Binance announced the listing of Hamster Kombat $HMSTR coin as the 58th project on its Launchpool platform. Hamster Kombat is a play-to-earn (P2E) game built on the Telegram mini-app platform that allows users to simulate the roles of cryptocurrency exchange CEOs.
Binance listed Hamster Kombat on its Launchpool platform. Source: X
The Launchpool initiative will enable users to farm the Hamster Kombat $HMSTR token by staking Binance Coin (BNB) and First Digital USD (FDUSD). The farming period will commence on Sept.19 and run until Sept. 25.
Participants will receive Hamster Kombat coin rewards based on their staked assets during this time.
Binance’s Launchpool will distribute 3% (3 billion HMSTR) of the 100 billion HMSTR supply. Users staking BNB will receive 85% (2.55 billion HMSTR) of the reward.
Furthermore, the remaining 15% (450 million HMSTR) will go to those staking FDUSD. Each user’s rewards will be calculated hourly. Participants can claim their accumulated rewards directly into their Spot Accounts at any time during the farming period.
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Details of Hamster Kombat Coin Listing and Trading on Binance
Following the conclusion of the Launchpool farming period, Binance will officially list the Hamster Kombat coin on its platform on September 26. Trading pairs for HMSTR will include HMSTR/USDT, HMSTR/BNB, HMSTR/FDUSD, and HMSTR/TRY.
To add further incentives, Binance introduced a “Super Earn” program for Hamster Kombat. The program allows users to lock their HMSTR tokens in Binance’s Simple Earn Locked Products to earn Special Annual Percentage Rate (APR) rewards.
Binance will further disclose the specifics of the APR rates and the full terms for participation.
However, not all Binance users can participate in these new opportunities. Binance has outlined specific regional restrictions for the HMSTR Launchpool and Super Earn programs.
Users residing in jurisdictions including Canada, the United States, Japan, the United Kingdom, and others will be excluded from participating in these offerings.
FAQs
When is Binance Listing Hamster Kombat Coin?
Binance will officially list the Hamster Kombat coin on its platform on September 26
When will the trading of Hamster Kombat coins start on Binance?
Binance will officially list the Hamster Kombat coin on its platform on September 26. Trading pairs for HMSTR will include HMSTR/USDT, HMSTR/BNB, HMSTR/FDUSD, and HMSTR/TRY.
How can I farm Hamster Kombat on Binance?
To farm the Hamster Kombat $HMSTR token by staking Binance Coin (BNB) and First Digital USD (FDUSD)
When will Hamster Kombat $HMSTR Coin Starts and Ends?
The farming period for the Hamster Kombat $HMSTR coin will commence on September 19 and run until September 25.
The post Binance Lists Hamster Kombat ($HMSTR) Coin on Launchpool— How To Farm It appeared first on CoinChapter.