brinc.fi

the brinc token protocol provides an alternative token economy that is empirically decentralized, backed, and holds real or “intrinsic” value. the $brc token’s mission is to provide an alternative to usd-pegged stablecoins with a bonding curve token. at the core of the brinc.fi protocol is a bonding curve algorithm and smart contracts which provide for the continuous minting, burning, price and supply calculation. each brc minted requires $dai to be put into reserve which provides for on-chain reserve backing. and the price of $brc increases with supply via price accretion as each subsequent $brc that is minted into supply follows an increasing price function. brinc.fi is built with solidity smart contracts and deployed on the arbitrum layer two (ethereum) network providing both decentralization and scalability.