$TOWNS Tokenomics Overview
The official documentation for Towns Protocol has revealed a comprehensive overview of the tokenomics for $TOWNS, confirming that the airdrop will be fully unlocked at Token Generation Event (TGE). Here are the key details:
Token Supply
- $TOWNS operates on an inflationary model
- Initial token supply: 10.13 billion tokens
- Maximum token supply (including inflation): potentially exceeding 15.3 billion
Allocation Breakdown
- Community Reserve: 43.14%
- Team: 21.46%
- Early Investors: 13.74%
- Public Investors: 2.62%
- Airdrop: 9.87%
- Node rewards (Year 1): 7.90%
- Node inflation: 1.27%
Vesting + Unlocks
- Team, investors, and reserves tokens are locked and will vest gradually
- Airdrop tokens will be fully unlocked at TGE
- Node rewards will be distributed to active validators
- Ongoing node inflation will result in regular payouts
Despite the inflationary nature of the model, the protocol intends to utilize ETH fees for buyback and burn to counterbalance dilution. During TGE, only 13.4% of tokens (1.37 billion) will be liquid, which is relatively reasonable compared to typical launches.
The team has also mentioned that the airdrop will be divided into two stages, with early adopters receiving a larger portion. However, the complete distribution mechanics are still unclear.
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