Users can stake BNB/FDUSD tokens to farm HMSTR rewards from Sept 23-25.
3 billion HMSTR tokens (3% of total supply) will be distributed in BNB and FDUSD pools.
Trading for HMSTR starts Sept 26; KYC required to participate.
Binance is set to launch Hamster Kombat (HMSTR) as the 58th project on its Launchpool, offering rewards to participants who stake their BNB tokens. This move is part of the exchange’s strategy to expand its ecosystem and attract a broader user base.
Starting September 23rd, users can stake BNB and FDUSD tokens to earn HMSTR token airdrops over three days. Participants will receive approximately 3 billion HMSTR tokens, representing 3% of the total supply, as rewards. The staking will be split into BNB and FDUSD pools for easy participation.
Token Distribution and Farming Details
The BNB pool will offer 2.55 billion HMSTR tokens, accounting for 85% of the rewards. Meanwhile, the FDUSD pool will distribute 450 million tokens, or 15% of the rewards.
The daily amount of tokens that can be farmed is capped, with a limit of 3.54 million HMSTR in the BNB pool and 625,000 HMSTR in the FDUSD pool. The farming period will run from September …
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