# Holder Rewards

The main utility of Sharp Trader NFTs is earning 60% of revenue from the products built by Sharp Trade as a reward. This revenue is being equally split among all the NFTs.

**TL;DR** check your holder rewards once a month and keep earning

We introduce the new Holders Rewards system to reward active holders efficiently and fairly.

<figure><img src="/files/ZshSMhexAdQxhsNBLaw2" alt="" width="563"><figcaption></figcaption></figure>

## Holders Rewards system

Read through the next info to learn how rewards system works now

### Sharp Trader rewards set

The new system solves high supply/low & slow reward issues by grouping your Sharp Traders in sets of 3 NFTs that allow you to reach the minimal claimable limit 3x times faster without any extra effort.&#x20;

<figure><img src="/files/r9pATtEsUgbJF3Y0rmdl" alt="" width="563"><figcaption><p>Sharp Traders reward set</p></figcaption></figure>

At the same time, this ensures you earn rewards in the best way, while even holding only 1-2 Sharp Traders or having incomplete sets works as well. You don't lose any rewards, they will simply accumulate more slowly.&#x20;

### Claim it or Fade it

The main idea of the new rewards system is simple: reward active, supportive holders and encourage all holders to stay engaged

We introduce a new rewards system with a minimal requirement of just one click a month. If you fade it, rewards from inactive holders will be redistributed equally among everyone in the next month.

To keep earning, simply:

1. Visit our [website](https://sharptrade.fi/holders) once a month&#x20;
2. Connect your wallet with Sharp Traders and press the Load NFTs button

<figure><img src="/files/JMTm1grac6CQXsLENGal" alt="" width="299"><figcaption><p>Load NFTs button</p></figcaption></figure>

3. Press one of the buttons

   1. **Claim** to receive your reward if it is available (0.001 $SOL reached) for withdrawal
   2. **Check** your activity if your reward is below the claimable limit<br>

   <figure><img src="/files/6mQJtTTrzYrd796ydC6X" alt="" width="375"><figcaption><p>Claim or Check your Sharp Traders reward</p></figcaption></figure>

Do this once a month to keep earning

### Some details on the rewards system migration

If you are an OG holder or just interested in the details of the migration - keep reading.

The **previous approach** meant all revenue (total rewards) is split among all NFTs having:

1. Not high revenue: total 400 $SOL
2. Big collection: 15k supply with total payout \~0.03 $SOL per 1 NFT

It means slow accumulation while a minimal limit for withdrawal 0.001 $SOL - is not really attractive for the effort to claim it.

At the same time, \~30% of holders have never claimed their rewards in years despite the lots of pings - while we keep working hard and get a little support.&#x20;

Obviously, this didn't work well: holders didn't get enough rewards while we didn't get active community to support our products.

Having this, we introduce a **new approach**:

1. Sharp Traders are grouped in sets of 3 NFTs for claiming rewards - holder will reach a minimal claim limit x3 times faster
2. The new minimal activity requirement to claim or keep earning rewards (if not claimable) is to click one button monthly on the website.&#x20;
3. All the rewards from inactive holders will be redistributed on a monthly basis among all holders. If the holder misses one month he can always join us next month.

Eventually, this new system will be more rewarding for holders and we encourage more people to follow and support the project while bringing even more rewards to holders!

Claim your reward by the link in [Official Links](/official-links.md)


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