deBridge has launched its governance token DBR, with a significant airdrop to 491,286 early users and community members. The token operates on the Solana blockchain, featuring an initial circulation of 1.8 billion tokens within a maximum supply of 10 billion. Airdrop recipients have options for claiming tokens: 50% can be claimed at the token generation event (TGE) and the remaining 50% six months later, or 80% at TGE with a 20% penalty. Trading commenced at $0.03 per token, targeting a fully diluted valuation of $300 million. The DBR token will enable holders to participate in governance decisions related to the deBridge protocol, which facilitates cross-chain services for transferring funds between networks like Ethereum and Solana. Since its inception, deBridge has recorded over $3.3 billion in bridged volume, generating substantial revenue for the platform. Strategic partners and core contributors face a lock-up period after TGE, with vesting beginning six months later, releasing 20% initially and the rest quarterly over three years.

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