Tomorrow is the 25th of the month, which means SmartCash holders of more than 1,000 Smart are about to receive their SmartRewards!
While I wish this day was one for total celebration, alas it also comes with a large amount of frustration. As of this post, Cryptopia's SmartCash wallet is still in 'maintenance', even though they recently stated they will be delisting the coin. All SmartCash holders who were unable to transfer their coin to an official Smart wallet are stuck in SmartRewards limbo.
Thankfully, I only have a small fraction of my SmartCash still on Cryptopia, but it's enough to be somewhat infuriated by. People have speculated that Cryptopia is waiting for the 25th in order to cash in on the SmartRewards before releasing the coin. This scenario, while not easily provable, accentuates the point that I will not be using Cryptopia for any future transactions.
But enough about that...onto the rewards!
At last count, the SmartReward payout for this month appears to be at 6.23%. For someone who has a minimum amount of 1,000 Smart, this translates into a payout of 62.3 Smart, a current value of $44.80 USD. Pretty nice return for simply holding if you ask me :)
For people who are new to SmartCash, get your 1,000 or more coins into a SmartRewards wallet ASAP, as the next snapshot for February's rewards cycle will be taken soon.
All uncredited pictures from the pixabay.com
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