The #BinanceLaunchpoolHMSTR event centers around the introduction of the Hamster Kombat (HMSTR) token on Binance’s Launchpool. Binance users can participate in the farming of HMSTR tokens starting on September 19, 2024. Holders of Binance Coin (BNB) and the stablecoin FDUSD can stake their assets to farm HMSTR over a seven-day period.
The Hamster Kombat token is tied to a popular Telegram-based clicker game, and 3 billion HMSTR tokens—equivalent to 3% of the total 100 billion supply—will be distributed through this campaign. Following the farming period, Binance will list HMSTR for trading on September 26, 2024, with trading pairs including HMSTR/USDT, HMSTR/BNB, HMSTR/FDUSD, and HMSTR/TRY. Additionally, users can lock their HMSTR tokens in Binance’s Simple Earn product for a special annual percentage yield (APY).
This initiative follows similar listings on other platforms like OKX, and interest in the token has been high, with pre-market trading volumes exceeding $2 million.