According to Foresight News, the deBridge Foundation has announced the fair launch of its DBR token on Jupiter Exchange through the LFG (Launch Fair and Grow) mechanism. This initiative aims to prioritize real users over MEV bots in the bidding process. The DBR token will be issued at a fixed price of $0.025, with a maximum investment cap of $25,000 per eligible address. A total of 200 million DBR tokens, representing 2% of the total supply, will be issued, with a total investment cap of $5 million USDC.
Additionally, deBridge will provide $3 million USDC and 100 million DBR in the Meteora AMM pool as protocol-owned liquidity, with an initial trading price set at $0.03. Half of the DBR tokens will be available for claiming at the Token Generation Event (TGE), while the remaining 50% will unlock after six months.