Telegram’s popular “click-to-earn” game Hamster Kombat has announced plans to release its $HMSTR token on the TON blockchain, with an airdrop scheduled for 26th September. This news has generated excitement among players who have been anticipating the move for months.
On 12th September, Binance also revealed that Hamster Kombat would be its 58th Launchpool project. A seven-day farming event will allow users to mine the new $HMSTR token, which is expected to be available on Binance’s Super Earn platform, offering a limited-time annual percentage yield (APY). For context, Toncoin, the previous coin on Super Earn, reached an APY as high as 300%.
Hamster Kombat announces token economics
Hamster Kombat has published an updated whitepaper outlining its tokenomics, with a total supply capped at 100 billion $HMSTR. According to this update, 75% of the tokens will be allocated to players, with 60% distributed via the initial airdrop and 15% earmarked for player rewards in the second quarter.
The remaining 25% will be used to provide liquidity, form partnerships within the ecosystem, and fund team rewards and marketing efforts. Binance Research further specifies that, from this 25%, 3% will be reserved for Binance’s Launchpool, 4% will support liquidity, 8% will go to the team, and 4% will be dedicated to marketing, while 6% will fund partnerships and grants.
source:Binance Research
$HMSTR increased by ten times
An important issue has surfaced concerning the total supply of $HMSTR. Some centralised exchanges (CEXs), such as Gate.io, had previously announced that the token’s total supply would be just 10 billion—significantly lower than the 100 billion figure confirmed by Hamster Kombat’s whitepaper. This discrepancy has caused confusion, with some investors mistakenly basing price predictions on the smaller supply.
Gate.io, BingX, Bybit, and Bitget are among the exchanges that initially reported the 10 billion total supply. However, Hamster Kombat has clarified that future adjustments will align the circulating supply across all platforms. Blockchain advisor and Hong Wang Technology CEO Yan Peiyou noted that this gap in information between Binance and Gate.io could mislead investors. Many users calculate token prices by comparing market capitalisations of similar projects, such as those between governance tokens on AMMs and broader blockchain networks.
The lack of clarity about the $HMSTR supply in the initial whitepaper may have contributed to the confusion, as Binance seems to be operating on more updated information. Nevertheless, there remains significant uncertainty.
related reading:The Hamster Kombat airdrop has been delayed again. Is it a crypto scam or is it for a better distribution experience for players?
$HMSTR pre-market price varies greatly across exchanges
Pre-launch trading of $HMSTR has begun on several exchanges, including Bybit, Gate.io, Bitget, BingX, and OKX. OKX has recorded the largest cumulative trading volume but also shows a significant difference in token prices compared to other platforms.
Currently, OKX’s latest trade price stands at 0.0124 USDT, with a cumulative trading volume of 4 million USDT. By contrast, Bybit lists the token at 0.07 USDT, with a trading volume of 3.1 million USDT. Prices also vary across Gate.io (0.063 USDT), Bitget (0.068 USDT with 2.02 million USDT in trading), and BingX (0.065 USDT).
Although some exchanges have stated that they will adjust prices in line with the updated token supply, these price differences reflect varying expectations from investors.
Hamster Kombat’s Origin
Hamster Kombat, a play-to-earn (P2E) game centred on hamsters, was launched on 25th March this year on Telegram. Players take on the role of a CEO of a cryptocurrency exchange and earn points by clicking on hamsters, engaging in daily sign-ins, inviting friends, or following official media accounts. In June, the game’s developers revealed that Hamster Kombat had attracted 116 million users within just 72 days of its release. On 28th August, they confirmed that $HMSTR would debut on 26th September, coinciding with an airdrop on the TON network.