- Users can stake BNB/FDUSD tokens to farm HMSTR rewards from Sept 23-25.
- 3 billion HMSTR tokens (3% of total supply) will be distributed in BNB and FDUSD pools.
- Trading for HMSTR starts Sept 26; KYC required to participate.
Binance is set to launch Hamster Kombat (HMSTR) as the 58th project on its Launchpool, offering rewards to participants who stake their BNB tokens. This move is part of the exchange’s strategy to expand its ecosystem and attract a broader user base.
Starting September 23rd, users can stake BNB and FDUSD tokens to earn HMSTR token airdrops over three days. Participants will receive approximately 3 billion HMSTR tokens, representing 3% of the total supply, as rewards. The staking will be split into BNB and FDUSD pools for easy participation.
Token Distribution and Farming Details
The BNB pool will offer 2.55 billion HMSTR tokens, accounting for 85% of the rewards. Meanwhile, the FDUSD pool will distribute 450 million tokens, or 15% of the rewards.
The daily amount of tokens that can be farmed is capped, with a limit of 3.54 million HMSTR in the BNB pool and 625,000 HMSTR in the FDUSD pool. The farming period will run from September 23rd, 00:00 UTC, to September 25th, 23:59 UTC.
HMSTR Trading and Super Earn
After the farming period, HMSTR trading will begin on September 26th, with pairs including HMSTR/USDT, HMSTR/BNB, HMSTR/FDUSD, and HMSTR/TRY. The exchange has cautioned users against any premature offers to trade the token before this date, as they are likely scams. The token will have a seed tag for security purposes, and users must complete Know Your Customer (KYC) requirements to participate.
Read also: Telegram’s Hamster Kombat: The Rise of Tap-to-Earn Era and Fall of Play-to-Earn
Binance also plans to include HMSTR in its Super Earn program, allowing users to lock their HMSTR tokens to earn special APR rewards. Specific details about this program will be announced at a later date.
Hamster Kombat is a play-to-earn (P2E) game built on the Telegram mini-app platform. The project is one of the largest and most successful Telegram-distributed “clicker” games, with over 300 million active users.
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