The long-awaited @brevis_zk tokenomics is finally here! It looks like the airdrop distribution is not far off. Currently known, $BREV has a total supply of 1 billion tokens, with community incentives accounting for 32.2%, which is a quite high overall ratio.

$BREV 's three core functions
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Payment: All fees within ProverNet are paid in BREV, covering the entire process of proof generation, verification, and settlement. Developers use BREV to purchase computing power, and provers earn BREV income by providing verification results.

Staking: Provers must stake BREV or accept delegated staking to receive tasks. The staked amount determines higher-value workloads.

Governance: BREV holders vote to decide key network parameters, including maximum proof size, minimum cryptographic security level, reduction ratio, and auction market fees.

Dynamic Auction Mechanism
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Prices are determined through dynamic auctions between proof requesters and provers. Market-based pricing makes resource allocation more efficient, naturally attracting more computational resources for high-value tasks.

ProverNet is initially deployed on Base, and after reaching a certain scale, it will migrate to a dedicated Brevis rollup. At that time, BREV will become the native gas token for all network transactions.

Token Supply Distribution
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Ecological development 37%, community incentives 28.7%, team 20%, investors 10.8%, airdrop 3.5%.

At TGE, circulating supply accounts for 25% of the total supply.
Ecological development and community incentives will be linearly released over 24 months after TGE, while team and investor allocations will start a 24-month linear unlock after a full one-year lock-up period.

Looking forward to @brevis_zk's upcoming airdrop registration portal!!!