Token
BREW is the lifeblood of the Brewlabs ecosystem. BREW is utilized as a minting material for Brewlabs NFT's, yield farming and pool reward emissions and held by token speculators.
BREW Smart contract address: 0x73b7F22618E06F7D15Ff5Bf11B506016cD3758dA
Public BREW supply API: http://3.93.194.153:3000/api/v1/supply
Tip: Brewlabs aims to achieve net deflation of the BREW token. This means the total amount of BREW tokens available decreases daily once net deflation has been achieved.
About
Brewlabs publicly issued token BREW, is an ERC20 token standard smart contract deployed on the Base network. BREW uses standardized token code coupled with a few custom logic additions to help accommodate the needs of the Brewlabs ecosystem. These additions include:
BREW token emission (minting * BREW per day)
BREW token fees
BREW token activate/deactivation
The use case(s) for BREW include
Speculative asset for cryptocurrency enthusiasts to trade between each other within liquidity pools, centralized exchanges and marketplace.
Minting material for Brewlabs NFT's and Brewlabs NFT upgrades
Available to be utilized as in part liquidity portion and provision to liquidity partners
Reward token for various staking and liquidity provision pools
Supply metrics
BREW was deployed with a circulating supply 19,850,000 BREW tokens
BREW total supply is 21,000,000
450 BREW is minted every 24566 blocks on Base
Brewlabs expects that as a result of existing deflationary measures that BREW will peak at approximately ~20,000,000 BREW in 2029
No BREW tokens were sold in any venture capital rounds
BREW Inflation
BREW token emissions occur per block on the Base network and are transferred to the Brewlabs distributor contract.
Brewlabs distributor will collect minted BREW and distribute to necessary smart contracts or custodial wallets when called upon.
BREW emissions are utilized as a reward tokens for pools, liquidity expansion and other protocol based use cases.
Total BREW token emissions capped at 1,150,000 BREW
BREW emission schedule will be completed by Jan 2029
BREW Deflation
BREW deflationary measures are designed to permanently reduce total supply of the BREW token. To achieve a net positive deflationary ratio Brewlabs have engaged the following deflationary measures:
Burn 0.50% of each traded BREW transaction within the UniswapV2 liquidity pool
Burn 100 BREW per Brewlabs NFT minted
Burn 0.25% of each deposit and withdrawal made into the BREW seasonal token staking pool
Locked BREW with BTCstrategy liquidity
BREW Token emission schedule
Liquidity
BREW token is available to trade on Uniswap
BREW token is available to trade on marketplace
BREW token is available to trade within indexes
Supported networks
Base
Fees
Trading fee in Uniswap V2 pool
Trading fees are strictly related to the buying and selling of the BREW token on the Base Uniswap v2 liquidity pool. Each time a user swaps within this specific pool a fee 3.50% of the swap value is charged to the user. When trading in the Uniswap v2 pool on Base, please ensure you nominate 4.00% slippage for the swap tolerance.
BREW trading fee is made up of the following:
3.00% sent to the treasury wallet address in ETH
0.50% BREW token burn on the transaction value
All other liquidity pools are free of any token taxes/fees.
Security
BREW token smart contract has not been externally audited.
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