Solana-Based Project Is Launching Its Own Cryptocurrency, Will Have a Supply of 10 Billion
Solana-based DeFi protocol deBridge is preparing to launch its own cryptocurrency DBR.
The DBR token, which will be developed by DeBridge, will be used to have a say in the governance of the protocol.
DeBridge launched a points program last month and began rewarding users based on their transactions in the protocol.
DBR token will have a total supply of 10 billion. 20% of this will be used to launch DBR and reward community members. The remaining 26% of the supply was allocated to the development of the ecosystem, 20% to the project's assistants, 17% to strategic partners, 15% to the Bridge Foundation, and 2% to validators.
Jupiter users will vote tomorrow on whether DBR will be released via the Jupiter launchpad LFG. If this is accepted, deBridge will have three months to enter the market from LFG.