Original | Odaily Planet Daily (@OdailyChina)
Yesterday, Brevis, favored by Vitalik, announced its token economic model on the X platform. Its token BREV has a total supply of 1 billion tokens, with the specific distribution as follows:
- Ecosystem Development: 37% of the total token supply, or 370 million tokens, allocated 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, or 322 million tokens, allocated for rewards to validators, stakers, and community contributors, including different categories of initial airdrops to eligible contributors and community members;
- Team: 20% of the total token supply, or 200 million tokens, allocated to current and future core developers and contributors of Brevis;
- Investors: 10.8% of the total token supply, or 108 million tokens, allocated to seed round investors of Brevis.
Among them, the ecosystem development and community incentive plans will be linearly unlocked over 24 months after the TGE, with 14.50% and 10.50% of the tokens circulating at the TGE, respectively. The allocations for the team and investors are fully locked for the first year after the TGE, with no initial unlock, and will then be distributed according to a linear unlock over 24 months.
In addition, the Brevis team announced that an airdrop registration entry will be launched soon. Combined with the announcement from Coinbase Markets on December 20 on the X platform that Brevis (BREV) has been included in the listing roadmap, it is evident that Brevis is about to conduct its TGE.
Coinbase includes Brevis (BREV) in the listing roadmap
Brevis: The "Smart Engine" Focusing on the Concept of "Infinite Computing Layer"
Brevis is an off-chain computing engine built on zero-knowledge proofs, positioned as the "infinite computing layer for Web 3 and everything." In simple terms, Brevis enables smart contracts to be "smarter," shifting from passive execution to proactive computation, saving computing costs while improving computing efficiency, thus facilitating user interaction with protocols, asset accumulation, and enhancing protocol adoption rates. Brevis has garnered high community discussion due to its endorsement by Vitalik.
Brevis receives endorsement from Vitalik
Brevis completed a $7.5 million seed round financing last November, led by Polychain and Yzi Labs (for more related content, read: Uncovering Brevis: Favored by Vitalik, raising $7.5 million, how does the off-chain computing engine unlock a new paradigm for Ethereum?).
First Phase Tasks Still Ongoing
Currently, all 11 tasks of Brevis's second phase have been completed, but the first phase tasks are still ongoing, and the snapshot time has not yet been announced, making it worthwhile to "zero-cost" seize the last opportunity to earn points.
STEP 1. Enter the interactive website (link: https://proving-grounds.brevis.network/) and connect your wallet.
STEP 2. First, bind your personal account, then follow the official X account and join the official Discord. Entering the invitation code can earn you 50 points (invitation code: IABsdu).
STEP 3. Click on "Phase 1," where tasks that can still earn points include invitation tasks and daily check-in tasks.
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