DBRdeBridge (DBR) Price

1.Project introduction

deBridge is DeFi's internet of liquidity, enabling real-time movement of assets and information across the DeFi landscape. Without the bottlenecks and risks of liquidity pools, deBridge can power all type of cross-chain interactions with deep liquidity, tight spreads, and guaranteed rates.

The validation of cross-chain transactions is performed by a network of independent validators who are elected by and work for deBridge governance. Validators maintain the blockchain infrastructure and each run a deBridge node to sign all transactions that pass through deBridge smart contracts on different supported blockchains.

2.Investment institution

deBridge Finance received $5.5 million in seed funding in September 2021, led by ParaFi Capital, and included investors such as Animoca Brands, GSR and IOSG Ventures.

3.Token application and distribution

Token application：

DBR token holders will be able to stake their tokens and participate in governance votes on DAO protocol parameters, including electing active validators, setting minimum consensus thresholds, and deploying and upgrading smart contracts.

Token distribution:

20% to Launch and its community

26% to ecosystem support,

20% to core contributors,

17% to strategic partners,

15% to the deBridge Foundation, and

2% to validators.