deBridge Blockchain Protocol Launches DBR Governance Token
CryptoNewsTerminal Staff21 May, 2024
deBridge Blockchain Protocol Launches DBR Governance Token
The cross-chain protocol deBridge has launched its governance token, DBR, according to a recent report by The Block. With a total supply of 1 billion tokens, DBR grants token holders voting rights within the deBridge Decentralized Autonomous Organization (DAO). DBR token holders can also stake their tokens to support deBridge validators, contributing to the security and efficiency of the network. This launch marks a significant step in deBridge's development, empowering the community to participate in the governance and direction of the protocol.