// BACKED BY BNB. BRIX BY BRIX.
$BRIX BURNS.
THE FLOOR RISES.
Every $BRIX is backed by a BNB reserve fed by every trade, and the floor per $BRIX only rises. When the price drops below it, burn instead of selling.
$BRIX BURNS.Every $BRIX is backed by a BNB reserve fed by every trade, and the floor per $BRIX only rises. When the price drops below it, burn instead of selling.
The team has stepped back from $BRIX. The contracts keep working on their own, forever: every trade still feeds the BNB reserve, and anyone can burn $BRIX to redeem their share of it below. The Trixster mint is closed and Top Burners prizes are ending.
Redeem burns your $BRIX and pays its share of the BNB reserve, minus 5% left to everyone who stays. When the price drops a little below the floor (about 2%), burning pays more than selling.
The vault buys $BRIX with your BNB at the market price and sends all of it to 0x…dEaD. Nothing comes back to you: it is a pure burn, and every $BRIX burned raises the floor.
About 87% of the 3% tax on every trade fills a BNB reserve, and BNB leaves it only through a redeem. Floor = reserve ÷ $BRIX still alive. Each burn shrinks the supply, so the floor rises.
The price can go anywhere: it's a market. The floor is different: BNB in a reserve that only redeems can tap, split across the $BRIX not yet burned. Per $BRIX it only rises, and redeem pays it minus 5%. Not a promise on price: a reserve you can check on-chain.
Redeem pays the floor minus 5%. Selling pays the price minus the 3% tax, plus slippage. So when the price drops a little below the floor (about 2%), burning pays more than selling. This page shows FLOOR / PRICE live, in the redeem section: above ~102%, burning pays more.
3% on every buy and sell, permanent. About 87% goes to the vault's BNB reserve (≈2.6% of volume) and about 10% to Flap (0.3% of volume). The last 3% is the creator share (0.09% of volume), and the team doesn't keep it: it goes to a contract that uses half to burn $BRIX and half for the weekly Top Burners prizes, until the team switches off its automation in October 2026. After that the BNB stays in that contract, which has no withdraw function.
No. No function lets the team withdraw the reserve, the dowry pot or the mint fees. The only way BNB leaves the reserve is a redeem: someone burns $BRIX and takes their share. The supply is fixed at 1,000,000,000 $BRIX (Flap standard) and only goes down. Like every Flap vault, it can only be upgraded by Flap's Guardian, not by us.
Yes: burn with BNB, in the redeem section of this page or on the vault page on Flap. Send BNB, the vault buys $BRIX and sends all of it to 0x…dEaD.
The official contracts are listed at the bottom of this page. Anything else, including replies on X, can be fake. The team never DMs first and will never ask for your seed phrase, your keys or a signature.
