Brevis announces token economics: total supply of 1 billion tokens, with 32.2% allocated for community incentives

The ZK smart verifiable computing platform Brevis has announced its token economic model, with a total supply of 1 billion BREV tokens, distributed as follows:

1. 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;
2. Community Incentives: 32.2% of the total token supply, used for rewards for validators, stakers, and community contributors, including different categories of initial airdrops to eligible contributors and community members;
3. Team: 20% of the total token supply, allocated to current and future core developers and contributors of Brevis;
4. Investors: 10.8% of the total token supply, allocated to Brevis's seed round investors.

Ecosystem development and community incentive plans will be unlocked linearly over 24 months after the TGE, with 14.50% and 10.50% of tokens circulating at TGE, respectively. The allocation for the team and investors will be fully locked for the first year after the TGE, with no initial unlock, and will then be distributed according to a 24-month linear unlock schedule. Additionally, the airdrop registration portal will be launched soon.