deBridge token DBR will be issued through Jupiter LFG at a price of $0.025
deBridge Foundation announced that it will fairly distribute DBR tokens through the LFG (Launch Fair and Grow) mechanism on Jupiter Exchange. The purpose of this issuance is to prioritize real users rather than MEV robots in the bidding process. DBR will 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 will be issued (2% of the total supply), with a maximum investment limit of 5 million USDC. 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 per token. 50% of the DBR tokens will be claimable during the token generation event (TGE), while the remaining 50% will unlock after 6 months.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Indian Supreme Court YouTube Channel Hacked, Promoting Ripple Cryptocurrency
Decentralized Finance Revolution: 5 Leading DeFi Platforms Reshaping Financial Landscapes
Crypto Hackers Breach India’s Supreme Court YouTube Channel
Rexas Finance (RXS) Addresses Market Problems of Real-World Assets Tokenization