deBridge Foundation: LFG Launch planned to start tomorrow

DailyNews

2024-10-14 13:18:31

DBR1,64%

X-4,26%

JUP-4,8%

Odaily Planet Daily News, the deBridge Foundation announced on the X platform that it plans to launch LFG Launch at 8:00 UTC on October 15th. According to previous information, deBridge Token DBR will be fairly issued on Jupiter Exchange through the LFG (Launch Fair and Grow) mechanism, with a fixed price of $0.025 per eligible Address and an investment limit of $25,000. A total of 200 million DBRs will be issued (2% of the total supply), with a total investment limit of 5 million USDC. In addition, deBridge will provide 3 million USDC and 100 million DBR in the Meteora AMM pool as Liquidity owned by the protocol, with an initial trading price of $0.03. 50% of the DBR will be available at the token generation event (TGE), and the remaining 50% will unlock after 6 months.

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