🚀deBridge Foundation announced that it will issue DBR tokens fairly through the LFG (Launch Fair and Grow) mechanism on Jupiter Exchange! This issuance is designed to give priority to real users rather than MEV robots to participate in the bidding. DBR tokens will be issued at a fixed price of $0.025, with an investment cap of $25,000 per eligible address, and a total of 200 million DBR will be issued, accounting for 2% of the total supply.
In addition, deBridge will also provide 3 million USDC and 100 million DBR as protocol-owned liquidity in the Meteora AMM pool, with an initial trading price of $0.03. 50% of DBR will be available at the token generation event (TGE), and the remaining 50% will be unlocked after 6 months.
The LFG issuance will be carried out on the deBridge Foundation website and will last for 24 hours. The specific issuance time will be announced later. What do you think of this issuance mechanism? Welcome to discuss in the comments section! 💬#Blockchain#DBR #LFG