One of the outstanding features we can proudly boast of is our wholesome staking reward system. On MyCointainer, about 99% of our listed assets come with a daily reward distribution. Thus our users tend to receive their staking earnings or rewards almost daily.
Also, it’s a great pleasure to announce that staking or reward generation begins automatically once the asset reflects on a user’s dashboard - no need for further actions from the user.
Reward Generation - Every asset has a unique annual percentage yield (APY), which determines a user's expected yield or earnings for staking for a period of one year (normally 365 days).
Note: The APY displayed on the asset page are ESTIMATED values hence may be subjected to change based on the network modifications such as “inflation mechanism control”, of which MyCointainer does not have any control.
Out of the estimated APY, daily rewards are calculated stochastically hence daily rewards may vary over different periods of time within the year. A period (say 3 months) may have a certain percentage of the APY to be distributed. In this case, there are times when daily rewards will be slightly higher, whereas at other times, daily rewards will be slightly lower.
The ultimate is that the estimated APY will be met at the end of the year (365 days) of staking.
Reward Distribution is done daily for almost 99% of our listed assets. However, this is not a fixed affair. Daily rewards may be skipped for a particular day on very few occasions. To cater to this, there are days when rewards may be distributed twice on a specific day.
You’re always welcome to write to our Support Team for further assistance.
FAQ
I have not received rewards
If you don't see rewards for more than 2 days, get in touch with our Support team via Chat or Email to check for any issues.
My rewards are lower today
Our daily rewards are distributed based on the current portion of the ROI we are distributing.
Every period of time has a specific portion of the annual ROI that is distributed.
There are times rewards will be higher than what you are getting currently.
Other times you will receive twice the reward you are getting in a day. The system will ensure you get precisely or very close to the ROI % at the end of the year.