guide-how-to-earn-kmd-rewards.md

Guide: How to earn KMD rewards

🏁 1. Prerequisites

• KMD coins must be stored on a local wallet. You control the seed/private keys.

{% hint style="warning" %} Remember, it's best practice to always withdraw coins from an Exchange. {% endhint %}

🌜 2. Download and use a compatible wallet

{% page-ref page="../../wallets/desktop-wallets/atomic-multi-currency.md" %}

📊 3. How to participate in Komodo's "Active User Rewards"

Komodo pays 5% in "Active User Rewards" if you make at least one transaction per month.

To maximize your rewards, every 30 days you will want to send to your own address at least 10 KMD coins.

{% hint style="info" %} KMD rewards work unlike typical Proof-Of-Stake coins. There is no requirement to leave a wallet open, maintain a node, or be online! {% endhint %}

{% hint style="info" %} 🧙♀ Tip for the technically-inclined: Komodo's reward is a function of an address nlocktime and UTXO value. {% endhint %}

🙋 4. More information

{% embed url="https://support.komodoplatform.com/support/solutions/articles/29000024428-komodo-5-active-user-reward-all-you-need-to-know" %}