The supply of BRRR is capped at 1 billion tokens.

Initial Distribution Breakdown 

Any tokens that have been minted are free to be used and staked, except for those that have been allocated to Treasury. According to the official article, at least 50%-70% of the supply will be distributed to active Burrow users and community members.

• 50% (500,000,000) – Community
• 20% (200,000,000) – Team
• 20% (200,000,000) – Treasury
• 10% (100,000,000) – Investors

Supply Schedule

In the first three months after launching, up to 6% of the supply (60,000,000 $BRRR) will be distributed to the Burrow community.

Once you have staked your BRRR, there are things you need to consider going forward:

• You can review your boosted net APY after staking and a detailed breakdown.
• Users can unstake their BRRR tokens at the end of the lockup period. The xBRRR tokens will be burned and users will receive their staked BRRR back.
• xBRRR tokens cannot be withdrawn and are non-transferable. They stay within users’ accounts.

To earn a yield on your BRRR, you can supply liquidity with supported assets on the Burrow Cash platform or stake BRRR tokens, To stake your tokens, you should ensure you have a Near Wallet, you have deposited BRRR tokens on the Deposit page, and then follow the steps below:

Step 1: Navigate to the Burrow Staking Portal.

Step 2: Enter the amount of BRRR tokens to stake, select the number of months to stake; keep in mind your BRRR tokens will be locked up during this period.

Step 3: Review the amount of xBRRR tokens to receive and your total xBRRR after staking. 

Step 4: Click “Stake” and sign the transaction.

Native staking rewards on BRRR are composed of:

Boosted Rewards: Liquidity mining rewards are split across liquidity mining participants based on their number of shares. BRRR token holders can stake their BRRR tokens to boost their shares and, as a result, receive more reward tokens.

If users stake M BRRR tokens for N months (up to 12 months), the total amount of xBRRR tokens will be M * N. The more xBRRR they have, the more they can boost their shares. Boosted shares are calculated as follows: Boosted_shares = farming_multiplier * shares, where farming_multiplier = 1 + Log(xBRRR_amount) / Log(100).

BRRR is the native token of Burrow Cash and it is used to carry out the key functions of the platform as detailed below:

Token Utilities

• Governance: xBRRR holders will be able to partake in DAO governance through voting and will have a say in managing the DAO treasury, reserve funds, accrued fees, emissions, and more.
• Staking (Boosted farming): Users who stake BRRR tokens can boost their LP shares to receive more LP rewards.