The reward rates we advertise are annual rates, so each week on Friday at 05:00:00 UTC we calculate all rewards according to prices at that moment. Rewards will be transferred directly into your wallet. In case you don't have a wallet already please follow our guide on how to set up your Celsius wallet.
Our reward calculation schedule is as follows:
- 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.
Reward in-kind example:
- ETH price: $250
- The reward rate on ETH: 4.50%
- ETH balance: 10
- We can use the weekly compounded reward formula:
P * (1 + r / n ) ^ n
In the case of Celsius:
Number of coins * ( 1 + ( reward rate / Number of weeks in a year )) ^ Number of weeks in a year
- 10 ETH * (1 + 0.045 / 52) ^ 52 = 10.460075 ETH <- balance after a year
- 10.460075 ETH - 10 ETH = 0.460075 ETH
- 0.460075 ETH = $115.01 <- per year in compounded reward
Reward in CEL example: (Platinum Loyalty Level, +30%)
- ETH price: $250
- Reward rate on ETH: 5.85% <- (4.5% + (4.5% * 30%)
- ETH balance: 10
- CEL price: $0.10
10 ETH = $2,500 = 25,000 CEL
25,000 CEL * ( 1 + 0.0585/52 )^52 = 26,505.2531 CEL
26,505.2531 CEL = $2,650.52
26,505.2531 CEL - 25,000 CEL = 1,505.2531 CEL
1,505.2531 CEL = $150.52 <- per year in compunded reward
You can use our reward calculator by clicking on this link.
*All prices used above are examples and do not reflect real market value.
**Currently, earning in CEL is not available to users from the US.