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HLM Staking Rewards

HLM Staking Rewards

Stake HLM, Earn HLM

When you stake HLM, you also earn additional HLM on top of the trading fee rewards received in WETH. Staked HLM tokens are auto-compounded for users that wish to just leave their HLM tokens staked.

How many HLM tokens are allocated to HLM stakers?

HLM staking rewards will be earned over 4 phases with differing reward rates, based on a schedule of 6,500 Ethereum blocks per day.
HLM Per Block
HLM Per Day
195,000 blocks (30 days)
164.10 HLM
1,066,667 HLM
1,170,000 blocks (180 days)
53.33 HLM
346,667 HLM
2,340,000 blocks (360 days)
42.74 HLM
277,778 HLM
3,510,000 blocks (540 days)
34.19 HLM
222,222 HLM
4,680,000 blocks (720 days)
21.37 HLM
138,889 HLM
5,850,000 blocks (900 days)
17.09 HLM
111,111 HLM
Staking Rewards Daily Emission

How are the HLM rewards calculated?

User A’s HLM staking rewards per block are calculated by:
HLM staked by User ATotal amount of staked HLM×HLM per block\frac{\text{HLM staked by User A}} {\text{Total amount of staked HLM}} \times \text{HLM per block}
  • User A stakes 10,000 HLM during Phase A
  • The total amount of staked HLM is now 1,000,000 HLM
Based on the above, User A would receive:
10,0001,000,000×189=1.89 HLM per block.\frac{10,000}{1,000,000} \times 189 = 1.89 \text{ HLM per block.}

What does auto-compounding mean?

Pending rewards are often required to be manually staked by users to increase their share of staked tokens. However, this wastes both gas and opportunity costs. As such, HelixMeta has enabled auto-compounding for all users that stake HLM. This means that HLM rewards received from the staked HLM balance are automatically re-staked into the pool (or compounded) to increase the amount of HLM staked.
When users unstake their HLM tokens, the amount of compounded rewards and the original staked amount will be withdrawn to the user’s wallet.