Hamster Kombat Ready to Go Live on Binance, $14B Locked

Coinspeaker
Hamster Kombat Ready to Go Live on Binance, $14B Locked

As its official launch and airdrop date draws closer, the Telegram-based Play-to-Earn (P2E) game Hamster Kombat continues to garner attention. Top cryptocurrency exchange Binance has reiterated its support for the fast-growing game by locking $14 billion worth of FDUSD FDUSD $1.00 24h volatility: -0.3% Market cap: $3.03 B Vol. 24h: $4.18 B and BNB BNB $596.2 24h volatility: -1.6% Market cap: $87.03 B Vol. 24h: $946.35 M .

3 Billion HMSTR Up for Grabs on Binance Launchpool

The funds are designated for the airdrop facilitation of 3 billion HMSTR tokens, which Binance promised to give away during its Launchpool campaign. This 3 billion HMSTR is from 60% of the total supply allocated to the Season 1 airdrop. An additional 15% of the token supply is allocated for a future airdrop in Season 2.

As of Wednesday, September 25, Binance Launchpool had a Total Value Locked (TVL) of $14,116,492,769. The Launchpool project is scheduled to run for three days and will end alongside the HMSTR token listing. The FDUSD pool has 190,551 participants, with more than 2 billion FDUSD locked within the HMSTR airdrop project.

🔥 LAUNCHPOOL ALERT 🔥

⚡️ The @binance community has already locked FDUSD and BNB worth over 14 billion USDT for 3 billion $HMSTR tokens.

⏳ If there's BNB and FDUSD in your portfolio, you can still participate in the $HMSTR Launchpool!

❕ Only 1 day left ❕ pic.twitter.com/YJRKC7yjcT

— Hamster Kombat (@hamster_kombat) September 24, 2024

On the other hand, the number of participants in the BNB pool for the upcoming airdrop totaled 1,309,109, with over 18 million BNB locked. The current status is a clear indication that many crypto enthusiasts and gamers are rushing into the Binance Launchpool to increase their earnings during the HMSTR airdrop. They are required to stake BNB or FDUSD to earn the HMSTR token.

Gamers in the United States are not eligible for the 3 billion HMSTR giveaway. The team behind the Hamster Kombat game has already concluded the token allocation on Telegram.

More Rewards for Hamster Kombat Gamers

Hamster Kombat Season 1 ended on September 20, and the team shared the snapshot’s result. Of the 300 million players it had gathered within the last six months, only 131 qualified for the September 26 airdrop. About 2.3 million players were tagged as cheaters because of the strategy they leveraged to farm the tokens.

Consequently, they were disqualified, and their rewards were taken from them as a punishment for their actions. The team had issued a warning to cheaters after implementing its anti-cheat strategy last week. Hence, its action hardly came as a surprise.

In the meantime, some eligible players have yet to select their preferred withdrawal method. According to Hamster Kombat, about 30.6 million people fall into this category, but they can still claim their airdrop after the deadline.

Apart from the extra earnings from Binance Launchpool, a new reward program was also introduced recently. This is for those who chose to receive their airdrop via Telegram wallet. They can get up to 300% APY on their assets.

The long-awaited listing is less than 24 hours away. At around 10 UTC on the same day, the HMSTR airdrop and on-chain claims will commence. Trading of the token on major exchanges starts at 12 UTC.next

Hamster Kombat Ready to Go Live on Binance, $14B Locked