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 could deposit up to 20,000 HMSTR in Wallet Earn and get daily rewards based on your deposit amount.

Make sure to read the Terms of the Campaign here.

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

The maximum deposit amount was 20,000 HMSTR.

The minimum withdrawal amount for rewards is 1 HMSTR.

Start of campaign: September 24

End of campaign: October 1

Important: the campaign ended on the 1st of October, 2024. This was the last day when you could receive HMSTR bonuses for the previous day.

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 were calculated daily on the remaining deposit balance of your Earn account. They could be withdrawn daily or upon closing the deposit.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 within 7 days after the campaign's end.

Will the reward be credited to my Wallet

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

The rewards I received were different each day. 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 could 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 were the rewards calculated? How can I find out how much I could 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 could I receive if I deposited 10,000 HMSTR on September 27? How do you calculate the reward

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

So in the example above the reward for September 27 would be calculated based on a balance of 0 HMSTR, as the minimum balance on September 26 was 0 HMSTR. The reward for September 28 would be calculated based on the minimum balance on September 27, which was 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.

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.

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

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

The campaign ended on the 1st of October, 2024.

You can return your deposit from the Earn account. 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.

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

No. The campaign ended on the 1st of October, 2024.

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.