By Nermeen Nabil TLDR:
Hamster Kombat launching HMSTR token airdrop on September 26, 2024
60 billion HMSTR tokens (60% of supply) to be airdropped
Binance listing HMSTR token on September 26
Binance Launchpool offering 3 billion additional HMSTR tokens
Concerns about potential network congestion due to high demand
Hamster Kombat, the popular blockchain-based game, is gearing up for a major milestone with the launch of its HMSTR token airdrop and Binance listing on September 26, 2024.
This event marks a big development for the game, which has attracted millions of players since its release in March 2024.
The Hamster Kombat airdrop will distribute a substantial 60 billion HMSTR tokens, representing 60% of the total token supply. This distribution aims to reward early players and supporters of the game.
The allocation of tokens will be based on individual gameplay progress, with players who have achieved more in the game receiving larger shares of the airdrop.
Hey CEOs!
We’re happy to announce that the total supply of $HMSTR tokens will be 100 billion coins.
More details on the Binance announcement:
• Along with the listing, there will be Binance Launchpool and Super Earn features available for the $HMSTR token
•…
— Hamster Kombat (@hamster_kombat) September 12, 2024
Binance is offering users the opportunity to farm an additional 3 billion HMSTR tokens through its Launchpool feature.
This represents 3% of the total HMSTR supply and will be available from September 19 to September 25, 2024. Participants can lock their BNB and FDUSD tokens during this period to earn HMSTR tokens.
Binance announced the introduction of Hamster Kombat (HMSTR) as the 58th project on its Launchpool platform on September 12, 2024.
Of the 3 billion HMSTR tokens allocated for the Launchpool, 85% (2.55 billion tokens) will be distributed to users who lock BNB, while the remaining 15% (450 million tokens) will be awarded to FDUSD holders.
Trading of HMSTR will begin on Binance on September 26, 2024, at 12:00 UTC. It will be available in several trading pairs, including HMSTR/USDT, HMSTR/BNB, HMSTR/FDUSD, and HMSTR/TRY. The token will carry a “seed” tag to indicate that it is newly listed.
Binance is also introducing HMSTR to its Super Earn program, which allows users to lock tokens for a specific duration to earn a special annual percentage rate (APR).
While the exact APR for HMSTR will be announced later, the program will offer a 7-day locked period for users to earn the special APR rewards.
The Super Earn rewards will be available on a limited-time basis, and users will be able to subscribe to up to 30,000 HMSTR tokens each, with 100 million HMSTR tokens reserved for the program.
Hamster Kombat has quickly become one of the most popular Telegram-based games since its launch. The game is built on the TON blockchain and puts players in charge of managing a hamster-owned cryptocurrency exchange.
Players earn coins by tapping their hamster, which can then be used to improve their exchange by adding new features such as licenses and trading pairs.
While the airdrop and listing news has generated excitement among the game’s community, it has also raised some concerns about potential technical issues.
These worries stem from recent problems experienced by the TON network during another high-profile airdrop event. In August, the network faced significant disruptions and downtime due to the overwhelming demand generated by the DOGS airdrop.
Given Hamster Kombat’s larger player base, there are questions about whether similar issues might arise during the HMSTR airdrop.
The developers and the TON network will likely be preparing for high traffic and demand to avoid repeating the problems experienced during the DOGS event.
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Nermeen Nabil Khear