This eagerly anticipated event marks a significant milestone for deBridge Finance and its growing community.
According to its blog post, the $DBR token sale will see 2% of the total token supply allocated for sale. It is pegged at a fully diluted valuation (FDV) of $250 million.
$DBR Token Sale: Building a Strong Community
This valuation indicates the projected market capitalization of the $DBR token when all potential tokens are in circulation. The sale will be conducted through the Jupiter LFG Launchpad. It is a well-regarded platform known for facilitating secure and transparent token launches.
Also, a standout feature of this token sale is its exclusivity. Only 28,029 eligible addresses will have the opportunity to participate. This approach prioritizes early supporters and committed investors in the deBridge ecosystem. So, the selection criteria for these eligible addresses have not been disclosed. However, it is common for such sales to consider various factors. These may include previous platform involvement, staking activities, and participation in community events and programs.
Source: X
So, the deBridge Finance team is optimistic about the future of $DBR, emphasizing the token’s role in bolstering the ecosystem.
More About the $DBR Token Sale
$DBR will be integral to the governance of the deBridge platform, allowing token holders to vote on key decisions and proposals. Additionally, $DBR is expected to offer various utilities within the deBridge ecosystem, including staking opportunities and incentives for platform usage.
Source: X
The end of August launch date provides potential investors ample time to prepare and ensure they meet any participation requirements. So, the deBridge team has encouraged interested parties to stay updated through their official communication channels for any announcements or additional information leading up to the sale.
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