Key highlights
- Highstreet, an open-world blockchain-powered metaverse, is the latest project featured on Binance Launchpool
- Binance users can stake their BNB or BNB holdings to farm the native HIGH token rewards
- There are a total of 1 million HIGH tokens allocated for Binance Launchpool users
Earn HIGH by staking BUSD and BNB, the farming period ends January 16, 2022
Binance, the world’s largest digital asset exchange, has introduced Highstreet (HIGH) on its Launchpool platform. Binance users will have the opportunity to stake their Binance USD (BUSD) and Binance Coin (BNB) funds and earn staking rewards in HIGH tokens. The farming period ends on January 16, 2022.
Highstreet is an open-world metaverse that combines MMORPG elements with play-to-earn (P2E) mechanics, allowing players to collect and trade in-game non-fungible tokens (NFTs).
HIGH token holders can participate in the governance process of the Highstreet platform and access special in-game areas, buy limited edition gaming items and participate in exclusive community events.
The Highstreet team aims to provide a seamless experience no matter which players decide to game on. The metaverse will be accessible to both mobile and desktop users, albeit with different feature sets. The PC version allows players to experience the full wonder of virtual reality, while mobile players are restricted to a “monster tamer” game mode.
There are a total of 1 million HIGH tokens allocated to Launchpool. A fifth of HIGH tokens will be distributed to BUSD stakers, while 80% will be allocated to Binance users that contributed their BNB. At the moment, Binance customers have the opportunity to earn 4.05% APY on their BUSD and 6.99% on their BNB pool investment. Rewards are updated hourly.
The HIGH token is already trading on Binance in BUSD, USDT, and BTC trading pairs. The gaming token is currently changing hands at $12.49, up more than 12 times since its initial token sale price (expressed in USD).
