DeFi tool Doubler announces DBR tokenomics

Original title: $DBR Tokenomics

Author: Doubler Foundation

Compiled by: Elvin, ChainCatcher

Doubler is committed to building a financial infrastructure that developers and users can rely on for a long time. To achieve this goal, the project will fully decentralize the Doubler protocol. By launching the governance token $DBR, we are gradually eliminating single points of failure, creating a resilient and open protocol that can grow in multiple ways. Today Doubler officially announced the economics of DBR tokens. $DBR holders will be able to replace the Doubler team as protocol administrators, handing full control to the community. Token allocation & release timetable

token distribution

Investors: 15%
• Community: 10%
• Core Contributors: 10%
• Advisors: 5%
• Marketing & Liquidity: 5%

Liquidity incentives account for 40% of the total supply. These incentives are designed to reward community members and will be activated as needed after the mainnet launch.

Release Schedule:

• Release Rules: The initial base release rate is set at 10,000 DBR per day. Maximum gain does not exceed 10,000 DBR and total release does not exceed 20,000 DBR per day. For the purposes of the "DBR Token Release" stack chart, releases are calculated at 15,000 DBR per day.
• Halving: After every 10,000,000 DBR released, the base release rate will be reduced by 20%.

The Ecosystem Fund accounts for 15% of the total supply. It aims to incentivize partners and communities that make significant contributions to the ecosystem, promoting a more stable and healthy growth curve.

• Release schedule:0% at TGE, 3-month lock-up period, 8-quarter linear vesting.

The ecosystem and governance plan has not been released yet, please wait for the official announcement for more information on specific uses and rules.

Institutional investors hold 15% of the total supply.

• Release schedule:10% issuance at TGE, 3-month lock-up period, 24-month linear vesting.
• Initial circulation:1,500,000 DBR.

The community holds 10% of the total supply. This mainly motivated early participants and supporters during the ITO phase of the testnet.

• Release schedule:50% will be released at TGE and the remaining 50% will be released in the third quarter.
• More details about ITO: Click here for more details about ITO. Specific airdrop rules will be announced later.

The team holds 10% of the total supply. These tokens serve as incentives for current and future team members.

• Release schedule: 0% at TGE, 6-month lock-up period, 8-quarter linear vesting.

Advisor holds 5% of the total supply. These tokens are a reward for their expertise and services, ensuring support at all stages of the project. The release schedule follows the same rules as core contributors to incentivize long-term participation and support.

Release schedule: 0% at TGE, 6-month lock-up period, 24-month linear vesting.

Marketing & Liquidity represents 5% of the total supply. These tokens will be used for initial liquidity provision and marketing efforts.

Release schedule: 10% issuance at TGE, 24-month linear vesting.

Doubler is a DeFi tool and a “ Buff” public product for crypto assets. The product is inspired by the concept of “ martingale”, a traditional martingale strategy that requires a large amount of capital to support the continued growth of the bet amount. Doubler solves this problem by crowdfunding and incentivizing a portion of profits.

In January 2024, Doubler successfully completed a seed round of financing led by Youbi Capital. Investors in the round include Bixin Ventures, Mask Network, Comma3 Ventures, Pivot Labs, Continue Capital, Sanyuan Capital, Waterdrip Capital, DWF Ventures, Gate Labs, Formless Capital, MT Capital and CatcherVC.