- Binance set to add Hamster Kombat (HMSTR) to Launchpool on September 19, 2024, with a 7-day farming period.
- HMSTR token has a total supply of 100 billion, with 3% (3 billion) set aside for farming rewards.
- Trading for HMSTR begins on Binance on September 26, 2024, with multiple pairs including USDT and BNB.
Binance announced on Thursday, September 12, 2024, the addition of Hamster Kombat (HMSTR) to its Launchpool platform. This move marks a significant milestone for the gaming token, which is rapidly gaining momentum.
Farming Opportunities on Binance Launchpool
Starting September 19, 2024, Binance users can lock their Binance Coin (BNB) and First Digital USD (FDUSD) to farm HMSTR tokens. The farming period will last seven days, ending on September 25, 2024. During this time, users can accumulate HMSTR airdrops through Binance’s farming system.
The total supply of HMSTR tokens is set at 100 billion. Out of this, 3% (3 billion tokens) will be distributed as rewards through the Launchpool.
The majority of this allocation, 85%, will go to users who lock BNB, while the remaining 15% will be awarded to FDUSD holders. This provides a unique opportunity for those who participate in the farming process to earn substantial rewards.
Trading to Begin on September 26, 2024
On September 26, 2024, Binance will officially launch trading for HMSTR tokens. They will offer several trading pairs, including HMSTR/USDT, HMSTR/BNB, HMSTR/FDUSD, and HMSTR/TRY. Binance will tag the HMSTR token with a seed label, highlighting its newly listed status.
Read CRYPTONEWSLAND on
google news
Additionally, Binance will introduce the HMSTR token to its Super Earn program. This program allows users to lock their tokens for a specific duration to earn a special annual percentage rate (APR).
While the exact APR for HMSTR has yet to be announced, participants can subscribe to up to 30,000 HMSTR tokens each. A total of 100 million HMSTR tokens will be reserved for the program, offering further earning opportunities for users.
The Hamster Kombat (HMSTR) token listing on Binance marks an exciting opportunity for users to participate in both the Launchpool and Super Earn programs. However, regulatory restrictions may apply to certain regions.
Crypto News Land, also abbreviated as “CNL”, is an independent media entity – we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.