Dear Binancian,
Binance is pleased to announce the addition of Binance Super Earn for the new Launchpool token project Hamster Kombat (HMSTR), a Play-to-Earn simulation game built on Telegram’s mini-app platform where the player takes on the role of the CEO of a crypto exchange.
Binance Super Earn is a new way for users to earn special APR (Annual Percentage Rate) for a limited time and quota through Simple Earn Locked Products.
Purchase your HMSTRs directly on the Super Earn website or on Simple Earn Locked Products to earn the special APR rewards below during the Super Earn Promotion Period.
Super Earn Promotion Period: 09/26/2024 6:00 AM (UTC) to 10/02/2024 11:40 PM (UTC), or until all subscriptions are distributed.
Remarks :
Subscriptions must be made between 09/26/2024 6:00 AM (UTC) and 10/02/2024 11:40 PM (UTC) to be considered eligible.
Once the available subscription amount is exhausted, users will not be able to subscribe anymore. Hurry up and start earning special APR rewards!
* APR and DPR are time-limited offers, fully funded by the respective token project at Binance, for the express purpose of facilitating promotional activities. These offers are available for a limited time only during the Promotion Period and until the allocated amount is fully subscribed. Please refer to the Super Earn FAQ for more information.
Mechanism of locked products in HMSTR (Super Earn)
Super Earn Token Rewards: 100,000,000 HMSTR.
Subscription format: first come, first served. Minimum and maximum subscription limits and term requirements apply. See the DPR for a more accurate estimate of reward amounts. Refer to the table above and the notes in this announcement for more information. Once the maximum subscription amount is reached, users will no longer be able to subscribe.
Rewards Calculation Period: From midnight (UTC) the day after you subscribe to the locked products, until the end of the subscription period.
Reward Distribution: The first reward will be awarded the day after the accumulation begins (two days after subscription).
Subscription Limits: Binance reserves the right to adjust the Total Subscription Limit and Maximum Subscription Limit per User based on demand or for other reasons at any time during the Promotion Period.
How to get started with HMSTR (Super Earn) locked products?
Go to [Super Earn] or [Simple Earn] and search for HMSTR. If you are not familiar with HMSTR, check out the Launchpool/Listing HMSTR or the Buy Crypto page available after the Spot listing.
Select Subscribe to start earning special APR rewards.
Remarks :
Special APR refers to the APR rewards of Super Earn products. Binance reserves the right to adjust the Special APR of Super Earn at any time during the Promotion Period in accordance with the Binance Simple Earn Terms and Conditions.
The high APR and DPR offered by the Super Earn product is a limited time opportunity, made possible entirely by the provision of tokens from the respective token projects. These high APR and DPR are available for a limited time during the Promotion Period, until the allocated amount is fully subscribed, and are subject to change. The APR and DPR refer to the cryptocurrency rewards in the Deposit Currency and do not represent actual or anticipated returns in fiat currencies or other cryptocurrencies. Please note that the provision of these high DPRs is in no way an endorsement of the relevant projects and is not intended to serve as financial advice. Although the APR is annualized, the Super Earn offer is not available for a full year.
Binance Simple Earn will exchange the digital assets/digital currencies subscribed in Simple Earn locked products into flexible products at the end of the agreed subscription period. The value of digital assets/digital currencies fluctuates and may be subject to change.
It is not possible to participate in the Super Earn program with sub-accounts.
Users can view their Super Earn subscriptions from their Wallets > Earn > Simple Earn > Locked.
The “Auto-Subscribe” feature is not available for Super Earn products as this is a limited time promotion.
Unlock period for locked products: one day.
Users can also refer to the FAQ on Simple Earn Locked Products and Super Earn for more information.
About early redemption of Simple Earn locked products: You can choose to early redeem their assets. If you choose early redemption, the digital assets will be credited back to your Spot Wallet and you will not be entitled to any rewards (accumulated or otherwise). Any rewards distributed will be deducted from the redeemed principal. It takes between 48 and 72 hours for the digital assets to be credited back to your Spot account.
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Thank you for your support!
The Binance Team
23/09/2024
Note: This announcement was updated on 2024-09-23 to clarify the minimum subscription limit per user, which is 100 HMSTR.
