For the 58th edition of its Launchpool, the cryptocurrency exchange platform Binance welcomes the HMSTR, the token of the now famous Tap to Earn Hamster Kombat. Thus, for a period of a few days, BNB or FDUSD holders will be able to obtain HMSTR tokens before their listing. How to participate in this Launchpool to obtain HMSTR tokens?
This article is brought to you in commercial collaboration with Binance (learn more)
How to participate in Hamster Kombat Binance Launchpool?
For the 58th iteration of its launchpool, Binance to Welcome Tap to Earn Hamster Kombat Token HMSTR hosted on Telegram's The Open Network (TON) blockchain.
By temporarily committing BNB and/or FDUSD to the Binance Launchpool pools, Users will be able to obtain HMSTR tokens at the end of the farming period. This was opened on September 23, and will close on September 25 at midnight.
Trading of the HMSTR token will be possible on Binance with the HMSTR/BNB and HMSTR/TRY pairs from the next day, September 26 at noon.
Earn HMSTR tokens by participating in Hamster Kombat's Binance Launchpool
To participate in this initiative, All you need to do is create an account on Binance, buy or hold BNB and/or FDUSDthen go to the tab ” More ” and to choose “Launchpad and Launchpool”.
From there, you can immediately stake your BNB and/or FDUSD, fee-free, to start farming HMSTR tokens.
💡 Find our detailed guide to participate in a Binance Launchpool
Once this lockdown period of a few days is over, Binance will distribute up to 3 billion HMSTR tokens to participants in this Launchpool, representing 3% of the total HMSTR token supply. Regarding the token sharing, 2.5 billion will be paid to participants who have locked BNB tokens, while 450 million tokens will be transferred to those who have locked FDUSD in the dedicated pool.
With HMSTR tokens listed starting September 26 at noon, Binance Launchpool participants will have the opportunity to sell or keep their winnings if they wish. According to Binance's statement, It will also be possible to deposit the HMSTR tokens earned in order to be rewarded through the Binance Earn program..
Here is the important information regarding the Binance Launchpool for Hamster Kombat and its HMSTR token:
- The farming period on Binance using BNB and/or FDUSD will end on September 25 at 23:59 UTC;
- 4.5 billion HMSTR tokens (85% of the Launchpool) will be paid to participants who locked BNB, while the remaining 450 million tokens will be paid to those who locked FDUSD;
- The number of tokens awarded to each user will be determined based on the amount of BNB and/or FDUSD deposited into the pools, as well as the total farming duration;
- The HMSTR token will be listed on Binance on September 26 at 12:00 UTC, with the HMSTR/BNB and HMSTR/TRY trading pairs.
Earn HMSTR tokens by participating in Hamster Kombat's Binance Launchpool
What is Hamster Kombat and what is the HMSTR token used for?
Developed on The Open Network, the Telegram app blockchain, Hamster Kombat started the “Tap to Earn” movementa game format that requires tapping on your phone's screen to earn virtual rewards. Specifically, in Hamster Kombat, players can earn virtual coins that allow them to upgrade their in-game tools.
🎥 Watch our video to get your Hamster Kombat airdrop 👇
👉 Need a guide to use Binance? Here is our complete review and tutorial on Binance
Regarding the usefulness of the HMSTR token, it will serve as an in-game currencyfor example to purchase skins, evolutions or to benefit from premium services such as dedicated assistance, community tools or even kits for video game developers.
At the same time, owning Hamster Kombat HMSTR tokens will allow you to access exclusive events, participate in team activities, player versus player (PvP) fights or live events.
Earn HMSTR tokens by participating in Hamster Kombat's Binance Launchpool
Source: Binance
The #1 Crypto Newsletter 🍞
Receive a daily crypto news recap by email 👌
What you need to know about affiliate links. This page may feature investment-related assets, products, or services. Some links in this article may be affiliate links. This means that if you purchase a product or sign up for a site from this article, our partner pays us a commission. This allows us to continue to provide you with original and useful content. There is no impact on you and you can even get a bonus for using our links.
Investing in cryptocurrencies is risky. Cryptoast is not responsible for the quality of the products or services presented on this page and could not be held responsible, directly or indirectly, for any damage or loss caused following the use of a good or service highlighted in this article. Investments related to crypto-assets are risky by nature, readers must do their own research before taking any action and only invest within the limits of their financial capacities. This article does not constitute investment advice.
AMF recommendations. There is no guaranteed high return, a product with a high return potential implies a high risk. This risk-taking must be in line with your project, your investment horizon and your ability to lose part of these savings. Do not invest if you are not prepared to lose all or part of your capital.
To go further, read our Financial Situation, Media Transparency and Legal Notices pages.
Cryptoast is the leading French-language media outlet on Bitcoin, blockchain, cryptocurrencies and Web3. Since its launch in 2017, it has attracted more than 10 million annual visits and has more than 500,000 subscribers on its social networks. Cryptoast articles can be viewed on Bloomberg and translated into 9 languages with the code {NH NS5_CRYPTOAST}. The media outlet has also published a book on Bitcoin and cryptocurrencies with Larousse publishing, asserting its expertise and influence in the field.
