Three years ago, deBridge embarked on a mission to create a bridge that DeFi deserves, culminating in the launch of the deBridge interoperability protocol on the mainnet in early 2022. Today, deBridge is proud to announce the introduction of its governance token, DBR, marking a significant step towards decentralization and community-driven governance.

Impressive Milestones and Ecosystem Collaboration

Since its launch, deBridge has achieved significant milestones, settling over $2.35 billion in volume from 385,000 unique users without any security incidents or downtime. This success reflects the community’s support for deBridge’s vision of a borderless and frictionless DeFi ecosystem.

deBridge has collaborated with several prominent DeFi communities, including Jupiter, Solflare, Birdeye, and Zeta Markets, to build an active and sustainable ecosystem. Collectively, deBridge generates approximately $100,000 in fees daily. As control transitions to the DAO, the goal is to ensure the ecosystem’s long-term sustainability and decentralized governance, preventing any single party from dominating decision-making processes.

Balanced Token Distribution for Sustainable Growth

To maintain a balance between core contributors, strategic partners, and the community, deBridge has designed a carefully planned token distribution model for DBR. This model aims to support equal contributions from all stakeholders, ensuring the ecosystem’s long-term stability.

DBR Token Distribution Breakdown

• Community & Launch (20%): 2,000,000,000 DBR tokens are allocated to the community, including airdrops, launch-related activities, and future distributions. Half of this portion (10% of the total supply) will be unlocked at the Token Generation Event (TGE), with the remainder vesting quarterly over three years, starting six months after TGE.

• Ecosystem (26%): 2,600,000,000 DBR tokens will be held by the governance multi-sig for ecosystem activities and incentives. A small portion (3% of the total supply) will be unlocked at TGE, with the rest vesting quarterly over three years.
• Core Contributors (20%): 2,000,000,000 DBR tokens are reserved for those who have contributed to deBridge’s development. No tokens will be unlocked at TGE, with 4% unlocking six months after TGE and the rest vesting quarterly over three years.

• deBridge Foundation (15%): 1,500,000,000 DBR tokens are allocated to the deBridge Foundation for liquidity growth and protocol development. Five percent will be unlocked at TGE, with the remainder vesting quarterly over three years.
• Strategic Partners (17%): 1,700,000,000 DBR tokens are set aside for early supporters and ecosystem participants. No tokens will be unlocked at TGE, with 3.4% unlocking six months after TGE and the rest vesting quarterly over three years.
• Validators (2%): 200,000,000 DBR tokens are allocated to validators as a reward for maintaining operational resilience. No tokens will be unlocked at TGE, with 0.4% unlocking six months after TGE and the rest vesting quarterly over three years, contingent on performance.

Token Utility and Governance

DBR token holders will be able to stake their tokens to participate in DAO governance, influencing strategic protocol parameters and the integration of new chains. The governance framework will gradually take on more responsibilities, including managing the treasury and ecosystem reserves. Once the delegated staking and slashing module is live, DBR can be staked for validators to increase their slashable collateral, acting as insurance against downtime and collusion.