Brinc Finance BRC Fair Launch
Brinc’s BRC token aims to combine BTC’s transparency and decentralization with the backing and price stability of a stablecoin.
Contract will be announced in their Discord at launch time. Launch is Nov. 29, but a time has not been specified yet, as such it’s been set for noon UTC as a placeholder.
Brinc is onboarding with Certik but the audit has not been completed yet.
DETAILS
- BRC is built on a bonding curve that mathematically increases in price
- Fully reserve backed
- No max supply of BRC
- Mint with DAI
- Stake BRC to earn gBRC, the governance token (gBRC supply is capped at 1,000,000,000)
- Mint tax and selling fee of 5-10%
- All fees and profits go to buying back BRC and gBRC
- No dev / team tokens
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