- Users will have the option to lock their BNB and FDUSD tokens in order to farm HMSTR.
- There will be a seven-day farming period that concludes on September 25, 2024.
Binance announced the inclusion of Hamster Kombat (HMSTR) to its Launchpool platform on Thursday, September 12, 2024. Additionally, the HMSTR token will be listed on the exchange’s platform later on. The newly released gaming token has scored a major triumph with this.
Binance customers will have the option to lock their BNB and FDUSD tokens in order to farm HMSTR tokens beginning September 19, 2024. There will be a seven-day farming period that concludes on September 25, 2024. Users will have the opportunity to earn Hamster Kombat airdrop throughout this period, and they will be distributed via the exchange’s farming mechanism.
Multiple Trading Pairs Available
The total quantity of Hamster Kombat (HMSTR) tokens is 100 billion HMSTR, for perspective. The Launchpool program will distribute 3 billion HMSTR, or 3% of the total supply, as incentives. Users who lock BNB will get 2.55 billion tokens, or 85% of this amount. The remaining 15%, or 450 million tokens, will go to holders of FDUSD.
On September 26, 2024, at 12:00 UTC, Binance will launch trading for HMSTR. Multiple trading pairings will be available for it, such as HMSTR/USDT, HMSTR/BNB, HMSTR/FDUSD, and HMSTR/TRY. Additionally, a “seed” tag will be attached to the token to denote its recent listing.
With the inclusion of HMSTR to Binance’s ‘Super Earn’ program, users may lock tokens for a certain term and earn a special annual percentage rate (APR), in addition to the Launchpool farming. There will be a 7-day restricted period for customers to receive the special APR incentives with HMSTR, however the actual APR will be declared later.
Highlighted Crypto News Today:
Legislators Probe SEC Chair Gensler Over Political Bias in Hiring
Source: https://thenewscrypto.com/crypto-exchange-binance-adds-hamster-kombat-hmstr-to-launchpool/