According to BlockBeats, the governance token DBR of the cross-chain interoperability protocol deBridge is now available for claim. The distribution for centralized exchanges (CEX) has been completed.
Previously, BlockBeats reported that DBR would be issued at a fixed price of $0.025 per token, with a maximum investment limit of $25,000 per eligible address. A total of 200 million DBR tokens (2% of the total supply) will be issued, with a total investment cap of $5 million USDC. The total supply of DBR tokens is 10 billion, with an initial circulating supply of 1.8 billion tokens. Upon launch, the circulating supply will be allocated as follows: 10% for the community and launch, 5% for the deBridge Foundation, and 3% for the ecosystem. The remaining 82% will begin unlocking six months after the token generation event (TGE), with quarterly unlocks over three years.