What is Hamster?

Hamster (HAM) is a digital asset that seeks to provide autonomy and resilience against market fluctuations. Established in May 2021, Hamster is a decentralized token that aims to contribute to its community. The token operates on a certain blockchain, chosen for its cost-effectiveness, high gas block limit, and efficient block times. Hamster's ecosystem is supported by a community of enthusiasts who share the project's vision and values. The token's total supply is 10 quadrillion HAM, with a distribution strategy that includes public allocation, FD Reserve, DEX Launch & Treasury, Team & Advisors, and a burn mechanism to manage the circulating supply.

How does Hamster work?

Hamster operates on a decentralized exchange, HamsterSwap, which is currently under development. The exchange seeks to enable anonymous transactions with minimal information on each participant, without requiring KYC or other types of verification and AML. All trades and transactions will happen through a user’s wallet with express permission using smart contracts. Hamster also has a distinct fee structure, including a "Marketing Fee", "Liquidity Fee", and "BTC Rewards Fee" charged on all transfers. The fees are stored in the contract balance and used to fund BTCB Rewards, the Marketing Wallet, and Liquidity adds. To be eligible for rewards, a user must hold 75,000,000,000 HAM tokens.

What are the potential use cases for Hamster?

Hamster seeks to be an asset in the decentralized finance (DeFi) space. It aims to provide a platform for users to trade and transfer assets without the need for trusted intermediaries. The HamsterSwap exchange, once developed, will allow users to conduct anonymous transactions, enhancing privacy and security. Hamster also intends to compensate its holders, providing an incentive for users to hold and use the token. The project also plans to venture into the NFT and Metaverse spaces, indicating potential future use cases in these emerging digital arenas.

What is the history of Hamster?

Hamster was created in May 2021 as a meme token. Despite having no centralization and funds for development, the team behind Hamster was united by a strong belief in a novel idea. They managed to build an ecosystem supported by a community. The project chose to operate on a certain blockchain due to its cost-effectiveness and effectiveness. Hamster had a roadmap that included the creation of the HamsterSwap exchange, the launch of an NFT project, merchandise integration, and the development of a Metaverse project. The project also plans to develop Hamwallet, a wallet for storing and managing Hamster tokens.