- Binance Launchpool will include HMSTR farming beginning September 19, 2024.
- HMSTR trading begins on September 26th, with numerous trading pairs available.
As a seasoned researcher with years of experience in the crypto world, I must say I am genuinely intrigued by the upcoming debut of Hamster Kombat (HMSTR) on Binance Launchpool. The timing couldn’t be better, with the launch scheduled for September 19, 2024 – a date that will undoubtedly go down in crypto history!
Binance announced that Hamster Kombat (HMSTR) would debut on its Launchpool platform on September 19, 2024. This significant step marks the launch of the new gaming coin, with a planned release on Binance’s exchange towards the end of this month.
Beginning September 19, Binance users have the opportunity to harvest HMSTR tokens by securing their BNB and FDUSD tokens. This agricultural process will continue for seven days, concluding on September 25, 2024. During this period, Binance users can generate HMSTR tokens via the platform’s farming system, with airdrops distributed according to each user’s proportionate holdings.
Details about the HMSTR Token Distribution
The total number of Hamster Kombat (HMSTR) tokens has been fixed at a staggering 100 billion. Through Launchpool’s distribution program, 3 billion HMSTR, which represents 3% of the entire supply, will be dispersed. A significant portion, approximately 2.55 billion tokens or about 85%, is earmarked for participants who lock up BNB, with the remaining 450 million tokens (15%) being allocated to FDUSD holders.
On September 26, 2024, at 12:00 UTC, trading for the HMSTR token will commence. It will be available in various pairs like HMSTR/USDT, HMSTR/BNB, HMSTR/FDUSD, and HMSTR/TRY. To signal its recent listing, it will also have a “seed” label attached to it.
Beyond participating in Launchpool farming, HMSTR is also going to be part of Binance’s ‘Super Earn’ initiative. This program lets users secure their tokens for a defined timeframe and receive a distinct annual percentage yield (APY). Further details about the specific APY rewards will be shared at a later date.
Besides Binance offering HMSTR Simple Earn, they also provide an enhanced option called Super Earn for HMSTR coins. This feature enables users to lock their HMSTR coins at a higher Annual Percentage Rate (APR) temporarily. Although the exact rate hasn’t been disclosed yet, this special offer will be available for a limited time, giving users a chance to boost their returns.
For the sake of user safety, Binance warns against potential frauds promising HMSTR prior to its official launch and requires users must undergo KYC verification to participate in the Launchpool.
Expanding the number of tokens available and securing a listing on Binance is aimed at increasing trust in Hamster Kombat, especially considering the legal issues and controversy surrounding its creation. The game’s effect on the Russian market, particularly its click-detection reward system, has sparked much debate.
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2024-09-14 18:14