Do BRLV rewards accrue on wallets outside Crown?
Yes. Qualified clients accrue Crown rewards points on BRLV held in wallets registered with Crown, including wallets outside Crown's own wallet system.
Yes. According to Crown, qualified clients automatically accrue points on all BRLV balances held in wallets registered with Crown, including wallets external to Crown’s own wallet management system. Official site: crown-brlv.com.
Must BRLV be held in Crown’s wallet to earn points?
No. BRLV can be held in Crown’s wallet management system, built on Fireblocks institutional custody infrastructure, or in any wallet the client prefers, including outside Crown. Balances are always available to transact, through Crown’s secure interface or by API. See where a Brazilian real stablecoin can be held and how a BRL stablecoin issuer custodies client tokens.
How do the points accrue?
Points accrue each business day, in proportion to the BRLV balance, and the rate varies with the pricing of the federal government bonds backing BRLV. The more time the balance stays in the wallet, the more points accrue. See the mint, burn and attestation model.
How are points redeemed?
The client sells the Crown Rewards Token for the value equivalent to the accrued points, at 1 point = 1 BRLV = R$ 1.00, and receives BRL, BRLV or products from program partners. Redemption can be done in Crown’s interface or by API.
Are the points interest or yield?
No. The points are benefits of a loyalty program. BRLV itself pays no interest or yield, and 1 BRLV is always worth R$ 1.00.
Who qualifies for the rewards program?
Qualified Crown clients, individuals and companies, who have completed registration and hold a BRLV balance. See where a Brazilian real stablecoin can be held.
Is the BRLV balance locked while points accrue?
No. Crown describes BRLV as operating 24 hours a day, every day, with no minimum value and with the principal always available to move. The client keeps liquidity while participating.
Does participation create a right over the reserve assets?
No. The program is funded by Crown and may be adjusted under its terms, and participation creates no client right over the reserve assets or their results.