On September 17, COINOTAG reported the official announcement from the deBridge Foundation regarding the availability of DBR tokens, highlighting significant developments in crypto asset interoperability. Following an earlier report on August 29, the deBridge Foundation’s plan to issue DBR tokens via the LFG (Launch Fair and Grow) mechanism on Jupiter Exchange has come to fruition. The DBR tokens are priced at $0.025 each, setting a maximum investment limit of $25,000 per eligible address. The issuance involves 200 million DBR tokens, representing 2% of the total supply, with an overall investment cap of 5 million USDC. The total supply is pegged at 10 billion tokens, with an initial circulation of 1.8 billion. The token distribution includes 10% allocated for community and launch activities, 5% for the deBridge Foundation, and 3% for ecosystem development. The remaining 82% will be unlocked quarterly over three years, commencing six months post token generation event (TGE).
Timely, reliable coverage of breaking news, insights, and analyses on Bitcoin and cryptocurrencies since 2018.
Disclaimer: The information provided on COINOTAG NEWS is for informational purposes only and should not be considered financial or investment advice. Always conduct your own research and consult with a financial advisor before making any investment decisions.
© COINOTAG News 2024