Example of activities for earning HSM token

We’ll take the HashMix Lending Incentive Program July 16 2021 as an example:

HashMix Lending product has been live for about ten days and runs smoothly. There is approximately 75,000 FIL in the lending pool, and the utilization rate is 70%, which means 25% APY for lenders. The rate will go even higher as miners borrow more FIL.

Based on that, we think it’s a great time to let more people know and participate in this. To incentive participation, we’re going to launch our first phase of HashMix Lending Incentive Program!

Here are some details of the program

Total Duration: 26 weeks, will divide into different phases.

Phase 1: from July 16 10:00 a.m. (EST) to July 30 10:00 a.m., total lasting for two weeks.

Max Reward Pool Size for Phase 1: 200k HSM token.

Reward Rule:

Total Deposited FIL >= 300k, Reward Pool: 200k HSM

Total Deposited FIL >= 200k and < 300k, Reward Pool: 120k HSM

Total Deposited FIL >= 100k and < 200k, Reward Pool: 50k HSM

Total Deposited FIL <100k, Reward Pool: 30k HSM