Original title: $DBR Tokenomics
By: Doubler Foundation
Compiled by: Elvin, ChainCatcher
At Doubler, we are committed to building a financial infrastructure that developers and users can rely on in the long term. To achieve this goal, we will fully decentralize the Doubler protocol. By launching the governance token $DBR, our goal is to gradually eliminate single points of failure and create a resilient and open protocol that can evolve in many ways.
Today, we are proud to officially announce the token economics of $DBR. For the foreseeable future, $DBR holders will be able to replace the Doubler team as protocol administrators, handing full control to the community.
Through this process, DBR will officially recognize Doubler as a public and self-sufficient financial infrastructure, making it unstoppable and indestructible.
Token Allocation & Release Schedule
Token Code: DBR
Total Token Supply: 100,000,000
Token Allocation
Liquidity incentive: 40%
Ecosystem Fund: 15%
Investors: 15%
Community: 10%
Core Contributors: 10%
Consultant: 5%
Marketing & Liquidity: 5%
Token Release Schedule
Liquidity Incentive — 40,000,000 DBR
Liquidity incentives represent 40% of the total supply. These incentives are designed to reward community members for $DBR emissions as they use the product. This program will be activated as needed after the mainnet launch.
Release Schedule:
Emission Rules: The initial base emission rate is set at 10,000 DBR per day. The maximum gain is not to exceed 10,000 DBR and the total emission is not to exceed 20,000 DBR per day. For the purposes of the "DBR Token Release" stack diagram, the emission is calculated as 15,000 DBR per day.
Halving: For every 10,000,000 DBR emitted, the base emission rate will be reduced by 20%.
Ecosystem Fund — 15,000,000 DBR
The Ecosystem Fund represents 15% of the total supply. It is designed to incentivize partners and communities that make significant contributions to the ecosystem and promote a more stable and healthy growth curve.
Release schedule: 0% release at TGE, 3-month cliff period, 8-quarter linear vesting.
As the ecosystem and governance plan have not yet been released, please wait for the official announcement for more information on the specific usage and rules.
Investor — 15,000,000 DBR
Institutional investors hold 15% of the total supply.
Release schedule: 10% at TGE, 3-month cliff period, 24-month linear vesting.
Initial circulation: 1,500,000 DBR.
Community — 10,000,000 DBR
The community holds 10% of the total supply. This mainly incentivizes early participants and supporters during the testnet ITO phase.
Release schedule: 50% at TGE, and the remaining 50% in the third quarter.
More details about ITO: Click here for more ITO details. Specific airdrop rules will be announced later.
Core Contributors — 10,000,000 DBR
The team holds 10% of the total supply. These tokens serve as incentives for current and future team members.
Release schedule: 0% release at TGE, 6-month cliff period, 8-quarter linear vesting.
Advisor — 5,000,000 DBR
Advisors hold 5% of the total supply. These tokens are a reward for their expertise and services, ensuring support at all stages of the project. The issuance schedule follows the same rules as for core contributors to incentivize long-term participation and support.
Release schedule: 0% release at TGE, 6-month cliff period, 24-month linear vesting.
Marketing & Liquidity — 5,000,000 DBR
Marketing & Liquidity 5% of the total supply. These tokens will be used for initial liquidity provision and marketing efforts.
Release schedule: 10% at TGE, vesting linearly over 24 months.
Disclaimer
The Token Document is a conceptual document that outlines some of the key design principles and ideas for the creation of a digital token called $DBR. The Token Document and related website are for general information purposes only and do not constitute a prospectus, an offer document, an offer of securities, a solicitation of investment, an offer to sell any product, project or asset (digital or otherwise), or an offer to do business with any external person or entity. The information provided herein may not be comprehensive and does not imply any elements of a legally binding or contractual relationship, nor is it intended to create any legal relationship in any way. The accuracy or completeness of this information is not guaranteed, and no representations, warranties or promises are made as to accuracy or completeness. In addition, you acknowledge that the development roadmap of the project and the platform/network functionality may change, rendering the Token Document or website out of date; the Doubler Foundation or related companies have no obligation to update or correct this document.
What is Doubler?
Doubler is a DeFi tool that is a "Buff" public product for crypto assets. The product is inspired by the concept of "martingale", a traditional martingale strategy that requires a large amount of funds to support the continued growth of the betting amount. Doubler solves this problem through crowdfunding and incentivizing a portion of the profits.
In January 2024, Doubler successfully completed a seed round led by Youbi Capital. Notable contributors to this round include Bixin Ventures, Mask Network, Comma3 Ventures, Pivot Labs, Continue Capital, Sanyuan Capital, Waterdrip Capital, DWF Ventures, Gate Labs, Formless Capital, MT Capital, and CatcherVC.
Gitbook: https://doubler.gitbook.io/doubler/
Discord: https://discord.com/invite/doubler
Twitter: https://twitter.com/doubler_pro
Medium: https://medium.com/doubler-pro