How to Claim Rewards from Your Fuel Cell Positions
Last updated
Last updated
As we mentioned earlier, there are two categories of rewards you can claim from your Fuel Cell positions:
The rewards you earn from your Fuel Cell positions. You start to earn rewards as soon as your positions are activated and claim them any time.
The penalty fee rewards you can claim from other users’ early withdrawal penalties. These rewards will accumulate every time a user withdraws early. You can claim them by converting the rewards into a 48-month Fuel Cell position.
Step 1: Locate the Fuel Cells Page
Head to the “$H2” tab on the navigation bar and hover on the tab. A dropdown with Fuel Cells will appear. Click on the dropdown and you’ll find the relevant details.
Step 2: Select the Rewards to Claim
On the right side of the page, under Earnings Overview are the Claimable Rewards and Penalty Fee Rewards.
To Claim your Claimable Rewards, select “Claim Now” next to the Claimable Rewards and confirm the transaction on your wallet.
To Claim your Penalty Fee Rewards, select “Claim Now” next to the Penalty Fee Rewards and confirm the rewards details to convert the rewards into a 48-month Fuel Cell position. You can then immediately withdraw the rewards using Early Withdrawal, or wait until the 48-month matures and claim the full amount.
Note: The APRs will vary based on Fuel Cell utilization. In general, the earlier and longer you lock your $H2 tokens, the higher the APR. The APR will lower as more tokens are locked across Fuel Cells.
