Overview
Token Economy of Berally
$BRLY Token
$BRLY token is the main token of Berally. $BRLY was designed to be sustainably distributed over a long period of time, deflationary and incentivize the growth of Berally with minimal value leakage.
$BRLY utilities include:
Lockup to receive $revBRLY
Pay for activities fees inside the ecosystem.
Enable Premium features.
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One can only acquire $BRLY through the Seed Round, LBP, directly contribute/participate in Berally or buy it over exchanges.
Blockchain: Berachain Native token.
Standard: ERC20
Total Supply: 6,942,000,000
$revBRLY
$revBRLY is a transferable token that used to represent a time-locked $BRLY position. $revBRLY is created when a user locks $BRLY with a user-selected lock duration in number of epoch (weeks), minimum lock time of one epoch (1 week). $revBRLY utilities include:
Governance: control the emission and incentives into platform categories.
Dividends: 60% of platform revenue is distributed to $revBRLY lockers in the form of $HONEY and $BERA
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