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Tokenomics
The native token of Bridge Network
Security: Bridge Validators are required to stake BRDG as collateral to become an active participant in the network. The number of BRDG required for staking is proportionate to the total value locked on the protocol. Validators earn rewards in network tokens (eg: ETH, BNB, AVAX etc.).
Fee: Token issuers are required to pay the network a BRDG fee to register their asset on the token bridge via the deployer. Users of the Bridge tools can access discounted platform fees through staking BRDG.
Governance : BRDG acts as a governance token to put forth & vote on Bridge request proposals (BRP).
Burn: 100% of the tokens paid by the users of the deployer is burnt on a quarterly basis.
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$BRDG Tokenomics
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Public sale - 25% unlocked at TGE. Linear monthly release for 3 months.
Private round- Unlocked 1 month after TGE. Linear release for 24 months.
Seed round: Unlocked 1 month after TGE. Linear release for 24 months.
Marketing- Vested monthly for 3 years.
Treasury - Vested monthly for 3 years.
Ecosystem - Vested monthly for 3 years.
Rewards- Linear monthly release for 3 years.
Team & Advisors - Locked at TGE. 3 Months cliff. Vested monthly for 3 years.
Last modified 11mo ago