
Pre-launchpool is a groundbreaking product launched by BingX that lets you stake cryptocurrencies and earn reward points for hot tokens ahead of time. The first Pre-launchpool will feature Hamster Kombat (Point Name: Pre-HMSTR).
Hamster Kombat is a cryptocurrency-based clicker game that has garnered attention for its engaging gameplay and integration with the digital currency ecosystem.
Pre-launchpool Schedule:
Staking Time: 2024-09-18 07:00 to 2024-09-23 07:00 (UTC)
Points Redemption Time: TBD
Spot Listing Time: TBD
*Stay tuned for future announcements on the above TBD times.
Pre-HMSTR Launchpool Details:
Prize Pool Allocation | USDT Prize Pool | 700,000 Pre-HMSTR |
BTC Prize Pool | 300,000 Pre-HMSTR | |
Daily Reward Limit | USDT Prize Pool | 140,000 Pre-HMSTR |
BTC Prize Pool | 60,000 Pre-HMSTR | |
Individual Staking Limit | USDT Prize Pool | 20,000 USDT |
BTC Prize Pool | 0.35 BTC |
Introduction to Pre-HMSTR Points and HMSTR Tokens:
Preset Total Reward Points: 10,000,000,000
Redemption Token Name: HMSTR
Actual HMSTR Total Supply: TBD
Redemption Ratio: TBD (Preset Total Reward Points ÷ Actual Total Supply)
Project Type: GameFi
How to Join BingX Pre-launchpool
Token Staking
Calculation of Reward Points
● To ensure fairness, Pre-launchpool will take multiple random snapshots of the assets staked by participants every hour. It will randomly select three snapshot amounts, calculate the average, and use that to determine the amount of tokens staked by the user during the hour. Rewards will then be issued based on the proportion of tokens staked. Here's the calculation formula:
Hourly reward points = (user's hourly staked token amount ÷ platform's hourly staked token amount) x (daily reward limit ÷ 24)
● User A stakes at time T, the system will calculate the reward point at T+1.
Issuance of Reward Points
Redemption
Total tokens available for redemption = actual total supply of the token ÷ preset total amount of points x total reward points.
● In special cases, the token rewards from the Pre-launchpool points redemption may be credited to your Fund Account in multiple installments. Please keep an eye on official announcements for details.
(Ensure your app is updated to the latest 4.25.0 version, or you can participate via our website.)
See Also:
BingX Pre-launchpool Introduction & User FAQ
Terms & Conditions:
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Participants are required to complete advanced KYC verification to eligible for the event.
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All non-individual accounts, such as market makers and brokers, cannot participate in the Pre-launchpool.
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Any users involved in illegal or malicious activities, such as fraud, participating with multiple accounts, reward farming, will be disqualified and have their rewards revoked.
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BingX reserves the right to the final interpretations of this event, including any modifications, updates to terms, or cancellations.
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BingX will assist users in handling issues related to Pre-launchpool. For any questions, please reach out to our online support for assistance.
Risk Warning:
Cryptocurrencies are highly volatile and subject to various risks, including market, project, technical and compliance-related uncertainties. Therefore, you may experience potential investment losses due to high volatility and various risks associated. Exercise caution, stay informed on the potential risks and invest prudently.
Risk Disclaimer:
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material is for reference only and should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BingX is not responsible for any losses you may incur.
BingX attaches great importance to compliance and has strictly abided by local regulations. Please obey local laws and regulations in your country or region. BingX reserves the right in its sole discretion to amend, change, or cancel this announcement at any time and for any reason without prior notice.
For more information, please refer to our Terms of Use and Risk Warning.