deBridge: During the TGE, the top 10% of token holders can choose to receive all DBR Tokens, but they need to pay a fine of 20%.

ForesightNews · 2024-08-14T01:50:26+00:00

The deBridge Foundation, a Cryptocurrency project, stated that the top 10% of token holders will receive approximately 76% of the token distribution after Token issuance, but they need to choose a withdrawal method. The first option is to receive 50% at TGE and the remaining 50% within 6 months after TGE. The second option is to receive all DBR Tokens at TGE, but a 20% penalty must be paid, and the penalty will be redistributed as a bonus to participants who choose this option. The remaining 90% of users can receive all DBR at TGE.

ForesightNews

2024-08-14 01:50:26

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Foresight News reported that deBridge Foundation has updated the Token redemption information for the top 10% vesting holders of deBridge in Q1. Option 1 is to choose to redeem 50% of the DBR Token at TGE and the other 50% within 6 months after TGE; Option 2 is to choose to redeem all DBR Tokens at TGE, but a 20% penalty needs to be paid. All DBR penalties will be redistributed as bonuses to participants who choose the vesting plan. Previously, deBridge Foundation stated that the top 10% of Addresses in the first quarter distribution will receive approximately 76% of the Token distribution, because a special distribution schedule (i.e. 50% can be redeemed at TGE, and the other 50% can be redeemed within 6 months after TGE) has been set for these Addresses. The remaining 90% of users will be able to redeem 100% of the DBR Token at TGE.

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