November 17th we released the ProverNet whitepaper. December 8th we launched the beta. Today, ProverNet reaches full mainnet and $BREV goes live.
The decentralized marketplace for ZK proof generation is now fully operational.
What’s New at Mainnet
BREV is now the native payment token for all proving fees. Provers must stake BREV to receive work. Delegators can stake to professional provers to help their bidding process and receive a fee in return. Applications can set minimum stake requirements for their proof jobs, and provers with more effective stake gain priority access to larger and more urgent workloads.
$BREV Token
We’ve detailed BREV’s role in previous posts. Now those functions are live.
Payments in BREV are active. Every proving job, verification, and settlement on ProverNet now settles in BREV rather than USDC.
Staking is active. Provers can lock BREV to qualify for jobs, and token holders can delegate to professional provers to receive a fee split from the provers. Staking operates on Base, with bridging supported by Celer cBridge at cbridge.celer.network. Full staking guide here.
Governance parameters are set. Proof size limits, security requirements, slashing rates, and auction fees are all now enforced on-chain and adjustable through the BREV governance process.
Claim Your Airdrop
The airdrop claim portal is now available. If you registered during the eligibility window, you can claim your BREV allocations.
Claim here: https://claim.brevis.network
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