All Earn plans on M2 operate on a 24-hour reward cycle, with each cycle starting at 10:00 am UTC. Users can subscribe to Earn plans any time. Once subscribed, users will be able to start accruing rewards beginning from the next reward cycle.

Fixed Plan Rewards Calculation: Alice subscribes USDT 10,000 to a 4.5% APR Fixed 60-day plan at 17:00 pm UTC on 16/08/23. This subscription gets activated at 10:00 am UTC on 17/08/23, and the first reward will be credited to Alice on 18/08/23 at 10:00 am UTC. In each reward cycle Alice will earn USDT 1.25 . A 60-day plan has 60 reward cycles, so Alice will earn a total of USDT 75 once the plan matures.

Daily Reward = Deposit Amount * APR * 1/360

It is important to note that Flexible plan rewards are calculated using the smallest balance held in the plan throughout each reward cycle.

Flexible Plan Rewards Calculation: Bob creates a flexible plan with USDT 10,000. His eligible amount at the start of the reward cycle is USDT 10,000. If he adds 500 USDT to his Flexible plan at 11:00 am UTC and then removes USDT 1,000 at 16:00 pm UTC, his qualifying amount for rewards at the end of the cycle is USDT 9,500.

Should a user cancel a plan, no rewards will be given for the reward cycle during which the plan was cancelled, and the cancellation was confirmed.

If Bob cancels his plan at 21:00 pm UTC on 21/08/23 which is validated and confirmed by M2, no rewards will be provided for the reward cycle ending at 10:00 am UTC on 22/08/23

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