logo

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

By: odaily.com|2025/07/24 12:12:00

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)

Galaxy CEO: Ethereum is expected to outperform Bitcoin in the next 3-6 months
Value of around $23.8 billion worth of ETH is currently staked in the Ethereum PoS network, while approximately $11.4 billion worth of ETH is waiting to join.

You may also like

Share
copy

Gainers

Latest Crypto News

12:15

BNB Treasury Company CEA Industries Appoints Crypto Asset Expert Annemarie Tierney as Director

12:15

CME EBS Market will open at 8:00 PM

12:15

NBA Star Carmelo Anthony: Wanted to Invest in Cryptocurrency Years Ago, but Was Dissuaded by Friends

11:45

「Buddy」 reduced their HYPE long position in the last hour and increased their ETH long position.

11:45

Two South Korean police officers were charged with assisting $186 million in crypto money laundering through bribery.

Read more
Community
icon
icon
icon
icon
icon
icon
icon
icon

Customer Support@weikecs

Business Cooperation@weikecs

Quant Trading & MM[email protected]

VIP Services[email protected]