The post Earn Hamster Kombat (HMSTR) by Staking BNB or FDUSD on Binance Launchpool appeared on BitcoinEthereumNews.com.

The leading cryptocurrency exchange, Binance, has announced Hamster Network as the next project featured on their Binance Launchpool staking platform. Starting on September 23, you will be able to earn Hamster Kombat (HMSTR) tokens on Binance simply by staking your BNB or the FDUSD stablecoin. You’ll be able to withdraw the coins you’ve staked at any time and keep the HMSTR token rewards. The HMSTR launchpool campaign will last 3 days, until September 26. The amount of token rewards you earn will depend on how many coins you stake. Earn HMSTR Token on Binance Binance plans to distribute 1% of the total HMSTR token supply to users on Launchpool. This translates to 1 billion HMSTR tokens (worth about $81 million according to premarket rates) out of a total supply of 100 billion tokens. 85% of these rewards will be distributed to BNB stakers, while the FDUSD staking pool will receive 15%. However, this doesn’t necessarily mean that you will earn more HMSTR if you stake BNB rather than the stablecoin. It all depends on how big your stake is relative to the size of the entire staking pool.  Introducing, @hamster_kombat $HMSTR on #Binance Launchpool and Super Earn. Read more 👉 https://t.co/9fSqBKrNEz pic.twitter.com/T0DJxa0MNc — Binance (@binance) September 12, 2024 At the conclusion of the Hamster Kombat Launchpool campaign, Binance will list HMSTR on September 26. What is Hamster Kombat (HMSTR)? Hamster Kombat is a viral phenomenon that was launched as a mini-app on Telegram in March 2024. At its core, it is a clicker (or “tapper”) game simulating running a cryptocurrency exchange.  In the relatively brief period since its launch, the game amassed over 300 million users, 35 million YouTube subscribers, and 12 million Twitter followers, becoming the “fastest-growing digital service in the time period,” according to Telegram founder Pavel Durov.…

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Filed under: News - @ September 13, 2024 1:27 pm