BRR and ARCADE
BRR (Backing Reserves & Revenue)
BRR is a modular, rapidly iterative reserve token collateralized by a basket of assets. It aims to create yield multipliers scalable across thousands of vaults in the ecosystem, spanning multiple chains and tokens. This overview will detail BRRβs purpose, functionality, mechanisms, and our plan to decentralize this part of the Arcadefi protocol by 2026.
ARCADE's Backing and Value
ARCADE is backed by BRR and is intended to trade above its backing price. Unlike BRR, ARCADE has no monetary policy to maintain a specific price range. Its value is also derived from its utility within the Arcadefi ecosystem.
Pre-Token Generation Event (TGE) Exception
Before the ARCADE token is live, usersβ yield will be retained in BRR and used to mint ARCADE at launch at its backing price.
Yield Distribution to BRR Holders
Holding BRR allows users to gain yield from a diversified base of assets across multiple DeFi protocols, making it a good hedge asset for passive investors.
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