Weekly rewards are calculated every Friday at 05:00:00 UTC, according to prices at that moment. That means that our rates change on a weekly basis depending on the current market conditions.
So, when calculating your reward distribution, make sure you keep the following in mind:
- Reward accrual period: Friday 05:00:00 UTC to Friday 04:59:59 UTC;
- Reward calculation price snapshot: Friday 05:00:00 UTC;
- Reward payment day: Monday, no set time.
What these weekly deadlines mean is that rewards are calculated every Friday and distributed every Monday. So, despite the interest being distributed every Monday, don't forget that the actual value date for the calculation of the rewards is Friday from the previous week.
Also, if you make a transfer in the middle of the week, i.e. on a Wednesday, you will still earn rewards on those assets through the accrual period on Friday, but it will not be a full week since rewards are calculated from Friday to Friday. So you have to keep that in mind at the time of your calculation.
However, if you transfer your coins on Friday, Saturday or Sunday, then in that case your first reward payment will be the following Monday.
For more information on how weekly rewards are calculated, please watch the video below.
For our US users, please do not forget that, earning in CEL is currently not available.
If you still think your reward payment was incorrect and there is an issue with it, please reach out to support at firstname.lastname@example.org. We are here to help!