Towns announces the TOWNS token economic model: Airdrop 9.87%, Community Reserve 43.14%

The TOWNS token is about to launch,
with an initial supply of 10.128 billion tokens,
its token distribution includes node inflation accounting for 1.27%,
first-year nodes 7.9%,
team 21.46%,
investors 13.74%,
public investors 2.62%,
airdrop 9.87% and community reserve 43.14%.

TOWNS has raised approximately $39.91 million from Coinbase Ventures, Benchmark, Framework Ventures, etc., and the protocol has processed over $30 million in revenue, generating more than $3 million in protocol fees, while sending over $2.7 million in tips through the protocol.

Towns Protocol plans to buy back and burn $TOWNS tokens through fees, having generated over $2.1 million in fees since its launch.

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Portal
https://app.towns.com/t/0x3a7de12de7b69d672ae29d5bbfb84f89248498b7/

#BNB创新高