deBridge announces the establishment of the foundation and opens DBR Season 1 airdrop enquiry
2024-08-12 12:14
Odaily News According to official news, deBridge announced the official establishment of the foundation. The deBridge Foundation will be obligated to seek benefits for the entire DAO and its key participants, including core contributors, strategic partners, and the community. Governance will give DBR holders the power to shape the future of the protocol. At the same time, the foundation launched the DBR Checker, a tool that allows community members to preview the DBR tokens generated by the first season of the deBridge Points event in advance. According to previously official information, the total supply of DBR is 10 billion tokens, the initial circulation supply is 1.8 billion (18%), and the token will be issued on Solana in the form of SPL tokens. Among them, the community and startup parts account for the largest share of all initial TGE unlocking, accounting for 10% of the total supply. Of this 10%, 2% is used for LFGVault, 1% as Jupiter DAO LFG rewards, 1% for Meteora dynamic pools, and 6% will belong to deBridge Points Season 1 holders.
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