Earn free TOWNS with your BNB: this is how Binance's HODLer Airdrop works

In a Web3 world where community is everything, TOWNS Token emerges as a native currency that transforms the way we interact and build digital relationships. Designed to strengthen decentralized communities, TOWNS allows its members to participate in governance and benefit directly from their online activity.

If you're looking for ways to earn cryptocurrencies without spending a penny, this is your perfect opportunity: Binance HODLer Airdrop, a modality that rewards you with TOWNS simply for holding your BNB in products like Simple Earn. No purchases, no complications: you just need to HODL strategically.

What is TOWNS?

TOWNS is the governance and utility token of Towns, an innovative decentralized community platform where users can create, join, and participate in "digital cities" designed around shared interests and values.

Built on OP Stack as a layer 2 chain, Towns combines Ethereum's scalable infrastructure with advanced social tools that allow communities to operate without intermediaries.

With TOWNS, participants can:

  • Govern the rules and dynamics of your community through voting.

  • Make secure and efficient payments within the ecosystem.

  • Access exclusive experiences and features designed for each "city".

  • Encourage participation and organic community development.

This architecture allows any group of people with a common vision to create their own sovereign digital space. In short, TOWNS turns online communities into living ecosystems managed by their own members.

Towns Interface. Source: Towns Protocol website

Why is TOWNS relevant now?

TOWNS has gained attention after the announcement of its listing on Binance, which has exposed it to a global community of users. It is now part of the HODLer Airdrops program, a tool designed to incentivize participation by distributing tokens to those who already own BNB.

This modality allows users to obtain new assets, such as TOWNS, without having to buy them directly. It is enough to keep $BNB subscribed in products such as Simple Earn or On-Chain Yields to qualify, which makes HODLer Airdrops an accessible tool to explore innovative Web3 projects.

If you already have BNB, this may be a good opportunity to get free TOWNS and get to know a platform that is committed to strengthening the role of decentralized communities.

How to earn TOWNS on Binance with HODLer Airdrops

Do you have BNB in your account and want to earn free TOWNS? Here's how to participate in HODLer Airdrops step by step:

  1. Go to the [Earn] section on Binance.
    Search for "BNB" within the Earn section to see the available options.

  2. Subscribe your BNB.
    You can choose between products of Simple Earn (flexible or locked) or On-chain Yields. By subscribing, your BNB begin to generate eligibility for airdrops.

  3. Accumulate average balances
    Binance will take various snapshots every hour to calculate your average balance in BNB. Random periods within the weeks following the announcement will be used to determine your participation.
    Example: airdrop rewards on June 11 could be based on average balances between June 1 and June 7.

  4. Receive TOWNS automatically.
    If you qualify, you will receive the TOWNS directly in your spot account within 24 hours of the airdrop announcement.

Subscribe your BNB today in Simple Earn or On-Chain Yields and start generating passive rewards.

Towns Protocol Explorer. Source: Towns Protocol website

Benefits of participating

  • 🎁 Earn free tokens: no need to buy TOWNS directly.

  • ⏱️ Monetize your HODLing: take advantage of your idle BNB.

  • 🤝 Support Web3 projects: like Towns, which promotes communities managed in a decentralized way.

Important considerations

  • During the lock-up period (in Simple Earn Locked), you will not be able to use or withdraw your BNB.

  • It is not necessary to buy TOWNS: you will receive them as a reward for participating.

  • Binance calculates rewards proportionally based on the amount of BNB you keep subscribed and the time you keep them in the program.

  • The elibigility criteria and calculation periods may vary, depending on Binance's internal policies and the specific conditions of each HODLer Airdrop.

TOWNS represents a new vision for social networks and online communities in the Web3 era. Thanks to Binance's push through the HODLer Airdrops program, you have the possibility to get involved early. Explore this possibility and become part of the future of decentralized communities!

Participate now in HODLer Airdrop and see all previous projects here.

What do you think?

Would you join the TOWNS airdrop? Did you already know the project? Comment, share!.

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Note: This article should not be considered financial advice. Always do your own research and make informed decisions when investing in cryptocurrencies.

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