You mean regenerative braking with a direct drive hub motor? Why would the teeth of the hub wear at all? As far as the chain is concerned, it's just freewheeling the same as if you coasted down a hill without your feet and chain moving?
Less wear actually, since the motor is acting as a generator and the wheel is tough to turn, so the wheel turns less than if you weren't engaged in regenerative breaking and just coasted down full speed.
Saving mechanical wear is the biggest benefit of regenerative breaking since it replaces wearing out your mechanical brake pads. The amount of battery capacity it returns is barely anything. If you get 5% more range, you'd be lucky.
Freegen is something different. That's using a disk brake to slow the planetary carrier of a geared hub motor. The savings on mechanical wear aren't as great, but it gives you a way to get regenerative braking with a geared hub motor instead of a direct drive one without welding the clutch. Chain and cassette/freewheel teeth still aren't involved, though, since they can just sit unmoving and freewheel/freehub while you do it.