Brevis Token (BREV) Price, Charts & Market Data

BREV has four main functions in the Brevis network.

1. Payment All services in Brevis, including zkVM execution, ZK coprocessor output and proof aggregation, must be paid for in BREV. It is also used as gas for on-chain transactions within the Brevis rollup.

2. Staking Provers must stake BREV, or receive delegated stake, to participate in proof auctions. Staking is used to: - Prevent Sybil attacks and gate access to high-value jobs. - Penalise missed deadlines or incorrect proofs through slashing. - Prioritise provers with higher stake and strong performance records.

3. Slashing If provers fail to meet service-level agreements, a portion of their staked BREV is slashed. The initial slashing rate is 1 per cent and may be changed through governance decisions.

4. Governance BREV holders can vote on protocol settings, including maximum proof sizes, minimum security thresholds, slashing rates and auction fees.

Brevis was co-founded by Mo Dong (Michael Dong) and Alan Li.

• Mo Dong is also a co-founder of Celer Network. He holds a PhD in Computer Science from the University of Illinois at Urbana-Champaign and has expertise in distributed systems and networking. He was a founding member of Veriflow, later acquired by VMware.

• Alan Li, the Chief Science Officer (CSO) of Brevis, earned his PhD in Electrical Engineering and Computer Science from MIT, specialising in artificial intelligence and mathematics. He previously founded an AI-for-science company and has led the development of core Brevis technologies such as the Pico zkVM and SpaZK.