What is Hamster Combat (HMSTR)?
Promoting a game can push it into the spotlight, attracting millions of players eager to be part of the next big thing. This is especially true in the world of play-to-earn games, where the promise of real rewards meets the excitement of gaming.
Recently, with the advent of tap-to-win games, earning rewards has become as simple as tapping on the screen.
Hamster Kombat, specifically, is a popular Telegram-based crypto game that requires tapping to earn money, and it has taken the money-making gaming scene by storm. Launched in March 2024, it quickly captured the attention of the Web3 community thanks to its engaging gameplay and real-world earning potential.
Earn HMSTR Tokens
Binance, one of the worldâs leading cryptocurrency exchanges, has announced the listing of Hamster Network as the latest project on its staking platform Launchpool. Starting September 23, users can earn Hamster Kombat tokens (HMSTR) by staking BNB or the FDUSD stablecoin. The staking process is flexible, allowing participants to withdraw their staking at any time while keeping any HMSTR rewards earned.
The HMSTR token launchpool campaign will run for three days, ending on September 26. The number of tokens you earn depends on the amount you stake relative to the total pool size.
Token Distribution Details
Binance plans to allocate 1% of the total HMSTR token supply through this Launchpool event. This means that 1 billion HMSTR tokens (worth around $81 million based on pre-market prices) out of the total 100 billion will be distributed to participants.
The reward distribution is split between the two storage pools:
* BNB Pool: Gets 85% of total rewards.
* FDUSD Pool: Gets the remaining 15%.
It is important to note that a higher allocation ratio does not automatically guarantee more rewards for individual stakers in that pool. Your earnings will depend on your stake ratio relative to the total amount staked in the pool.
Increase Earnings with Binance Super Earn
Binance also announced that HMSTR will be listed on the Binance Super Earn platform. The platform gives users the opportunity to earn above-average rewards, known as special annual return rates (APRs), by staking newly listed tokens through Simple Earn Locked products. These enhanced rewards are typically available immediately after a token is listed and are fully funded by the token projects themselves.
Key Features of Binance Super Earn:
* Higher Annual Return Rates: Super Earn offers higher APRs than the standard rates of other Simple Earn Locked products. These higher rewards are funded by token projects to incentivize users to hold and store newly listed tokens.
*Limited Time Offer: The Super Earn opportunity is available for a short period after the token is listed. It often includes tokens distributed through airdrops, Launchpool events, or other Binance promotions.
* Flexible redemption: Users can choose the desired token and holding period on the Binance platform. Early redemption is allowed, but any accumulated rewards will be forfeited.
* Easy to identify: Super Earn products are marked with a âSpecial Offerâ tag on the Binance Simple Earn page for easy identification.
For more details, you can visit the following link:
IBinance Announces Hamster Kombat (HMSTR) on Launchpool and Super Earn.
How to Participate in Earning HMSTR Tokens on Binance Launchpool
Before you get started, make sure you have completed the identity verification process on Binance, as only verified users are allowed to participate in the HMSTR earning event.
Getting started steps:
1. Get BNB or FDUSD tokens: If you donât already own BNB or FDUSD, you can buy them directly on Binance using a variety of cryptocurrencies or fiat currencies.
2. Access Launchpool:
* Log in to your Binance account.
* Go to the top menu, click âMoreâ, then choose âLaunchpoolâ.
3. Select HMSTR earning pool:
* Find Hamster Kombat earning pools.
* Choose between BNB pool or FDUSD pool, depending on which token you want to stake.
4. Store your codes:
* Follow the on-screen instructions to store the amount of your choice.
* You can monitor your staked assets and earned rewards in the Launchpool dashboard.
Example
Please note that the HMSTR Launchpool was not active at the time of writing, so specific pools may not be visible yet.
HMSTR Launchpool Key Dates and Information
Start date: September 23, 2024, 00:00 (UTC)
End Date: September 26, 2024, 00:00 (UTC)
Daily BNB Pool Rewards: 850,000,000 HMSTR
Daily FDUSD Pool Rewards: 150,000,000 HMSTR
Total HMSTR Rewards: 1,000,000,000 HMSTR
HMSTR Listing Date on Binance: September 26, 2024, 12:00 (UTC)
Final Thoughts
This Launchpool event is an excellent opportunity for Binance users to earn HMSTR tokens with minimal effort. By staking BNB or FDUSD, participants can become part of the Hamster Kombat project while enjoying the flexibility to withdraw their assets at any time. Donât miss this limited opportunity to boost your crypto portfolio.
