DeFi tool Doubler announced the launch of DBR token economics.

Author: Doubler Foundation

Compiled by: Elvin, ChainCatcher

At Doubler, we are committed to building a financial infrastructure that developers and users can rely on in the long term. To achieve this goal, we will fully decentralize the Doubler protocol. By launching the governance token $DBR, our goal is to gradually eliminate single points of failure and create a resilient and open protocol that can develop in multiple ways.

Today, we are proud to officially announce the token economics of $DBR. In the foreseeable future, $DBR holders will be able to replace the Doubler team as protocol administrators, transferring full control to the community.

Through this process, DBR will officially consider Doubler as a public and self-sufficient financial infrastructure, making it unstoppable and indestructible.

Token Allocation & Release Schedule

Token Code: DBR

Total Token Supply: 100,000,000

Token Allocation

Liquidity Incentives: 40%
Ecosystem Fund: 15%
Investors: 15%
Community: 10%
Core Contributors: 10%
Advisors: 5%
Marketing & Liquidity: 5%

Token Release Schedule

Liquidity Incentives — 40,000,000 DBR

Liquidity incentives account for 40% of the total supply. These incentives are designed to reward community members for earning $DBR by using the product. The plan will be launched as needed after the mainnet is activated.

Release Schedule:

Emission Rules: The initial base emission rate is set at 10,000 DBR per day. The maximum gain does not exceed 10,000 DBR, and the total emission per day does not exceed 20,000 DBR. For the purpose of the "DBR Token Release" stack chart, the emission amount is calculated at 15,000 DBR per day.
Halving: After emitting 10,000,000 DBR, the base emission rate will decrease by 20%.

Ecosystem Fund — 15,000,000 DBR

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

Release Schedule: 0% issuance at TGE, 3-month cliff, linear vesting over 8 quarters.

As the ecosystem and governance plans have not been released, please wait for official announcements for more information on specific use cases and rules.

Investors — 15,000,000 DBR

Institutional investors hold 15% of the total supply.

Release Schedule: 10% issuance at TGE, 3-month cliff, linear vesting over 24 months.
Initial Circulating Supply: 1,500,000 DBR.

Community — 10,000,000 DBR

The community holds 10% of the total supply. This primarily incentivizes early participants and supporters in the ITO stage of the testnet.

Release Schedule: 50% issuance at TGE, remaining 50% in the third quarter.
More details about ITO: Click here (https://medium.com/doubler-pro/announcing-doubler-rewards-testnet-online-ed7ab02a2db6) for more ITO details. Specific airdrop rules will be announced later.

Core Contributors — 10,000,000 DBR

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

Release Schedule: 0% issuance at TGE, 6-month cliff, linear vesting over 8 quarters.

Advisors — 5,000,000 DBR

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

Release Schedule: 0% issuance at TGE, 6-month cliff, linear vesting over 24 months.

Marketing & Liquidity — 5,000,000 DBR

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

Release Schedule: 10% issuance at TGE, linear vesting over 24 months.

Disclaimer

The token document is a conceptual document outlining some key design principles and ideas for creating a digital token called $DBR. The token document and related websites are for general information purposes only and do not constitute a prospectus, offering document, securities offering, investment invitation, sale of any product, project, or asset (digital or otherwise), or an offer to transact business with any external individual or entity. The information provided here may not be comprehensive and does not imply any element that is legally binding or contractual, nor is it intended to create any legal relationship in any way. The accuracy or completeness of this information cannot be guaranteed, and no representations, warranties, or commitments are made regarding accuracy or completeness. In addition, you acknowledge that the project's roadmap and platform/network functionality may change, resulting in the token document or website becoming outdated; the Doubler Foundation or related companies are not obligated to update or correct this document.

What is Doubler?

Doubler is a DeFi tool, a "Buff" public product for crypto assets. The product is inspired by the "martingale" concept, a traditional martingale strategy that requires a large amount of funds to support the continuous growth of betting amounts. Doubler addresses this issue by crowdfunding and incentivizing a portion of the profits.

In January 2024, Doubler successfully completed a seed round financing led by Youbi Capital. Notable contributors to this round of financing 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.

Gitbook: https://doubler.gitbook.io/doubler/

Discord: https://discord.com/invite/doubler

Twitter: https://twitter.com/doubler_pro

Medium: https://medium.com/doubler-pro

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