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What are PANDA Rewards
PANDA rewards are compound interests distributed monthly to customers who hold a minimum-required balance of Angry Panda tokens in their eligible wallets, thus allowing them to earn a passive income easily.
Compound interest: 1% every month
The reward consists of a 1% rate of interest compounded monthly and distributed to all the eligible wallets. This therefore means that PANDA’s earnings generate additional earnings over time. In this way you can get up to +12.68% every year and up to +230% passive income in 120 months!
Every month
1% compound interest
APY
12.68% in a year
Total interest
+230% in 120 months
How much you can earn
For example, if you hold 100 Angry Panda (PANDA) in an eligible wallet, after 1 month you could hold 101 PANDA. Since your PANDA’s earnings generate additional earnings over time, after 1 year you could hold up to 112.68 PANDA and after 10 years you could hold up to 330.04 PANDA.
Compound interest calculator
Try out our compound interest calculator to find out!
Holded amount:
No. of months:
How to earn rewards
The rewards are calculated from the last recorded balance on the blockchain and distributed to all eligible wallets every month automatically, as well as the compounding effect. There’s nothing to stake or claim and there are no fees to pay. Just hold and earn.
Start earning passive income easily
Buy and hold Angry Panda to start earning your passive income.
PANDA Rewards FAQ
What do I need to do to earn PANDA Rewards?
Eligible wallets
Non-custodial wallets vs. Custodians or centralized wallets/exchanges
For addresses managed by custodians or centralized wallets/exchanges, it depends on the terms and/or policies of the custodian or wallet/exchange.
Do I still earn PANDA Rewards if I store my PANDA in an exchange like Binance?
It depends. PANDA stored in custodial wallets (such as exchanges) still receive rewards as any other PANDA. But technically, the custodian is receiving these rewards because it owns the address where the PANDA are stored. Please refer to the terms and policies on your custodians’s website.
Can I receive rewards with a cold storage wallet or a hardware wallet like the Ledger Nano S?
Yes, like any other wallet that is in your custody, you can receive rewards in a cold storage or a hardware wallet like Ledger Nano S. If your cold or hardware wallet are with a custodian/exchange, then please refer to the terms and policies of your custodian/exchange.
Is compounding rewards distribution automatic?
Yes, starting from January 1, 2024 the rewards will be calculated from the last recorded balance on the blockchain and distributed automatically, as well as the compounding effect.
How frequently are PANDA rewards distributed?
PANDA Rewards are distributed approximately every month to all the accounts holding at least the minimum required balance.
No staking required and zero fees
You don’t have to block your tokens in staking and pay fees to claim, nor send your tokens to other wallets. Just keep your PANDA safe in your wallet to start earning!
What is the current rewards rate?
Here you can check the current compound interest rate and use the calculator to determine the exact amount.
Is the PANDA Rewards program subject to change?
Angry Panda does not intend to change the interest rate or the duration of the rewards distribution.
However Angry Panda could update the PANDA Rewards program over time, adjusting the current levels and duration of rewards or the minimum-required balance of Angry Panda (PANDA) and tuning the program to benefit the Angry Panda ecosystem. This could happen, for example, in the event that transaction costs increase significantly on the Waves blockchain.
Holding
What's the meaning of holding?
Holding means buying a cryptocurrency with the purpose of storing it for the medium to long term. HODLers are crypto investors who buy and hold their positions regardless of price fluctuations. Whether the market is up, down or neutral, these people remain confident in the long-term value of the cryptocurrency.
Holders proudly call themselves “HODLER”.
How does holding work?
To hold a cryptocurrency, all you have to do is buy it on an exchange and keep it in your wallet for the time you need to.
At this point you might ask yourself: when is the best time to sell? The answer depends on the objective that you’ve set for yourself. This can be defined either in terms of time (e.g. 15 years), or in terms of capital gain (e.g. realise a x5 on the blocked capital) or in terms of purpose (e.g. retirement fund).
The benefits of holding
The “buy and hold” approach helps counteract two destructive tendencies: FOMO (fear of missing out), which can lead to buying high, and FUD (fear, uncertainty and doubt), which can lead to selling low.
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