According to PANews, Brevis has released the token economic model for $BREV, the core utility and governance token of the Brevis ProverNet. The total supply is 1 billion tokens, with 32.20% allocated to community incentives. The token will be used for paying zero-knowledge proof generation and verification fees, staking, and granting governance rights. Validators must stake BREV or accept delegated stakes to participate, and violations will result in slashing. The network will initially deploy on Base and later migrate to a dedicated rollup, where $BREV will serve as the native gas token. The token allocation includes 37% for ecosystem development, 20% for the team, and 10.80% for seed investors.
Brevis Announces $BREV Tokenomics: 1 Billion Supply, 32.20% for Community Incentives
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Summary
Brevis has revealed the tokenomics for $BREV, the token of the Brevis ProverNet. The token supply is 1 billion, with 32.20% reserved for community incentives. $BREV will be used for zero-knowledge proof fees, staking, and governance. Validators must stake the token or face slashing. The network will launch on Base before moving to a dedicated rollup. Token allocation includes 37% for ecosystem growth, 20% for the team, and 10.80% for seed investors.
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