Brevis publishes Tokenomics, total supply of 1 billion coins with 32.2% allocated for community incentives

BlockBeats News, December 25, Brevis, a ZK Rollup-based smart contract platform, announced its tokenomics model. The total token supply of the BREV token is 1 billion, with the following specific allocations:

· Ecosystem Development: 37% of the total token supply, used for ecosystem development, research and development, strategic partnerships, initial market building, and long-term protocol expansion;

· Community Incentives: 32.2% of the total token supply, allocated for rewards to validators, stakers, and community contributors, including distributing different categories of initial airdrops to eligible contributors and community members;

· Team: 20% of the total token supply, allocated to current and future core developers and contributors of Brevis;

· Investors: 10.8% of the total token supply, allocated to Brevis's seed round investors.

The Ecosystem Development and Community Incentives plans will have a linear unlock over 24 months post TGE, with 14.50% and 10.50% of the tokens circulating at TGE, respectively. The allocations for Team and Investors will be fully locked for the first year post TGE with no initial unlock, followed by a distribution on a 24-month linear unlock schedule. Additionally, the airdrop registration portal will soon go live.