DBR Token Set to Launch on October 17 with Fair Issuance on Jupiter Exchange

COINOTAG announced on September 21 that the deBridge native token DBR is scheduled for launch on October 17. Previously, on September 17, deBridge Foundation revealed the availability of DBR tokens for collection. Notably, on August 29, the Foundation confirmed that DBR tokens will be distributed via the LFG (Launch Fair and Grow) mechanism on Jupiter Exchange.

DBR will debut at a fixed price of $0.025, with a maximum investment limit of $25,000 per eligible address. A total issuance of 200 million DBR tokens is planned, which represents 2% of the total supply, capping the total investment at 5 million USDC. The total token supply stands at 10 billion, with an initial circulation of 1.8 billion tokens.

At launch, 10% of the tokens will be allocated for community initiatives and the launch event, 5% will go to deBridge Foundation, and 3% to the ecosystem, while the remaining 82% will be released quarterly over three years, beginning six months post the Token Generation Event (TGE).