$TOWNS Towns Protocol (TOWNS) – Recent Highlights
Towns Protocol has officially launched its native token, $TOWNS
TOWNS, in early August 2025, debuting on major platforms including Binance and Bitget's Innovation Zone starting August 5 for spot trading pairs like TOWNS/USDT, USDC, BNB, and more. Withdrawal became available one day later on August 6 . This listing significantly boosts TOWNS’s visibility and trading liquidity.
Earlier in the year, TOWNS raised $10 million in Series B funding (April 2025), led by a16z Crypto, alongside Coinbase Ventures and Benchmark, to fuel growth of its decentralized communication infrastructure . The token later generated significant buzz in Binance’s HODLer Airdrop program, rewarding BNB holders with ~305.8 million TOWNS (~3% of genesis supply) based on July 2025 snapshots .
From a tokenomics standpoint, the genesis supply launched with approximately 10 billion $TOWNS
TOWNS, with roughly 20–21% (~2.1 billion) in circulation at launch (around 10% allocated to the initial airdrop for early community contributors) . The long-term economic design includes an annual inflation rate of 8% in Year 1, tapering gradually to 2% over 20 years. Inflation rewards are distributed biweekly to node operators and delegators, with unused earned fees used for programmatic buy‑backs and burns to promote scarcity .
Meanwhile, utilities of the token are live: holders can stake and delegate to node operators, receive rewards, participate in on‑chain governance via DAO proposals, monetize chat « Spaces » with subscriptions or tips, and help secure data throughput across Towns’ Base-based streaming infrastructure .
The protocol has also completed notable ecosystem milestones: a successful TGE in Q2 2025, multi-platform exchange listings (Binance, ONUS, Bitget), and engagements in Binance airdrop initiatives—all reinforcing Towns' growing traction among users and investors alike .