Brevis announces its token economic model: a total supply of 1 billion tokens, with 32.2% allocated to community incentives.

Odaily Planet Daily reports that Brevis announced its token economic model on the X platform, revealing that its token BREV has a total supply of 1 billion, distributed as follows:

Ecosystem Development: 37% of the total token supply, or 370 million tokens, will be used for ecosystem development, research and development, strategic partners, initial market development, and long-term protocol expansion;

Community incentives: 32.2% of the total token supply, or 322 million tokens, are used to reward 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, will be allocated to Brevis's current and future core developers and contributors;

Investors: 10.8% of the total token supply, or 108 million tokens, were allocated to Brevis's seed round investors.

Specifically, the ecosystem development and community incentive programs will be linearly unlocked over 24 months after TGE, with 14.50% and 10.50% of the tokens circulating at TGE, respectively. The allocations for the team and investors will be fully locked in the first year after TGE, with no initial unlock, and will also be allocated linearly over 24 months thereafter.

In addition, the Brevis team stated that the airdrop registration portal will be launched soon.