DeBridge to Launch Governance Token DBR on Solana in August

IconCryptoNewsTerminal Staff24 Jul, 2024

cryptonews.jpg

DeBridge to Launch Governance Token DBR on Solana in August

DeBridge, a cross-chain service, will launch its governance token DBR on Solana next month. As per Coindesk, the snapshot to determine qualified DBR recipients was taken on July 23 at 9 pm UTC. DeBridge enables users to transfer assets between chains including Ethereum, Arbitrum, Solana, and Base. Since April, it has processed over 2.3 million transactions and facilitated over $2 billion in volume. DBR token holders will have the opportunity to participate in the governance of the DeBridge protocol. This announcement has sparked excitement within the cryptocurrency community, as DeBridge has emerged as a leading player in the cross-chain space. Users eagerly anticipate the launch of DBR and the increased utility it will bring to the DeBridge ecosystem.

Related News