deBridge Foundation launches reserve fund to repurchase DBR tokens with all protocol revenue

Odaily News The deBridge Foundation has launched a reserve fund that will use 100% of the protocol revenue to repurchase its native DBR tokens on the open market. As of July 24, the fund has acquired 1.3% of the total supply of DBR since its launch in June, worth nearly $3 million. The deBridge overall treasury now holds $30.1 million in assets, covering DBR, USDC, SOL, and ETH. In addition, the fund is exploring income strategies and has launched a public dashboard to track assets and income in real time. (The Block)