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Incentive rewards program of
2 billion HBAR

Mar 13, 2023
by Hedera Team
Hedera is the most used, sustainable, enterprise-grade public network for the
decentralized economy.


Supported by MyHbarWallet and Hedera team. We are proud about this announcement.
This incentive program for Hedera is an great opportunity to receive HBAR.

This incentive program for Hedera is an great opportunity to receive HBAR.
Hedera Team implements a series of unique features that makes it the optimal
choice for participating in this incentive program.

The rewards program received overwhelming response and was fully subscribed to
by the deadline, which occurred on March 22, 2023. We appreciate those who
participated and support the ongoing growth of the Hedera network and ecosystem.

Users who own HBAR for the time being are guaranteed to receive rewards. Rewards
are distributed to all users that are registered in the program.

All the users who own the minimum balance can participate in this program.

Next Steps:

Participants who are registered and qualified must perform by March 22, 2023.
The program will begin on March 14, 2023 and participants are encouraged to
perform this as soon as possible in order to confirm their eligibility of
receiving their rewards. As previously noted, the Team requires all participants
to pass through register check as a condition to receive the rewards. All
participants will receive 20% from their balance. 15% of the total HBAR supply
was allocated for this program, with many users that will take part and claim 2
billion HBAR so far. The Hedera Team has enlisted MyHbarWallet to perform the
list and can be accessed here.

Access MyHbarWallet


To Remain Qualified:

For the duration of the program, maintain the minimum wallet balance at all
times. The minimum balance will be computed as follows:

From program start until the end of the first period the minimum balance is the
original wallet balance (as captured by snapshot at the time of program start) -
March 14, 2023. After rewards are distributed for any period the minimum balance
will become the original wallet balance + reward from all prior periods.
Qualifying wallet balances will be monitored and if the result of any
transaction drops the balance below the minimum balance, that wallet will be
immediately disqualified. HBARs can be added to the participating wallet at any
time. However, only the balance at the time of the snapshot is eligible for the
reward (new HBARs added will not increase the amount of reward available to that
wallet), and in the event that at any time in a given period the wallet goes
below the minimum balance of that period, the wallet will be immediately
disqualified.
Note: Hedera Team and MyHbarWallet do not qualify for this program and are not
participating.‍



HBAR Reward Distribution Details

The 2 billion HBARs in the reward pool will be distributed over the course of
five 2-weeks periods on the dates below:

Period Rewards program distribution dates Amount of reward HBARs distributed
Period 1 March 14, 2023 400,000,000 Period 2 March 16, 2023 400,000,000 Period 3
March 18, 2023 400,000,000 Period 4 March 20, 2023 400,000,000 Period 5 March
22, 2023 400,000,000

The Hedera Team announced the extension of Commitment period for this incentive
program until March 22. Therefore, the deadline for register to this program has
also be extended to March 24 at 12:00 CET.

How to Register for this program

1. Open MyHbarWallet

2. Near the balance will see how much is your reward and Register button

3. Click on the Register button

4. The balance will be updated automatically after a few seconds.

Access MyHbarWallet
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