Towns Protocol has opened eligibility checks for airdrops, with staking resulting in a 50% increase in token allocation. All funds must adhere to a 30-day withdrawal period.
Binance has announced that Towns Protocol (TOWNS) has been added to its HODLer Airdrops program, with a substantial reward of 305.8 million TOWNS tokens distributed to eligible BNB holders. This airdrop is part of Binance's broader strategy to incentivize ecosystem engagement through on-chain yields and decentralized innovation support [1].
Towns Protocol is a decentralized communication infrastructure project that offers an EVM-compatible L2 blockchain and encrypted communication features. It allows developers to create real-time messaging apps with on-chain memberships, staking mechanisms, and monetization through smart contracts [2]. The protocol is designed to enhance user privacy and control within the blockchain space.
Eligible users who subscribed their BNB holdings to Binance's Simple Earn or On-Chain Yields products between July 14 and July 17, 2025 (UTC), are eligible to receive TOWNS tokens. The airdrop encompasses over 305.8 million TOWNS tokens, accounting for slightly more than 3% of the Genesis total supply [1].
Binance will list TOWNS on August 5, 2025, at 14:30 UTC, with trading pairs including TOWNS/USDC, TOWNS/BNB, and others. The asset will debut with the Seed Tag on Binance Alpha, a platform designed to showcase early-stage projects with growth potential in the Web3 ecosystem. The Seed Tag indicates that the project may exhibit higher volatility compared to more established listings, and users are advised to conduct their own research before investing [2].
The inclusion of TOWNS in Binance’s HODLer Airdrops program reflects the platform’s ongoing efforts to support decentralized innovation. By selecting projects that align with its vision for blockchain development and user empowerment, Binance continues to foster a dynamic ecosystem that encourages participation in decentralized applications [3].
For Binance users, the TOWNS airdrop offers an accessible way to benefit from the platform’s expanding ecosystem. The integration of the airdrop into existing interfaces ensures a seamless experience for a wide range of participants, from casual users to more experienced investors. This approach supports Binance’s goal of increasing on-chain activity and promoting broader adoption of decentralized services [4].
The rollout of the 30th HODLer Airdrops project underscores Binance’s long-term engagement with the crypto community. By supporting diverse and innovative protocols like TOWNS, Binance reinforces its role as a facilitator of blockchain development and a key player in the evolution of decentralized finance. The TOWNS listing marks another step in the platform’s mission to decentralize the digital economy and empower its user base through strategic airdrops and product offerings [5].
References:
[1] Binance, [2] Binance, [3] PANews, [4] Coinlive, [5] CoinGecko
[1] https://www.binance.com/en/square/post/08-04-2025-binance-adds-towns-towns-to-hodler-airdrops-retroactive-rewards-for-bnb-simple-earn-users-27857994409409
[2] https://www.binance.com/en/square/hashtag/BinanceHODLerTOWNS
[3] https://www.panewslab.com/en/articles/87c15f14-8c83-4a4f-ae21-b41ba94fbe3d
[4] https://www.coinlive.com/news-flash/864231
[5] https://www.coingecko.com/en/coins/usdc/btc
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