Unlock extra days of bonus for hodling
1. Meet the Requirements
2. Choose a Tier
3. Stake your Planets
Starting from February 1st, 2023, a Hodler pool will be created with a budget of 365M Planets(PER PW:GOV#5)
The amount will be split into 365 days to fund a daily bonus pool of 1M Planets
To join this program, you must meet the following requirements:
All your participating devices are transmitting more than 50% of the expected daily data streams and comply with PlanetWatch’s device placement rules.
You did NOT receive a license refund on or after November 15, 2022. PlanetWatchers who did are not eligible for the Holder Program.
In case you want to use your type 1 or 2 to join the program, it must be the lead device
(page 52 of White Paper).
Starting from February 1st, 2023, the
eligibility of each participating device will be checked daily -
qualifying and lead status as well as the Planet balance in the staking
wallet (explained further in the section below).
If you are compliant with the above requirements, you can pick one of the different tiers for each participating device: Diamond, Gold, or Silver.
These are subject to a minimum Planet balance in the staking wallet that you must assure at all times from the moment you join the program.
Balance requirements are specified in the table below:
The higher the amount of Planets staked, the bigger the bonus.
Participating devices will be entitled to a number of bonus distribution shares per day according to the table below:
The daily bonus budget of one million Planets will then be split across the total number of distribution shares and allocated to eligible devices based on the number of shares held.
The maximum distribution of a share is limited to
- e.g.: a Diamond Type 1 device owner will get a maximum of
1.330 bonus Planets per day
(35 shares x 38 Planets).
If the collective shares are not using the total daily budget of one million Planets, the unspent number of Planets will be
Add/Choose a staking wallet in the MyWallet section in the Explorer
Open the HODLER program section and select the device(s)
Select a staking tier for each device
Transfer the required Planets to the selected wallet
During this process, you will learn the exact number of Planets that you will need to have on your wallet based on the selected devices and respective tiers.
Now is the time to join the HODLER program in case you haven’t already!
Scroll up to check if you meet the requirements, select a tier and start staking your Planets
Thinking about purchasing a new device to join?
Make sure you comply with the following criteria to claim your extra HODLER bonus rewards:
The number of Planets tied to the bonus rewards can vary among your different participating devices based on their staking tiers.
These extra HODLER bonus rewards will only be issued at the very end of the program - February 2025. All unclaimed bonus rewards will be burned.
The budget sustaining this campaign comes from the 200M Planets allocated to marketing and management activities as voted in PW:GOV#5.