📢 $HANDL Holding Rewards Are Live

📢 $HANDL Holding Rewards Are Live

Earn points by holding $HANDL in a Canton wallet linked to the app.TL;DR

  • Hold HANDL in your Canton wallet, which must be linked to the HandlPay app and subscribed (pay 500 HANDL from that wallet).
  • 1 point = 1 HANDL. Various snapshots are taken at random during the day, points accrue proportionally..
  • Hold steady or grow your balance to build a streak: +10% per day, up to +60%.
  • Streak resets to Day 1 if your balance drops below the prior day's low, or when a new round starts (Saturdays 00:00 UTC).
  • One Canton wallet per account (social username).

Wallet rules (IMPORTANT)

  • Each account earns Holding Rewards from one Canton wallet only. You can only use that wallet once for one HandlPay account.
  • Once you assign a wallet, it is permanent and cannot be changed.

How to start (same instructions also shown in the graphic below)

  1. Open the Earn Points tab and tap Daily Holding Reward Instructions.
  2. Activate Holding Rewards. (Instructions found in-app or here)

2.1 Have a HandlPay Canton wallet? ➡️ You can subscribe (pay 500 $HANDL) directly in-app.2.2 Have an external Canton wallet? ➡️ Send 500 HANDL to: stake-handl::12207ac147ad3e95894e7a507da3f04a819e8996f0bdf31c084ab3b77e51746b03cf (can copy-paste this address within the app too) ⚠️ Make sure to add your User ID in the memo tag.3. Hold HANDL in your linked Canton wallet. Points start accruing automatically.

Action needed for payouts:

  • Rewards go to whatever Canton wallet is linked when distribution is prepared. No linked wallet = no payout.
  • No minimum balance required anymore.
  • Make sure your linked wallet is the one you want paid.
  • ⏰ Deadline: Sundays at 12:00 PM UTC. Distribution begins Sunday afternoon.

Check out the FAQ here if you have any more questions.

Disclaimer: HANDL is a volatile crypto asset. Short-term price movements are driven by many factors and do not always reflect progress on the project. Whatever the market does, our focus stays the same: building HandlPay and making private stablecoin payments as simple as sending a message to a social handle, email, or phone number.

⚠️ Remember, your Canton wallet must be linked to your HandlPay account.

Situations where rewards do not reach you: Some users are earning holding points on a Canton wallet that is no longer linked to their HandlPay account. Others have no Canton wallet linked at all.Here is how distribution works so you do not miss out:

Reward distribution:

  • Rewards are split proportionally. Your share of the total points pool is your share of the reward pool.
  • Rewards are paid to the Canton wallet linked to your HandlPay account at the moment distribution is prepared. No linked wallet means no payout.

⏰ Preparation starts every Saturday at 00:00 UTC and closes when we publish the distribution announcement. This happens usually the next day, sometimes 2 days later, please be patient.. Whatever wallet is linked during that window is where your rewards go. So make sure the wallet linked to your account right now is the one you want paid. Distribution can take up to 24 hours.

The Handl team

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