BRLY and wBRLY are Crown-associated yield-bearing and wrapped token forms documented in a smart-contract audit.
Reviewed · Sources (1)
How it works
The 2025 OpenZeppelin audit describes BRLY as a rebasing token, wBRLY as a wrapper and BRLV as a vault holding BRLY. In the audited design, rebasing surplus is distributed through a permissioned claim process. The audit covers a particular code version, not every later deployment.
Backing
The audited contracts describe a token and vault mechanism; the audit does not itself prove off-chain reserve assets.
What the project says
The audited design describes rebasing BRLY, wrapped wBRLY and permissioned distribution of surplus.
The project
History
A 2025 OpenZeppelin audit documents BRLY and its wrapper wBRLY in Crown’s contract system.
People and issuer
Crown is associated with the audited contract design.
Access and redemption
Review current Crown terms and deployed contracts to establish eligibility, conversion and redemption. Public exit depth was not verified.
Transparency
OpenZeppelin’s July 2025 audit covers a specified code version, not every later deployment or reserve balance.
What to check
- Audit scope and historical documentation do not prove current market availability or eliminate contract risk.
Sources (1)
Primary project, issuer, protocol, auditor or official material was reviewed for the described claims; this is not independent verification of all claims or current market access.