Binance Launches Hamster Kombat on Launchpool, Offering Token Rewards

Binance is gearing up to launch its 58th project on the Launchpool, featuring Hamster Kombat (HMSTR).

This initiative aims to expand Binance’s ecosystem and draw in more users by offering rewards for staking BNB tokens.

Starting September 23, users will have the opportunity to stake BNB and FDUSD tokens in exchange for HMSTR token airdrops, which will be distributed over three days. In total, around 3 billion HMSTR tokens will be allocated, representing 3% of the token’s entire supply. The rewards will be divided between two pools: one for BNB and another for FDUSD.

The BNB pool will distribute 2.55 billion HMSTR tokens, which is 85% of the total rewards, while the FDUSD pool will offer 450 million tokens, or 15%. There will be a daily limit on the amount of tokens that can be farmed, with 3.54 million HMSTR tokens available in the BNB pool and 625,000 in the FDUSD pool. The staking period will run from September 23 at midnight UTC until September 25 at 11:59 PM UTC.

HMSTR trading is set to begin on September 26, with trading pairs including HMSTR/USDT, HMSTR/BNB, HMSTR/FDUSD, and HMSTR/TRY. Binance has advised users to be cautious of any premature trading offers before the official trading start date, as these may be fraudulent. To trade HMSTR, users will need to complete Know Your Customer (KYC) verification and the token will include a security seed tag.

Furthermore, HMSTR will be featured in Binance’s Super Earn program, where users can lock their HMSTR tokens to earn additional rewards with special annual percentage rates (APR). More details about this program will be announced soon.