Brevis announces tokenomics, with a total supply of 1 billion tokens and 32.2% allocated for community incentives

On December 25th, the ZK smart verifiable computation platform Brevis announced its tokenomics model. Its token BREV has a total supply of 1 billion tokens, with the following distribution: · Ecosystem Development: 37% of the total supply, used for ecosystem growth, R&D, strategic partnerships, initial market building, and long-term protocol expansion; · Community Incentives: 32.2% of the total supply, allocated for rewards to validators, stakers, and community contributors, including initial airdrops to eligible contributors and community members; · Team: 20% of the total supply, distributed to Brevis’s current and future core developers and contributors; · Investors: 10.8% of the total supply, allocated to seed round investors of Brevis. The ecosystem development and community incentive plans will be linearly unlocked over 24 months after TGE, with 14.50% and 10.50% of tokens circulating at TGE respectively. The allocations for the team and investors are fully locked during the first year after TGE with no initial unlock, and will then be linearly unlocked over 24 months. Additionally, the airdrop registration portal will be launching soon.