On September 12, 2024, Binance announced the addition of Hamster Kombat (HMSTR) to its Launchpool platform, marking a significant milestone for the new gaming token. This move comes with further plans to list HMSTR on the exchange at a later date, solidifying its presence within the Binance ecosystem.
Starting September 19, 2024, Binance users can lock their BNB and FDUSD tokens to farm HMSTR through a seven-day farming event, which ends on September 25, 2024. During this period, users will have the opportunity to earn HMSTR rewards via Binance’s farming mechanism, giving participants a chance to receive airdropped tokens.
Multiple Trading Pairs and Rewards Distribution
The total supply of Hamster Kombat tokens stands at 100 billion HMSTR, with 4 billion HMSTR (3% of the total) being allocated for the Launchpool rewards. Of this, 2.8,8 billion tokens (85%) are reserved for those locking BNB, while 497 million tokens (15%) will be distributed to FDUSD holders.
Trading for HMSTR will go live on September 26, 2024, at 12:00 UTC, with multiple pairs available, including HMSTR/USDT, HMSTR/BNB, HMSTR/FDUSD, and HMSTR/TRY. The token will carry a “seed” tag to indicate its recent listing.
Special Rewards Through Binance’s Super Earn
In addition to Launchpool farming, HMSTR will also be part of Binance’s ‘Super Earn’ program, allowing users to lock their tokens for a specific period to earn a unique Annual Percentage Rate (APR). The 7-day locked period will offer exclusive APR rewards, with details on the actual rate to be revealed later.
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