DBR Tokenomics
Last updated
Last updated
With the deBridge Foundation in place, it’s now time to move further towards decentralization, handing power over to the community through a thriving governance system. This won’t happen overnight. Just as the product and tech stack has evolved and matured over years, the deBridge governance will gradually take on more and more responsibilities, with the goal of completely taking over decentralized control over the project.
Genesis community airdrop: this part is to be distributed to users and projects based on the future snapshot of Season 1 of deBridge points program.
Launch-related activities (for example, Jupiter’s LFG launchpad in case deBridge is supported by the Jupiter DAO).
Future distributions that will be performed through the next seasons of points campaigns.
The deBridge community represented by our users, developers and projects using our infrastructure is vitally important to the success of deBridge. This part of the token supply consists of several parts.
10% unlocked at TGE:
Season 1 airdrop: 6%
LFG Vault: 2%
Jupiter LFG Reward: 1%
Meteora Pool: 1%
The remainder is subject to 3 year quarterly vesting, starting 6 months after TGE.
This part of the token distribution will be custodied by the governance multisig and can be used with the approval of governance voting for ecosystem-level activities and incentives that bring value to the deBridge ecosystem. These include initiatives across developer community growth, community organizations, and more.
300,000,000 DBR of the Ecosystem portion, 3% of total DBR supply, will be unlocked at TGE and the remainder is subject to 3 year quarterly vesting, starting 6 months after TGE.
This portion of the token supply is reserved for core contributors, who have worked for years across engineering, infrastructure, business development, security, marketing, and more to get deBridge to where it is today.
No DBR will be unlocked at TGE for the core contributors. 400,000,000 DBR (4% of total DBR supply) of the Core Contributor portion will be unlocked 6 months after TGE and the remainder will be vested quarterly over 3 years.
This part of the supply goes to the deBridge Foundation treasury. It is to be used for growing the liquidity of DBR throughout the lifecycle of the token, and leading development of the protocol and growth of the ecosystem through various initiatives, such as grants and long term incentives programs.
The deBridge Foundation will be obliged to act in favor of the entire DAO, and its key participants including the core contributors, strategic partners, and the community.
500,000,000 DBR (5% of total DBR supply) will be unlocked at TGE and the remaining (10%) is subject to 3 year quarterly vesting, starting 6 months after TGE.
17% of the total supply of DBR has been set aside for strategic ecosystem participants including angels, founders, and funds who supported deBridge from the early days and helped to bootstrap the protocol before it became economically-sustainable and those who joined us later to enable strategic synergies and support the long-term success and growth of the deBridge ecosystem.
No DBR will be unlocked at TGE for the strategic partners. 340,000,000 DBR (3.4% of total DBR supply) of their stake will be unlocked 6 months after TGE and the remainder will be vested quarterly over 3 years.
Validators play a crucial role in maintaining operational resilience of deBridge cross-chain messaging, and they have performed tremendously with zero downtime incidents since mainnet launch 2+ years ago. This portion is a reward for their contribution, and a long-term incentive to continue their work for the ecosystem. The “deBridge validator” run by the core contributors for R&D purposes is excluded from this distribution.
No DBR will be unlocked at TGE for validators. 40,000,000 DBR (0.4% of total DBR supply) of their stake is unlocked 6 months after TGE and the remainder is vested quarterly over 3 years as long as they continue to demonstrate excellent and reliable performance, without forging or censoring transactions.
