HPW claim update, claim more HPW per account by staking HPW!

We’re announcing a new update to the HPW claiming policy: Users can stake $HPW to increase the amount of claimable $HPW. This mechanic has been implemented after much consideration from our team to balance the game economy, incentivize participation in the flow of HappyLand’s ecosystem, reduce selling pressure, and provide HappyLanders with another way to earn.

Update Overview

As of this new update, the claimable reward is also based on the number of HPW staked and how long you stake HPW. It is calculated using the following formula. 

Claimable HPW reward = 1,000 HPW + StakedHPW * Min(Days left in pool, 14)/14

• The Min function takes the lowest number inside the bracket and eliminates the higher number. 

• Claimable HPW reward is the total reward that a user can claim per account

• Days Left in Pool decreases by one unit every 24 hours

• If you do not stake any HPW, the maximum claimable HPW is 1,000 HPW per account

• You can claim HPW every two days

• The maximum total amount of $HPW you can claim at once regardless of the number of land plots owned is 10,000 HPW

For example, 

If you stake 3,000 HPW for 21 days and you wish to claim HPW after 1 day, the claimable HPW reward after 1 day is calculated as follow: 

Claimable HPW reward = 1,000 HPW  + 3,000 HPW * Min(20, 14)/14

Claimable HPW reward = 1,000 HPW + 3,000 HPW 

Claimable HPW reward = 4,000 HPW 

If you stake 3,000 HPW for 21 days and you wish to claim HPW on the 20th day, the claimable HPW reward is calculated as follow: 

Claimable HPW reward  = 1,000 HPW  + 3,000 HPW * Min(1, 14)/14

Claimable HPW reward = 1,000 HPW + 213.3HPW 

Claimable HPW reward = 1,213.3 HPW 

Claimable HPW reward is 1213.3 HPW

For Guilds with 25 lands or more

• The formula above still applies

• If you do not stake any HPW the amount that your master account can claim is 1,000 HPW

• The maximum HPW you can claim per land is 3,000 HPW

For example: you are a guild with 25 lands, you want to claim maximum HPW per claim, this equals 75,000 HPW. To claim this number you need to stake 74,000 HPW for more than 14 days.

Claimable HPW reward  = 1,000 HPW  + 74,000 HPW * Min(21, 14)/14

Claimable HPW reward = 1,000 HPW + 74,000HPW 

Claimable HPW reward = 75,000 HPW

For guilds with 10 to 24 lands

• The formula above still applies

• If you do not stake any HPW the amount that your master account can claim is 1,000 HPW

• The maximum HPW you can claim per land is 2,500 HPW

For example: you are a guild with 10 lands, you want to claim maximum HPW per claim, this equals 25,000 HPW. To claim this number you need to stake 24,000 HPW for more than 14 days.

Claimable HPW reward  = 1,000 HPW  + 24,000 HPW * Min(21, 14)/14

Claimable HPW reward = 1,000 HPW + 24,000HPW 

Claimable HPW reward = 25,000 HPW

This update will occur from 4 pm UTC 24th of March, 2022

About HappyLand

HappyLand is a blockchain gaming platform, inspired by the Texas countryside. In HappyLand, players will transform into the role of a farm owner cultivating, breeding pets, and taking care of his farm. From there, each player will participate in building and multi-farm metaverse with many unique custom styles.

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