deBridge, the leading protocol for cross-chain interoperability, is pleased to announce the successful completion of the first snapshot of its Points Program and the official launch of Phase 2. This marks a major step towards deBridge’s goal of launching the DBR governance token and demonstrates deBridge’s commitment to becoming a community-owned protocol.

View Points here

Phase 1 Success

The first phase of the deBridge Points Program was a huge success with impressive community participation and interaction. Key achievements include:

· Transaction Volume: Over 2.3 million transactions.

· New Users: Nearly 250,000 new users joined the deBridge ecosystem.

· Cross-chain Volume: More than $2 billion in cross-chain transaction volume.

· Accumulated Points: Nearly 1.4 billion points.

Snapshot Details

We are pleased to announce that the first snapshot was successfully completed on July 23, 2024. With the start of the second snapshot, all users will start accumulating new points from this moment on.

Episode 1 Highlights

· Duration: 15 weeks

· Total points generated: Nearly 1.4 billion points

deBridge’s innovative points program allocates points based on user activity and fees paid to the protocol, aiming to build a positive and sustainable system. As we outlined in our Season 1 Announcement, points will be awarded to users who conduct cross-chain transactions through our applications and integration partners – applications that integrate deBridge to enable instant cross-chain transactions, community members who refer and help spread the work, and blockchain ecosystems that connect to deBridge through IaaS.

Stay Tuned

More information on the TGE and DBR token redemption will be released soon. Please stay tuned to make sure you are prepared for the upcoming developments.

Launch of Phase 2

Phase 2 of the deBridge Points Program is now live. All point multipliers will remain the same as Phase 1 until we launch the league system we are developing. Once that system is live, point multipliers will be adjusted.

For more information on point tiers and multipliers, please visit here.

About deBridge

deBridge is the Liquidity Internet for DeFi, focusing on speed, security, and user experience, driving real-time value and information delivery across the DeFi space. By achieving unified liquidity, free information exchange, and open access, deBridge transforms DeFi into a unified open market.

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