The $BRCK token is built on the ERC-20 standard using the Ethereum network, the highest TVL of any smart contract enabled chain. The ERC-20 standard is the most widely adopted token standard in the DeFi ecosystem, contributing to increased liquidity and trust among investors. Utilising Ethereum’s established security protocols, the $BRCK token offers a secure and reliable framework for transactions and interactions.
Starting from Q2, a 50% of Quarry rewards will be made available as a quarterly dividend to $BRCK holders. Investors can choose to receive their dividends entirely in $MRTR tokens, to encourage engagement with the ecosystem, or alternatively can claim 90% of their dividends in $USDC.
Only actively circulating $BRCK tokens, as in $BRCK that has left the Kiln i.e. been released, will be eligible for dividend distribution. This structure incentivises long-term holding and active participation, fostering a loyal and engaged community. There is an enforced 30 day window to claim rewards, before dividends are returned to the capital reserves.
Data bridging will be facilitated through ChainLink, ensuring reliable and secure off-chain data integration. ChainLink’s decentralised oracle network guarantees the integrity and accuracy of the data used within the $BRCK ecosystem.
To value our $BRCK token, we will combine real world valuations into a on-chain data pipeline, thus delivering a dynamic verifiable valuation to $BRCK. This price may be different in the secondary markets, like liquidity pools or DEXs, allowing for potential arbitrage opportunities for $BRCK holders, which we don’t intend to stifle.
graph TD
style b fill:#ffe6a6,stroke:#333,stroke-width:2px
style c fill:#ffdf99,stroke:#333,stroke-width:2px
style d fill:#ffd88c,stroke:#333,stroke-width:2px
style e fill:#ffd180,stroke:#333,stroke-width:2px
style f fill:#ffca73,stroke:#333,stroke-width:2px
subgraph h[Value Accrual]
c[Real World Assets]
b[Capital Reserves]
d[Quarry Mining Network]
end
f[$BRCK]
e[HODLr]
b -- RWA Acquisition --> c
c -- Rental Yield --> b
c -- Rental Yield --> d
d -- Virtual Asset Rewards --> b
b -- Expansion --> d
h ----> f
f -- Value --> e
d -- Dividends --> e
linkStyle 0 stroke-width:2px,fill:none,stroke-dasharray: 3, 3
linkStyle 1 stroke-width:2px,fill:none,stroke-dasharray: 3, 3
linkStyle 2 stroke-width:2px,fill:none,stroke-dasharray: 3, 3
linkStyle 3 stroke-width:2px,fill:none,stroke-dasharray: 3, 3
linkStyle 4 stroke-width:2px,fill:none,stroke-dasharray: 3, 3
linkStyle 5 stroke-width:2px,fill:none,stroke-dasharray: 3, 3
linkStyle 6 stroke-width:2px,fill:none,stroke-dasharray: 3, 3
linkStyle 7 stroke-width:2px,fill:none,stroke-dasharray: 3, 3
The $BRCK token value will be calculated using the following equation;
$$ \$\text{BRCK}{Value}=\frac{\left(\text{Real World Assets} + \text{Quarry} + \text{Capital Reserves}\right)}{\$\text{BRCK}{Supply}} , $$
or;
$$ \$\text{BRCK}{\text{Value}}=\frac{\left(\text{RWA}{\text{Value}} + \text{Q}{\text{Value}} + \text{C}{\text{Reserves}}\right)}{\$\text{BRCK}_{\text{Supply}}} ,
$$