Hamster Kombat on Binance Launchpool: get HMSTR tokens for staking BNB or FDUSD
Crypto exchange Binance continues to organize token farming campaigns for mini-apps on Telegram. Thus, Hamster Kombat becomes the third such project after Notcoin and Dogs.
Each token launch campaign on Binance is a high-profile event in the crypto community that is hard to avoid. So, in total, this is the 58th participant of the Binance Launchpool, which was announced by the exchange team.
Thus, users have the opportunity to make a profit for holding their own BNB and/or FDUSD tokens in the respective pools and claim a share of HMSTR tokens before the listing, the total supply of which is 100 billion, and 3% is allocated for the launchpool.
In this article, we will take a closer look at the launchpool and show how to register for participation.
More about Hamster Kombat Launchpool
The opportunity to join the HMSTR passive accumulation will open on September 19, 2024 at 00:00 UTC. After the farming opens, you will need to deposit the exchange’s native BNB token and/or FDUSD stablecoin.
All eligible participants will qualify for a share of the HMSTR token distribution depending on the amount of the locked tokens. During the balance snapshot period, the users’ balance and the total pool balance are recorded every hour to calculate the rewards.
The maximum amount that can be distributed in one day is 428,571,428 HMSTR (364,285,714 for BNB and 64,285,714 billion for the FDUSD pool). Thus, as the number of users increases, the reward decreases. Therefore, to maximize the reward, you need to join the farming at the very beginning, when there are fewer stakers.
A total of 3 billion HMSTR will be distributed among the participants of the Hamster Kombat lounge pool:
- BNB pool: HMSTR 2.55 billion (85%);
- FDUSD pool: 450 million HMSTR (15%).
If you don’t have a Binance account, you can sign up for one here.
How to participate in the Hamster Kombat Launchpool
Note: screenshots are used from the previous campaign for illustration purposes.
- Follow the link and select Hamster Kombat. Click Lock in the desired pool:
- Enter the amount you want to place in the pool and click Stake.
- Wait for the distribution to complete. The tokens will be automatically credited to the participants’ spot account.
- The received tokens will be sold during the listing, which will take place on September 26, 2024 at 12:00 UTC.
Conclusion
To maximize your rewards, you need to get involved in farming at the very beginning. Take into account all the risks if you decide to specifically purchase BNB for this campaign. For users who have previously owned a native BSC token, participation will only cost them a liquidity lock for the duration of the campaign.
Highlights:
- staking until September 26, 00:00;
- farming period – 7 days.
Useful links: Website | X | Telegram
If you have any questions while completing the activity, you can ask them in our X.
All information is provided for informational purposes only and should not be used as a basis for making investment decisions, nor should it be considered as a recommendation or advice to participate in investment transactions. Do Your Own Research.