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
Gainers
Latest Crypto News
17:15
Wormhole Foundation has purchased $5 million worth of W Tokens, recorded on its balance sheet
16:45
Hyperwhale Makes Over $10.6M in Profit on Shorting 1000 BTC with 3x Leverage
16:45
A newly created wallet has deposited 2.5 million USDC into HyperLiquid and has shorted HYPE with 10x leverage.
16:15
VanEck has once again deposited 12,600 ETH today
15:45
Institution: US Dollar Could Fall in 2026 Due to Fed Rate Cut
Read more
Community
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Services:support@weex.com