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deBridge Fund: LFG Launch to be launched tomorrow

2024-10-14 13:18
Odaily News The deBridge Foundation announced on the X platform that it plans to launch LFG Launch at 8:00 UTC on October 15. According to previous news, the deBridge token DBR will be issued fairly on Jupiter Exchange through the LFG (Launch Fair and Grow) mechanism, with a fixed price of $0.025 and an investment cap of $25,000 per eligible address. A total of 200 million DBR (2% of the total supply) will be issued, and the total investment cap is 5 million USDC. In addition, deBridge will provide 3 million USDC and 100 million DBR in the Meteora AMM pool as liquidity owned by the protocol, with an initial trading price of $0.03. 50% of DBR will be available at the token generation event (TGE), and the remaining 50% will be unlocked after 6 months.