Official announcements from deBridge Finance

deBridge Finance Introduces $DBR Governance Token with 10 Billion Supply and Community Allocation

May 21, 2024, 11:15 AM

deBridge Finance has announced the introduction of its new governance token, $DBR. The tokenomics details reveal a total supply of 10,000,000,000 tokens, with 20% allocated to the community and 10% set to unlock at the Token Generation Event (TGE). Token holders will have the ability to stake their $DBR to participate in DAO voting. This move is seen as a significant step for deBridge Finance in its mission to become a leading bridge in the DeFi space. The $DBR token, which comes from a protocol with $2.3 billion in volume and $0 in TVL, is expected to be launched on Jupiter Exchange's LFG launchpad.