BRS+ 3M DeFi Strategy Vault

BRS3MPLUS

Operated by Nora Labs

14%APY

+3.39% at maturity

0.00%0.85%1.70%2.55%3.39%
11 Nov – 21 Nov22 Feb 2027

Target rate paid by Nora Labs. Not a promise of return, and principal is not guaranteed.

Available
2,998,801 BRS
Last day to buy
20 Nov 2026
Maturity
22 Feb 2027

About

BRS+ is a 3-month DeFi strategy vault for BRS, the Brazilian real stablecoin. Deposited BRS is allocated as onchain liquidity in BRS <> USDC pools, where it earns trading fees. Fixed rate of 14% p.a., paid in BRS at maturity.

The strategy is set before launch and published here. Nora Labs follows it and does not manage funds at its discretion. You decide whether to join.

Network
Solana
Category
Fixed income
Receipt token
BRS3MPLUS
Token address
BeDP…MyHa

Terms

Minimum order
100 BRS
Wallet limit
3,000,000 BRS
Minimum raise
100,000 BRS
Maximum raise
3,000,000 BRS
Raised
1,199 BRS (<1%)
Interest starts
21 Nov 2026
Compounding
Per second, 365-day year
Early exit
Not available

Operator

Nora Labs operates BRS+ 3M DeFi Strategy Vault: it sets the strategy, pays the rate and answers to its users. Nora issues BRS and licenses the technology. Nora does not operate this product.

Nora Labs

Nora Labs builds onchain strategies that deploy BRS, the Brazilian real stablecoin, across DeFi to generate yield for various vaults. See more

Risks

BRS+ 3M DeFi Strategy Vault is an onchain product. You buy from your own Solana wallet, and its terms are enforced by programs on Solana, not by a bank.

Not a bank deposit. BRS is a virtual asset issued by Nora. This product is not a bank deposit and is not covered by the FGC or any deposit insurance.

Paid by Nora Labs. You get principal and 14% APY if Nora Labs funds the vault at maturity. If it does not, you can lose part or all of what you put in.

Who signs. Launch is approved by a key, and payouts leave a multisig vault after two human votes and a time lock, within the public rules of the program. So this is not fully permissionless yet.

Smart contracts. The offer runs on Solana programs and a multisig vault. A bug or a network outage can delay payment or cause losses.

The BRS peg. You pay and are paid in BRS, pegged 1:1 to the Brazilian real. If the peg breaks, what you get back in reais changes.

No market for BRS3MPLUS. BRS3MPLUS cannot be transferred or sold, so there is no secondary market. There is no way out before maturity.

Your wallet. Only you hold your keys. Transactions you sign are final, and a lost seed phrase cannot be recovered.

Where it is available. Not available to residents of Brazil or where local law restricts it. Nothing here is investment, legal or tax advice.