- Binance set to add Hamster Kombat (HMSTR) to Launchpool on September 19, 2024, with a 7-day farming period.
- HMSTR token has a total supply of 100 billion, with 3% (3 billion) set aside for farming rewards.
- Trading for HMSTR begins on Binance on September 26, 2024, with multiple pairs including USDT and BNB.
Binance announced on Thursday, September 12, 2024, the addition of Hamster Kombat (HMSTR) to its Launchpool platform. This move marks a significant milestone for the gaming token, which is rapidly gaining momentum.
Farming Opportunities on Binance Launchpool
Starting September 19, 2024, Binance users can lock their Binance Coin (BNB) and First Digital USD (FDUSD) to farm HMSTR tokens. The farming period will last seven days, ending on September 25, 2024. During this time, users can accumulate HMSTR airdrops through Binance’s farming system.
The total supply of HMSTR tokens is set at 100 billion. Out of this, 3% (3 billion tokens) will be distributed as rewards through the Launchpool.
The majority of this allocation, 85%, will go to users who lock BNB, while the remaining 15% will be awarded to FDUSD holders. This provides a unique opportunity for those who participate in the farming process to earn substantial rewards.
Trading to Begin on September 26, 2024
On September 26, 2024, Binance will officially launch trading for HMSTR tokens. They will offer several trading pairs, including HMSTR/USDT, HMSTR/BNB, HMSTR/FDUSD, and HMSTR/TRY. Binance will tag the HMSTR token with a seed label, highlighting its newly listed status.
Additionally, Binance will introduce the HMSTR token to its Super Earn program. This program allows users to lock their tokens for a specific duration to earn a special annual percentage rate (APR).
While the exact APR for HMSTR has yet to be announced, participants can subscribe to up to 30,000 HMSTR tokens each. A total of 100 million HMSTR tokens will be reserved for the program, offering further earning opportunities for users.
The Hamster Kombat (HMSTR) token listing on Binance marks an exciting opportunity for users to participate in both the Launchpool and Super Earn programs. However, regulatory restrictions may apply to certain regions.
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