![]() | Brinc Finance (BRC)The Brinc protocol provides an alternative token economy that is decentralized, backed, and holds real or “intrinsic” value. IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
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Overview
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What is Brinc Finance
The Brinc token protocol provides an alternative token economy that is empirically decentralized, backed, and holds real or “intrinsic” value. The $BRC token’s mission is to provide an alternative to USD-pegged stablecoins by providing decentralization, stability, and capital efficiency.
At the core of the Brinc finance protocol is a bonding curve algorithm and smart contracts which provide for the continuous minting, burning, price and supply calculation. Each $BRC minted requires $DAI to be put into reserve which provides for on-chain reserve backing. And the price of $BRC increases with supply via price accretion as each subsequent $BRC that is minted into supply follows an increasing price function.
All $BRC tokens minted into supply are backed 70% by $DAI, which are held in smart contract. Also, protocol and ecosystem fees (minting, burning, trading, and interest) are held as treasury and provide intrinsic value to the governance token, $gBRC.
Brinc finance is built with solidity smart contracts and deployed entirely on the Arbitrum layer two (Ethereum) network providing scalability.
DetailsToken supply: 5,262,406 BRCLegalBlockchain Platform: ArbitrumRegistration year: 2020 | Token infoTicker: BRCType: Cryptocurrency |
Brinc Finance Roadmap
- Bondind Curve + Front End
- Testing
- Staking
- Testnet Launch
- Smart contract Audit
- Mainnet Launch
- Layer 2 Launch
- Yeld(APY) tracking
- BRC price tracking
- Liquid staking (ERC 4646 vaults)
- Incr. staking pools: ETH, stETH, etc
- Partnerships
- Exchange listing
- Bonding curve upgrades
Project team
![Eric Heo](/wp-ico/img/new projects/Brinc finance/Eric Heo.jpg)
![Hyeong Oh. Im](/wp-ico/img/new projects/Brinc finance/Hyeong Oh. Im.jpg)
![Theresa Lising](/wp-ico/img/new projects/1.jpg)
![Luke Shim](/wp-ico/img/new projects/Brinc finance/Luke Shim.jpg)
![Hyun S. Kim](/wp-ico/img/new projects/Brinc finance/Hyun S. Kim.jpg)
![Ak-man Fuoco](/wp-ico/img/new projects/Brinc finance/Ak-man Fuoco.jpg)
![Kang Min. Lee](/wp-ico/img/new projects/Brinc finance/Kang Min. Lee.jpg)
Advisors
![D.E](/wp-ico/img/new projects/1.jpg)
![Jim Nguyen](/wp-ico/img/new projects/1.jpg)
Social media
MVP
![MVP URL](/wp-content/themes/ultimate-conversion/assets/img/logos/mvpurl.png)