According to Odaily, deBridge Foundation has announced on the X platform that it plans to initiate the LFG Launch on October 15 at 08:00 UTC. Previously, it was reported that deBridge's token, DBR, will be fairly issued on Jupiter Exchange through the LFG (Launch Fair and Grow) mechanism at a fixed price of $0.025 per token. Each eligible address will have an investment cap of $25,000, with a total of 200 million DBR tokens to be issued, representing 2% of the total supply. The maximum investment amount is set at $5 million USDC.
Additionally, deBridge will provide liquidity in the Meteora AMM pool with 3 million USDC and 100 million DBR as protocol-owned liquidity. The initial trading price will be $0.03 per token. Half of the DBR tokens will be available for claiming at the Token Generation Event (TGE), with the remaining 50% unlocking after six months.
