AUTOSTAKING

TIME LEFT TO THE NEXT AUTOSTAKE SNAPSHOT

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OCT 25th, 2021 5:00PM GMT

HTZ AUTOSTAKING is a hassle-free reward system for HTZ holders. It differs from regular staking in that the rewards are paid monthly and are not dependent on having an open wallet with the staking function enabled. Essentially, your wallet can be closed and your coins could even be moved, until the time of the snapshot when they would need to be present in your wallet in order to get the AUTOSTAKE rewards.

Simply hold 500,000 HTZ or more in an eligible wallet account at the time of the snapshot, and AUTOSTAKE rewards will be automatically sent to your wallet account.  Snapshots will be taken every 25th day of each month at 5:00PM GMT, and AUTOSTAKE rewards will be distributed in the 1st week of the following month.

The monthly AUTOSTAKE rewards will be 2% per month (compound interest of 26.82% per year), and then decreasing 0.15% each year after 2022. All AUTOSTAKE rewards will be fully distributed in 2027.  

Click here for previous snapshots.

AUTOSTAKE REWARDS SCHEDULE
Year Monthly Rewards Annual Rewards*
2021
2.00%/month
26.82%/year
2022
2.00%/month
26.82%/year
2023
1.85%/month
24.60%/year
2024
1.70%/month
22.42%/year
2025
1.55%/month
20.27%/year
2026
1.40%/month
18.16%/year
2027
1.25%/month
16.08%/year

*Compound Annual Rate

AUTOSTAKE REWARDS CALCULATOR

Max period simulation gives you the final result of the autostakes distribution, based on your initial balance, if you hold this balance until the end of the autostakes program in 2027 (with the compound interests).

Initial Balance AUTOSTAKES REWARDS
(* with compound interests)
Ending Balance
PeriodCurrent % of holding Amount
Monthly 2 % 0 0
Yearly * 26.82 % 0 0
Max (till 2027) * 224.61 % 0 0
ELIGIBLE WALLET ACCOUNTS

An eligible wallet account to receive HTZ Autostake Rewards is a web wallet or registered Hertz desktop wallet account that has more than 500,000 native HTZ coin.

1) 500,000 native HTZ 

  • If you already have native HTZ coin, you can just send your HTZ to the Hertz web wallet or desktop wallet.
  • If you have HTZ ERC-20 token or HTZ BEP-20 token, please make sure to swap them to native HTZ first at supporting exchanges: CatEx.ioXt.com or Dex-Trade.com. Just simply deposit your HTZ ERC-20 or HTZ BEP-20 at one the above exchanges, and withdraw native HTZ to your web or desktop wallet.
 

2) A Web Wallet or Registered Desktop Wallet Account

  • If you keep your HTZ coin in your web wallet at hertz-network.com, then you’re all set.
  • If you keep your HTZ coin in your desktop wallet, make sure to register your desktop wallet account on your profile page at hertz-network.com.

*** Make sure to keep your HTZ in your wallet at the time of the monthly snapshot to receive AUTOSTAKE rewards ***

AUTOSTAKING FAQ

HTZ holders who have 500,000 HTZ or more in their wallet accounts registered at hertz-network.com at the time of the quarterly snapshot, including:

  • WEB WALLET account at hertz-network.com
  • DESKTOP WALLET account registered on the user profile page at hertz-network.com

The AUTOSTAKE rewards will be fully distributed around Q3-Q4 2027. There will likely be another reward system thereafter, but the amount will be much less than the AUTOSTAKE rewards program.

The amount of AUTOSTAKE rewards that you will receive will depend on how much HTZ you have in your registered wallet account at the time of the monthly snapshot. If you don’t have a positive HTZ balance in an eligible wallet account at the time of the corresponding monthly snapshot, then you will not receive any HTZ airdrop.

The UNCLAIMED AUTOSTAKE REWARDS (if any) will stay in the development fund accounts to be used for future development, operation, marketing, and possibly future rewards programs.

Eligible wallet accounts mean the following 2 types of wallet accounts:

  • All WEB WALLET accounts created at hertz-network.com
  • DESKTOP WALLET accounts accounts that are registered in the user profile section at hertz-network.com.
*Only HTZ holders who have positive HTZ balance in their wallet account(s) registered at hertz-network.com will receive AUTOSTAKE rewards.

Please make sure that you keep your HTZ in any of the above wallets at time of the monthly snapshot in order to receive  AUTOSTAKE rewards.

  • If you keep your HTZ in your web wallet at hertz-network.com, then you’re all set because all web wallet accounts are automatically registered. AUTOSTAKE rewards will be sent to your web wallet in the 1st week of the following month after the snapshot is taken.
  • If you keep your HTZ in your desktop wallet, make sure to register your desktop wallet account on your profile page at hertz-network.com. Each user will be able to register 1 desktop wallet account to receive AUTOSTAKE rewards. The rewards will be sent to your registered desktop wallet in the 1st week of the following month after the snapshot is taken.