deBridge Token DBR to be Issued at a Fixed Price of $0.025 via Jupiter LFG

The deBridge Foundation announced on its social platforms that it will be issuing DBR tokens on the Jupiter Exchange in a fair manner through the LFG (Launch Fair and Grow) mechanism. The offering is designed to give real users, not MEV bots, priority in the bidding process, and the DBRs will be issued at a fixed price of $0.025, with a cap on investment per eligible address of DBR will be issued at a fixed price of $0.025, with an investment cap of $25,000 per eligible address, for a total of 200 million DBR (2% of the total supply), with a total investment cap of 5 million USDC.

Additionally, deBridge will provide 3 million USDC and 100 million DBR in the Meteora AMM pool as protocol-owned liquidity, initially trading at $0.03. 50% of the DBR will be available to be claimed at the time of the Token Generation Event (TGE), with the remaining 50% to be unlocked after 6 months. The LFG distribution will take place on the deBridge Foundation website and will last for 24 hours. The exact timing of the release will be announced at a later date. In previous news, deBridge announced the foundation's formation and the launch of the DBR airdrop inquiry page.