On January 5th, Binance announced the 60th HODLer Airdrops project, Brevis (BREV), ahead of its IPO. Binance created the HODLer Airdrops portal to retroactively reward its users based on historical snapshots of their BNB holdings. Users who subscribed their BNB to Simple Earn (Flexible and/or Locked) and/or On-Chain Yields products between December 17 at 00:00 (UTC) and December 19 at 23:59 (UTC) are eligible for this airdrop. GET THE AIRDROP SHORTLY
What is Brevis (BREV)?
The Brevis project claims to be «the infinite compute layer for Web3 and everything.» Brevis offers the following: ZK proofs Instant verifications Ability to build «impossible apps» The project is trusted by more than 30 partners, including MetaMask, Linea, Kernel, Euler, Uniswap and others, and according to the official website, has more than 205,700 users and more than 288.6 million proofs generated so far. The project is backed by YZi Labs, Polychain and other big names in the industry.
Solving the Black Box Dilemma
On its website, Brevis addresses the «Black Box» dilemma, where: Every advanced dApp faces an «impossible trade-off»: keeping calculations on-chain (an unreliable but severely limited option) or moving them off-chain (a powerful but unverifiable option) Complex applications must choose between: staying simple enough to be verified or operating in the dark, requiring users to trust The project proposes solutions to open the «Box Black' and removing these choices: Allowing users to run any computation off-chain, with unlimited complexity, proving correctness with a small, verifiable proof in seconds Allowing advanced applications to become both powerful and transparent
Solutions for verifiable computation
Brevis offers two solutions for verifiable computing: For universal computing: Pico zkVM – the only modular zkVM that can achieve 99% real-time proof for current ETH blocks For blockchain intelligence: ZK data coprocessor powering over 300 million in active reward programs in over 20 key protocols including PancakeSwap, Usual and Linea
Coordinating the ZK ecosystem through ProverNet
On the official website, Brevis also describes ProverNet, a decentralized marketplace for generating ZK proofs, which has the mainnet live in beta mode and allows the following: Applications submit proof requests Specialized provers compete to fulfill them TODA auction mechanism matches tasks with hardware and sets prices in real time
Use cases
Brevis has multiple use cases, including: Supporting DeFi intelligence through personalized fees, rewards, and experience based on historical behavior and market conditions Stimulating the growth of RWA tokens and stablecoins through incentivization, transparent distribution, and fair rewards Private transaction through Aster DEX, with trustless verification Cross-chain interoperability, with secure, trustless bridges Launching complex programs on blockchains through transparent ZK mechanisms Up to 100x Scalability Improvements via Real-time Proofs on BNB Chain and Ethereum Verifiable AI Applications High Privacy Computing via Automata Network Advanced Security via GoPlus Security Cryptographically Regulated Prediction Markets with Data Authenticity and Trustless Computing, No Human Validation and Subjective Oracle Consensus (Opinion)
What is the BREV token?
The BREV token powers the economy as a means of payment, staking collateral and governance tool. Tokenomics BREV will have a total supply of 1 billion tokens with the same maximum supply. The circulating supply upon listing on Binance will be 250 million BREV tokens, i.e. 25% of the total maximum supply. Rewards from Binance HODLer Airdrops will be 15 million BREV tokens, which is 1.5% of the total maximum supply. 5 million BREV tokens will be allocated for marketing campaigns after the spot listing on Binance. Binance will launch BREV on Base, Ethereum and BNB Chain, according to the exchange's official announcement.
BREV listing details on Binance
Binance will list BREV on January 6 at 14:00 (UTC) and open trading for the following pairs: BREV/USDT BREV/USDC BREV/BNB BREV/TRY The platform will list BREV with Seed Tag, signaling possible increased volatility. Users can start submitting BREVs today, January 5, starting at 12:00 (UTC). SUBMIT BREV It is worth noting that BREV will first be listed on Binance Alpha, the platform created by the exchange to showcase early-stage projects with growth potential in Web3. Binance Futures has already listed the BREV futures contract and the current price of BREVUSDT is over $0.45.
BREVUSDT price on Binance Futures BREV will also launch on Bybit and other cryptocurrency exchanges on January 6th. TRADE SHORT FUTURES Join our 33,000+ subscribers. No spam, just useful info.