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deBridge Foundation Launches Reserve Fund, Using All Protocol Revenue to Repurchase DBR Tokens

Summary: deBridge Foundation has launched a reserve fund, using 100% of protocol revenue to repurchase its native DBR tokens on the open market. Since the fund's launch in June, it has repurchased 1.3% of the total DBR supply, valued at nearly $3 million. The overall treasury of deBridge now holds $30.1 million in assets, including DBR, ...

deBridge Foundation has launched a reserve fund, using 100% of protocol revenue to repurchase its native DBR tokens on the open market. Since the fund's launch in June, it has repurchased 1.3% of the total DBR supply, valued at nearly $3 million. The overall treasury of deBridge now holds $30.1 million in assets, including DBR, USDC, SOL, and ETH. Additionally, the fund is exploring revenue strategies and has launched a public dashboard to track assets and earnings in real-time. (The Block)

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