On Thursday, September 12, 2024, Binance introduced the introduction of Hamster Kombat (HMSTR) as the most recent addition to its Launchpool platform. Furthermore, the alternate will subsequently record the HMSTR token on its platform. This marks a big victory for the latest launched gaming token.
Binance To Checklist Hamster Kombat
Ranging from September 19, 2024, Binance customers will have the ability to lock their Binance Coin (BNB) and First Digital USD (FDUSD) to farm HMSTR tokens. The farming interval will final for seven days, ending on September 25, 2024. Throughout this time, customers will accumulate Hamster Kombat airdrop, which might be distributed by way of the alternate’s farming system.
For additional context, Hamster Kombat (HMSTR) has a complete token provide of 100 billion HMSTR. Out of this, 3% of the availability (3 billion HMSTR) allotted as rewards by way of the Launchpool initiative. Of this quantity, 85% (2.55 billion tokens) might be distributed to customers who lock BNB. While, the remaining 15% (450 million tokens) might be awarded to FDUSD holders.
Buying and selling of HMSTR will start on Binance on September 26, 2024, at 12:00 UTC. It will likely be out there in a number of buying and selling pairs, together with HMSTR/USDT, HMSTR/BNB, HMSTR/FDUSD, and HMSTR/TRY. Furthermore, the token will carry a “seed” tag to point that it’s newly listed.
The farming course of on the crypto exchange will enable customers to lock their BNB and FDUSD in designated swimming pools. While, each day rewards will accumulate based mostly on their contribution. For instance, through the farming interval, a complete of 364.3 million HMSTR might be allotted each day to the BNB pool, whereas the FDUSD pool will distribute 64.3 million Hamster Kombat tokens every day.
Kelvin Munene Murithi
Kelvin is a distinguished author with experience in crypto and finance, holding a Bachelor’s diploma in Actuarial Science. Identified for his incisive evaluation and insightful content material, he possesses a powerful command of English and excels in conducting thorough analysis and delivering well timed cryptocurrency market updates.
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