's a breakdown of how to calculate your $HMSTR rewards:
Step 1: Determine Eligible Holdings
- Check your HMSTR token balance.
- Ensure you meet the minimum holding requirements.
Step 2: Calculate Rewards Rate
- Check the current rewards rate (e.g., 5% APY).
- Consider any bonus rates or promotions.
Step 3: Calculate Rewards Amount
- Multiply your eligible holdings by the rewards rate.
- Example: 1000 HMSTR x 5% = 50 HMSTR rewards.
Step 4: Check Reward Distribution
- Verify the reward distribution schedule (e.g., daily, weekly).
- Ensure you understand 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: 50 HMSTR / 365 ≈ 0.137 HMSTR per day
Keep in mind:
- Rewards rates and distribution schedules may change.
- Always check official sources for updates..
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