Earn HMSTR for HMSTR

Earn HMSTR for HMSTR

This campaign gives you the opportunity to earn up to 300% APY on HMSTR you store in your Wallet Earn account.

You can join by checking the campaign page in Wallet and tapping on ‘Start Earning’. Deposit up to 20,000 HMSTR in Wallet Earn and get daily rewards based on your deposit amount.

If you need help topping up your Wallet, check out the instructions here.

Make sure to read the Terms of the Campaign here.

Rewards will come from a total prize pool of 200,000,000 HMSTR.

Note: the campaign duration also depends on the number of participants. If all the rewards in the prize pool are claimed before the official end date, then we will finish the campaign ahead of the planned date. Once the campaign is closed, you will not be able to earn new rewards.

The maximum deposit amount is 20,000 HMSTR.

The minimum withdrawal amount for rewards is 1 HMSTR.

Start of campaign: September 24

End of campaign: October 1

What regions are not supported for 'Earn HMSTR for HMSTR'

In accordance with the User Agreement, Wallet reserves the right to select markets, jurisdictions, and may restrict some services in countries with perceived risks, at its discretion, or as mandated by laws, authorities, or sanctions.

Thus, Wallet Earn is not available for residents or citizens of the following regions:

Australia, South Africa, Hong Kong, Switzerland, Canada, Austria, Belgium, Bulgaria, Croatia, Czechia, Denmark, Estonia, Finland, France, Hungary, Ireland, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Sweden, Iceland, Liechtenstein, Norway, the United Kingdom of Great Britain and Northern Ireland.

Wallet does not accept customers from the countries which can be found here

When will I receive my rewards

Rewards are calculated daily on the remaining deposit balance of your Earn account. They can be withdrawn daily or upon closing the deposit.

The rewards will be credited in HMSTR to your Wallet balance. You can close the deposit and withdraw the rewards at any moment.

Because HMSTR has not been listed yet, withdrawing your rewards will only become available after the official listing of HMSTR in Wallet on September 26. For more information on the launch, join the Hamster Kombat community in Telegram.

How much can I deposit into my Earn account

You can deposit up to 20 000 HMSTR to your Earn account. 

The minimum deposit amount is 20 HMSTR.

Will the reward be credited to my Wallet

Yes, it will. The reward in HMSTR will go directly to your Wallet account.

The reward I got today is different from yesterday. Why did this happen

The value of HMSTR is volatile and can change drastically based on factors such as market conditions, demand and liquidity.

In case of significant fluctuations in the price of HMSTR, the reward amount may be modified in accordance with our Terms of the Campaign.

What does APY mean

APY (Annual Percentage Yield) refers to the annual rate of return expressed as a percentage. It represents the annual profit you can expect to earn by placing your funds in the HMSTR-HMSTR Earn campaign.

How are the rewards calculated? How can I find out how much I will receive after 1 day or after 7 days

Here are the formulas to calculate your reward:

Example: you deposited 5000 HMSTR to your Earn account. Your reward for 7 days would be calculated as follows: 5000 HMSTR x (300/100) x (7/365) = 287.67 HMSTR.

How much will I receive if I deposit 10,000 HMSTR on September 27? How do you calculate the reward

Reward calculation is based on the minimum deposit balance from the previous calendar day. This means you will start to see rewards accruing one day after your initial deposit.

So in the example above the reward for September 27 will be calculated based on a balance of 0 HMSTR, as the minimum balance on September 26 was 0 HMSTR. The reward for September 28 will be calculated based on the minimum balance on September 27, which is 10,000 HMSTR. In that case the reward would be around 82.19 HMSTR.

If you kept this same amount in your Wallet Earn account, you would continue to earn an additional 82.19 HMSTR (approximately) every day after, until the end of the campaign. If you deposited more HMSTR, you would have a larger daily reward for days that followed.

Do I need to complete verification to start earning rewards

The rewards are calculated right from the moment you open the Earn account. Rewards will accrue whether you have passed verification (KYC) or not.

However, you must successfully pass verification to withdraw rewards from your Earn account. This can be done on the Campaign page by tapping on ‘Proceed with KYC’.

Can I claim my reward without completing verification

No, rewards can be received only after successfully completing Wallet verification. If you fail to complete verification, you will be still able to return your HMSTR deposit from the Earn account to your Wallet – but any HMSTR rewards that you accrued will not be accessible.

I passed verification, but cannot withdraw my rewards. Why

This most likely is due to a low amount of rewards in your Earn account.

The minimum withdrawal amount for rewards is 1 HMSTR. If you have less than 1 HMSTR in your Earn account, consider keeping your deposit until the campaign’s end, so that you could reach the minimum withdrawal amount.

Important: You will not be able to withdraw your rewards, if they are less than 1 HMSTR in total by the campaign’s end.

You will be able to claim the accrued rewards only after HMSTR is officially launched in Wallet on September 26. For more information on the launch, join the Hamster Kombat community in Telegram.

My verification (KYC) was not successful, will I be able to receive rewards? What will happen to my deposit

No, successful verification is mandatory to receive the rewards you accrued, in accordance with the Terms of the Campaign. If you do not pass the verification process, you will still be able to return your HMSTR deposit from the Earn account to your Wallet.

I no longer wish to participate in the campaign, can I still get my rewards

You can return your deposit from the Earn account at any time if you wish to no longer participate in the promotion. To do so, tap ‘Close HMSTR Campaign & Withdraw’. The deposit will be returned to your HMSTR balance in Wallet.

Any rewards you accrued will still be in your Earn account, ready for you to claim. To withdraw your rewards, simply tap ‘Claim Rewards’. After successful verification (KYC), they will be credited to your Wallet.

Please note that the minimum withdrawal amount for rewards is 1 HMSTR. If you have less than 1 HMSTR in your Earn account, consider keeping your deposit until the campaign’s end, so that you could reach the minimum withdrawal amount.

I withdrew funds from the Campaign and closed my Earn account. Can I participate again

Yes, you can participate again. The APY rate may differ if you return outside the current period.

The campaign ended, but I haven't managed to claim my rewards. What will happen to my rewards

You will be able to claim your rewards within 7 days after the campaign's end by tapping ‘Claim Rewards’. If you don't withdraw your rewards until October 8, the accrued rewards will be revoked, and it will not be possible to withdraw them later.

Note: you can withdraw the rewards only if you passed verification before the end of the campaign.