HMSTR Staking Campaign: The launch of the HMSTR staking campaign offers participants a fantastic opportunity to earn rewards while supporting the ecosystem. With the potential to earn up to 300% APY, this campaign invites you to store your HMSTR tokens in your Wallet Earn account and enjoy daily rewards. Here’s everything you need to know to make the most of this exciting event!
Key Takeaways:
- High APY Rewards: Earn up to 300% APY on HMSTR deposits, with a 200 million HMSTR prize pool available.
- Flexible Deposits: Deposit anywhere from 20 HMSTR to 20,000 HMSTR, giving you the flexibility to participate at your preferred level.
- Instant Accessibility: Rewards are credited daily and can be withdrawn once HMSTR is officially listed on September 26.
Campaign Overview:
The HMSTR staking campaign runs from September 24 to October 1, 2024. During this period, participants can earn daily rewards based on their deposit amount. To join, visit the campaign page in your Wallet and tap “Start Earning.”
Deposit Guidelines:
- Minimum Deposit: 20 HMSTR
- Maximum Deposit: 20,000 HMSTR
- Withdrawal Minimum: 1 HMSTR for rewards
How Rewards Are Calculated:
Rewards are calculated daily on your remaining deposit balance. For example, if you deposit 5,000 HMSTR, your reward for seven days would be approximately 287.67 HMSTR. Rewards will be credited after the official HMSTR launch.
Verification Requirements:
To claim your rewards, you must complete the KYC verification process. While rewards accrue regardless of your verification status, you must pass KYC to withdraw them. If you choose to withdraw your deposit early, you can do so without penalty, but unclaimed rewards will remain in your Earn account.
Important Notes:
- The campaign may end earlier if the prize pool is fully claimed before October 1.
- If you withdraw your deposit before the campaign ends, you can still claim accrued rewards, provided they exceed 1 HMSTR.
- Rewards must be claimed within seven days after the campaign ends.