Binance announced the addition of Hamster Kombat (HMSTR) to its Launchpool platform.
An announcement from the cryptocurrency exchange revealed Hamster Kombat (HMSTR) as the latest addition to Binance’s Launchpool platform on Thursday, September 12, 2024.
Furthermore, upon completion, the exchange will list the HMSTR coin on its platform. This moment marks a significant victory for the recently released gaming token.
Binance To List Hamster Kombat
Beginning on September 19, 2024, users of Binance will have the ability to farm HMSTR tokens by locking their Binance Coin (BNB) and First Digital USD (FDUSD) holdings. The agricultural time will span seven days, concluding on September 25th, 2024.
Users can accumulate Hamster Kombat airdrops during this period, which the exchange’s farming system will then distribute. Just to give you some context, the total number of Hamster Kombat (HMSTR) tokens is one hundred billion.
The Launchpool program has designated three billion HMSTR, or three percent of the total supply, as incentives. Users who lock BNB will receive a total of 2.55 billion tokens, specifically 85 percent of this total.
Holders of FDUSD will receive the remaining fifteen percent, or 450 million tokens. On September 26, 2024, at twelve o’clock in the afternoon UTC, HMSTR trading will start on Binance.
It will be accessible in a number of different trading pairs, such as HMSTR/USDT, HMSTR/BNB, HMSTR/FDUSD, and HMSTR/TRY. Additionally, a “seed” tag will stamp the token, indicating its recent listing.
Users will have the option to lock their BNB and FDUSD in specific pools using the farming procedure available on the cryptocurrency market. The daily incentives, on the other hand, will accumulate in accordance with their contribution.
As an illustration, during the farming period, the BNB pool will receive a total of 364.3 million HMSTR on a daily basis, whereas the FDUSD pool will distribute 64.3 million Hamster Kombat tokens on a daily basis.
