The Binance Towns Hodler Airdrop is a distribution of TOWNS tokens to eligible Binance users. It is part of Binance's HODLer Airdrops initiative, which rewards users for holding BNB. Here's a breakdown of the key details:
What is Towns (TOWNS)?
Towns is a decentralized communication infrastructure project. It's designed to enable developers to create real-time messaging apps with features like encrypted messaging, on-chain memberships, and monetization through smart contracts. The project includes an EVM-compatible Layer 2 blockchain and decentralized relay nodes.
Who is Eligible for the Airdrop?
Users who held or subscribed their BNB to certain Binance products during a specific snapshot period were eligible. For the Towns airdrop, the snapshot period was from July 14 to July 17, 2025 (UTC). Specifically, users who had their BNB subscribed to BNB Simple Earn (Flexible and/or Locked) or On-Chain Yields products were qualified.
How Does it Work?
Binance takes snapshots of users' BNB holdings in these eligible products over the specified period. The amount of TOWNS tokens you receive is based on your average BNB holdings during this time. The tokens are then distributed directly to the eligible users' Spot Wallets. No manual action is required to claim the airdrop.
Airdrop Details:
* Total Airdrop Allocation: Approximately 305.8 million TOWNS tokens, which is about 3.02% of the Genesis total supply.
* Genesis Total Supply: Over 10.12 billion TOWNS.
* Circulating Supply at Listing: Approximately 2.11 billion TOWNS.
Listing Information:
Binance will list TOWNS for spot trading on August 5, 2025, with trading pairs including TOWNS/USDT, TOWNS/USDC, TOWNS/BNB, TOWNS/FDUSD, and TOWNS/TRY. The token will also be designated with a "Seed Tag," which indicates it is an innovative project that may have higher volatility.