Liquidity Injection Rewards

Note: The current Rewards System will be active for the first half of year 2024. Expect to have significant changes on H2 2024 with the release of the Smart-Node V2.

Summary

Liquidity Pool (LP) injection rewards are distributed through airdrops, with $HSUITE tokens being airdropped for each position that has been opened for at least 30 days. The Smart Nodes perform daily checks to identify positions that have been active for a minimum of 30 days. Additionally, these nodes verify the timing of the most recent reward airdrop for positions exceeding the 30-day mark, ensuring that the last reward for any NFT was indeed issued more than 30 days prior. This process guarantees timely and accurate reward distribution for LP contributors.

Reward Mechanism

LP injection rewards are distributed through an airdrop, utilizing $HSUITE tokens as the reward currency.

Reward Frequency

These rewards are airdropped every ~30 days.

Important: If you withdraw a position prior to the 30-day period, you forfeit your rewards. If you have successfully passed a 30-day period of your position being opened, please make sure you have received your $HSUITE airdrop prior to closing the position.

Reward Eligibility Assessment

The smart nodes conduct daily assessments to identify eligible positions.

• The position must have been open for a period of at least 30 days.

• For positions open for more than 30 days, the nodes verify the date of the most recent reward airdrop, to ensure at least 30 days have passed from the latest reward airdrop.

Reward Rates (FIXED APR)

• HSUITE/HBAR Pool: 33% APR

• HSUITE/USDC Pool: 22% APR

• HSUITE/SHIBR Pool: 15% APR

• HSUITE/KARATE Pool: 15% APR