Announcing the t3rn Airdrop Program – BRN

We are excited to unveil the BRN Airdrop Program, a pioneering initiative designed to celebrate and reward our community for their active engagement with the t3rn ecosystem. 

Through this program, participants will earn BRN Tokens for their contributions via testnet and mainnet cross-chain transactions, embodying our appreciation for all levels of support. The unique opportunity to burn BRN to redeem for TRN Tokens at the Token Generation Event (TGE) further aligns efforts with the success of our platform. Join us on the journey to enhance cross-chain interoperability and share in the growth of the t3rn ecosystem.

Introducing BRN Tokens

This program is a demonstration of our appreciation for your ongoing support and engagement with the t3rn protocol, leading up to the public mainnet release and TRN token.

The token, aptly named BRN (pronounced "burn"), embodies a unique aspect of our ecosystem's lifecycle, that truly comes to fruition during the TRN TGE (Token Generation Event). At TGE a burner address will be revealed to which BRN tokens can be sent as part of the redemption process for our mainnet TRN tokens. This deliberate mechanism ensures that the transition from BRN to TRN is seamless.

Testnet Transactions

For every cross-chain order executed on the testnet using the t3rn protocol, participants will receive rewards in BRN. Each user and Executor involved in a test transaction will be rewarded with 1 BRN, acknowledging their contribution to the testing and development of our protocol.

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Mainnet Transactions

The rewards become vastly more substantial with mainnet transactions. For every mainnet cross-chain order conducted through the t3rn protocol, participants will earn BRN proportional to the value of the transaction. Specifically, equivalent to the USD of value transferred in an order, BRN will be distributed to both the user and the Executor, capped at 20,000 BRN per user address. This approach incentivizes higher-value transactions, further driving engagement and activity on our platform.

BRN Tokenomics

The BRN distribution strategy is tailored to align the interests of all stakeholders by establishing a balanced ecosystem. This approach bypasses traditional models, eschewing allocations for sales and team members, to create a more community-centric and equitable environment. 

• Token Allocation: The token supply is divided into three main categories: Community (50%), Ecosystem (40%), and Treasury (10%). There is no allocation for Sale or Team in this distribution.
• No Lock or Vesting Periods: All tokens are immediately available, with no full lock or vesting periods applied to any of the allocations.
• Redemption: BRN Tokens can be redeemed for TRN Tokens at the Token Generation Event (TGE).

BRN tokenomics

The BRN model is grounded in a commitment to equality and network health, allocating a fixed 40% of tokens each to Executors and the Community.

This equitable distribution ensures that network operators and community members are equally empowered, incentivising the utilization of the protocol, supporting the underlying network, in return for meaningful ownership of the token supply. The fixed supply anchors our ecosystem in a non-inflationary environment, guaranteeing clarity around how many tokens will ever be circulating, which is purely contingent on the adoption of the t3rn protocol. The deliberate omission of sales and team token allocations speaks to our focus on self-sustainability and prioritization of organic growth over anything else, ensuring a fair and stable foundation for the future of the t3rn protocol.

The tokenomics structure is a testament to our belief in a decentralized future where every stakeholder has a significant role to play. It's about building an ecosystem that thrives on collective effort and shared success, a principle that has been at the core of our philosophy since inception.

How to earn BRN tokens:

• Community Initiatives: You can participate in our community campaigns in Galxe, helping grow the community and engaging by following t3rn on X, liking and reposting specific posts, joining our newsletter, and more.
• Protocol Engagement: Become a testnet participant and earn BRN by swapping using our UI. Additionally, participate in cross-chain transactions and earn BRN tokens for each transaction you make.
• Executor Liquidity Bootstrap: Executors play a crucial role in cross-chain interoperability. By providing liquidity and engaging with the protocol, Executors will be rewarded with BRN tokens proportional to their participation.
• Collators & Attesters: Collators and Attesters who support the network by validating and verifying transactions will receive BRN tokens based on their contribution to maintaining network integrity.
• Treasury Reserve: The treasury ensures that the protocol remains sustainable. While a portion of the tokens will be reserved, there will be initiatives to incentivize community participation and bolster the growth of the ecosystem.

What can I do with BRN at the TRN launch?

Trading of the BRN will not be facilitated by the t3rn team, neither on CEXs or DEXs; upon the full launch of the t3rn mainnet and the TGE (Token Generation Event) of the TRN token, the community will have the opportunity to get their hands on mainnet TRN token by burning their BRN tokens. 

This process will involve sending BRN tokens to a designated burn address, revealed at TGE, permanently removing them from circulation. In exchange, community members will receive mainnet TRN tokens; up to 5% of the total TRN Token supply will be made available to the community as part of the TRN airdrop. The final percentage available for redemption will be contingent upon the success of the BRN Campaign, aligning the interests of our users with the overall growth and success of the t3rn ecosystem. 

This feature of our programme is a testament to our dedication to rewarding the support and engagement of our community, with the final redemption percentage being a direct reflection of the success of the BRN Campaign. This unique opportunity allows you to convert your engagement and contributions into tangible value within our ecosystem, underscoring the integral role you play in our collective success.

t3rn will work hard to ensure full sybil resistance during the conversion of BRN to TRN tokens, please stay tuned for more information on this extensive initiatives in the coming future.

Join the Movement #BRN4TRN

This airdrop program is more than just a reward system; it's an invitation to be an integral part of t3rn's growth and success. By participating in cross-chain transactions on our platform, not only do you contribute to the robustness and efficiency of t3rn, but you also get to share in the success of our evolving ecosystem.

We look forward to your participation in this exciting programme and can't wait to see how our collective efforts will shape the future of cross-chain interoperability. Embrace the opportunity, engage with our platform, and be rewarded for being a part of the t3rn journey.

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