$BRAIN is the protocol’s native governance token scheduled for September 2022, $BRAIN will govern the future of Brainiac.fi. This includes tokens onboarding, configuration changes and decisions related to protocol updates through voting. $BRAIN holders will also be eligible for receiving protocol revenue and fees in the near future.
🧠 $BRAIN Distribution
A total maximum supply of 10 mln $BRAIN will be gradually emitted.
75% of the $BRAIN emissions is allocated for gradual emission to protocol participants and other stakeholders under full governance control. Users who borrow, lend or provide liquidity on the protocol will be eligible to receive these rewards.
10% of the total emission is allocated for the team, linearly vested over a period of 4 years.
9% of the supply is reserved for the Treasury, which will be responsible for marketing, community management, giveaways and other operational costs of running Brainiac Finance, linearly vested for 4 years.
2% of the supply is allocated to various advisors and tokenomics experts, linearly vested for 4 years.
2.5% of total supply will be used for raising funds in our upcoming Initial Dex Offering (IDO) on YokaiSwap
The funds raised in IDO will be paired with 1.5% of total supply to add Initial Liquidity for $BRAIN token in YokaiSwap