Binance Locks $14 Billion for Hamster Kombat Token Launch

TLDR

• Binance Launchpool locked over $14 billion for Hamster Kombat (HMSTR) token airdrop
• HMSTR listing scheduled for September 26 on Binance
• 3 billion HMSTR tokens to be distributed through airdrop
• Over 190,000 participants in FDUSD pool and 1.3 million in BNB pool
• Hamster Kombat’s interlude season began after conclusion of Season 1

Binance, one of the world’s largest cryptocurrency exchanges, is gearing up for a major token launch.

The platform’s Launchpool has locked over $14 billion in preparation for the listing of Hamster Kombat (HMSTR), a Telegram-based play-to-earn (P2E) game.

This development marks a significant milestone for both Binance and the Hamster Kombat project.

As of September 25, 2024, the total value locked in Binance Launchpool reached $14,116,492,769. This impressive figure comes from users staking their BNB and FDUSD tokens to participate in the HMSTR token airdrop.

The airdrop will distribute 3 billion HMSTR tokens to eligible participants.

The Launchpool project for HMSTR is set to run for three days. During this time, users can stake their tokens to earn a share of the HMSTR tokens.

The FDUSD pool has attracted 190,551 participants, with over 2 billion FDUSD locked. The BNB pool has seen even greater participation, with 1,309,109 users locking up more than 18 million BNB.

Hamster Kombat’s listing on Binance is scheduled for September 26, 2024. On this day, several key events will take place. At 10:00 UTC, the HMSTR airdrop and on-chain claims will begin. Trading of HMSTR tokens will start at 12:00 UTC on the same day.

🔥 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

The token allocation process for HMSTR has already concluded within the game on Telegram. This step prepares the way for the upcoming listing and trading activities on Binance.

Hamster Kombat is a unique P2E game that simulates the role of a cryptocurrency exchange CEO. Players can use special cards to boost their profits within the game.

The project recently concluded its first season and has now entered an interlude phase. During this interlude, the gameplay focuses on collecting diamonds in-game.

The massive lock-up of funds in the Binance Launchpool shows the high level of interest in the Hamster Kombat project. It also demonstrates the power of Binance’s platform to attract and support new crypto projects.

The upcoming listing of HMSTR on Binance is expected to bring more attention to the Hamster Kombat game. It may also lead to increased activity and user engagement within the game’s ecosystem.

As the launch date approaches, both Binance and the Hamster Kombat team are likely working to ensure a smooth listing process.

The high level of participation in the Launchpool suggests that there may be significant trading activity when HMSTR becomes available on the exchange.