Binance revealed that Hamster Kombat (HMSTR) will be available on its Launchpool platform on September 19, 2024. This integration is a big milestone for the new gaming coin, which will be published on Binance’s exchange later this month.
Starting September 19, users can farm HMSTR tokens by locking their BNB and FDUSD tokens. The agricultural time will last seven days, ending on September 25, 2024. During this time, Binance users can earn HMSTR tokens using the exchange’s farming mechanism, with airdrops dispersed proportionally.
The overall amount of Hamster Kombat (HMSTR) tokens is set at 100 billion, with the Launchpool program distributing 3 billion HMSTR (3% of the total supply).2.55 billion tokens (85%) will be allocated to BNB lock-up participants, with the remaining 450 million tokens (15%) given to FDUSD holders.
Trading in HMSTR will begin on September 26, 2024, at 12:00 UTC, with numerous trading pairs, including HMSTR/USDT, HMSTR/BNB, HMSTR/FDUSD, and HMSTR/TRY. The token will additionally have a “seed” tag to indicate its recent listing status.
In addition to Launchpool farming, HMSTR will be featured in Binance’s ‘Super Earn’ program, which allows users to lock tokens for a set period of time and earn a unique annual percentage rate (APR). Details on the individual APR incentives will be announced later.
Binance additionally provides HMSTR Super Earn, which will allow users to lock HMSTR coins in Simple Earn at a higher APR. While the specific rate has yet to be released, this offer will be accessible for a limited period, providing users with the opportunity to increase their returns.
For the sake of user safety, Binance warns against potential frauds promising HMSTR prior to its official launch and requires users must undergo KYC verification to participate in the Launchpool.
The broadened token supply and Binance listing are intended to boost confidence in Hamster Kombat, particularly in light of legal concerns and controversy surrounding its development. The game’s impact on the Russian market, notably its click-detection rewards system, has caused significant discussion.
The post Binance Launches Hamster Kombat (HMSTR) on Launchpool with Trading Pairs appeared first on Live .
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