We’re thrilled to announce that all the eligible users can now claim their vested DBR allocation on the deBridge Foundation website. Starting today, more than 200,000 users, including deBridge Season 1 points holders who chose to vest and LFG vault users, can now claim DBR tokens on the deBridge Foundation website.
Read this blog post to understand eligibility criteria, future plans for DBR’s utility, and learn how to claim DBR tokens.
Who can claim vested DBR?
LFG vault users and deBridge airdrop recipients who chose Option 1 at TGE have already claimed 50% of their allocation as of October 17, 2024. With the vesting period concluding on April 17, 2025, here are all the eligible users who can claim their DBR allocation:
- LFG vault users who participated in DBR's Launch on LFG.
- Airdrop recipients who selected “Option 1” at TGE
The airdrop recipients will also receive a bonus along with the vested allocation. The bonus includes the DBR penalties from participants who chose not to vest at TGE.
Utility of the DBR token
DBR is the governance token of the deBridge protocol. DBR holders will help shape the protocol's decisions, making it more inclusive for the community. deBridge governance will help be in charge of managing the Treasury, ecosystem reserves, and helping shape the direction of deBridge’s development.
deBridge is actively developing DBR staking, allowing DBR holders to engage in DAO governance voting and contribute to decision-making on strategic protocol parameters.
After the delegated staking and slashing module is live, staked DBR can be re-staked for validators of deBridge messaging to increase their slashable collateral, which acts as insurance against downtime, censorship, and collusion. Strategic partners and core contributors won’t be able to stake locked tokens until they are vested.
The deBridge DAO will also take on more responsibilities, including governance and the upgradability of smart contracts.
How can you claim DBR tokens
All the above-mentioned eligible users can claim their DBR tokens. Head over to https://debridge.foundation to claim your allocation. Read more to find out how you can claim your allocation onchain.
- Proceed to https://debridge.foundation & connect your eligible EVM or Solana wallet.
- Click on “Claim 50% vested with bonus in 6 months after TGE" from the dropdown menu. Please note that the connected Solana wallet will receive DBR tokens.
- Next, click on “Connect recipient address and claim” to connect your Solana wallet.
- Confirm the transaction in your Solana wallet. You will receive the vested allocation of DBR tokens based on your chosen claim speed.
Please note that only the airdrop recipients are eligible to receive the bonus along with their vested DBR allocation.
DBR is live on multiple CEXes
DBR is already live on Meteora, Kraken, Kucoin, Gateio, HTX, Bybit, Bitget, MEXC, Bitrue, Coinone, Crypto.com, Backpack, Bitvavo, Aevo, Drift Protocol, Cube, BitMart, BingX, and many more exchanges.
Frequently Asked Questions (FAQs)
Q1. Can I claim my vested allocation of Season 1 deBridge Points Program?
A: All the airdrop recipients who chose “Option 1” at TGE can claim the vested allocation now, along with a bonus. The bonus includes the DBR penalties from participants who chose not to vest at TGE.
Q2. Where can I see the claimed DBR tokens?
A: All claimed DBR tokens will be available in your connected Solana wallet.
Q3. What happens to the participants of the LFG launch?
A: All the LFG launch participants who deposited USDC in the vault will be able to claim the vested 50% of their DBR tokens starting today (April 17) at 8 AM (UTC)
Q4. Can I claim DBR tokens from multiple eligible EVM wallets in a single Solana wallet?
A: Yes, you can claim DBR tokens from multiple EVM wallets in a single Solana wallet.
Q5. Where can I get support for DBR claiming?
A: You are welcome to join our Discord for any questions. Open a ticket, and we will help you out. https://discord.gg/debridge