In its relentless pursuit of a borderless and frictionless DeFi ecosystem, deBridge introduces DBR, marking a pivotal moment in its evolution. With meticulous design, the token distribution model is crafted to empower various stakeholders and foster long-term sustainability. Through a strategic focus on community involvement, strategic partnerships, and operational resilience, deBridge lays the groundwork for a decentralized governance framework poised for innovation and inclusivity. This launch not only signifies a commitment to advancing the DeFi landscape but also heralds a new era of empowerment and collaboration within the ecosystem.

Community-Centric Approach to Token Allocation

A significant portion of the DBR token supply, 20%, is allocated to the community and launch-related activities, emphasizing the pivotal role of users, developers, and projects within the deBridge ecosystem. This allocation encompasses genesis community airdrops, launch-related initiatives, and future distributions through seasonal points campaigns, ensuring equitable access to participation and rewards. By unlocking a portion of tokens at TGE and vesting the remainder over three years, deBridge incentivizes long-term engagement and commitment from the community.

Ecosystem Growth and Sustainability

With 26% of the token supply dedicated to ecosystem development, deBridge underscores its commitment to nurturing a vibrant and resilient ecosystem. Custodied by the governance multisig, these tokens enable funding for initiatives across developer community growth, organizational support, and ecosystem incentives. By unlocking a portion of tokens at TGE and vesting the remainder over three years, deBridge incentivizes continuous innovation and collaboration, driving sustained growth and value creation within the ecosystem.

Recognition and Reward for Core Contributors

Acknowledging the invaluable contributions of core contributors, deBridge reserves 20% of the token supply for individuals instrumental in its development and success. From engineering to marketing, core contributors have played a pivotal role in shaping deBridge’s trajectory. By vesting tokens quarterly over three years, deBridge aligns incentives with long-term commitment and performance, ensuring the ongoing advancement and stability of the protocol.

Strategic Partnerships and Operational Resilience

In recognition of strategic ecosystem participants, including early supporters and partners, deBridge allocates 17% of the token supply. By rewarding strategic partners with vested tokens, deBridge incentivizes continued collaboration and alignment of interests, bolstering operational resilience and long-term success. Moreover, by rewarding validators with vested tokens, deBridge ensures the reliability and security of its cross-chain messaging infrastructure, reinforcing trust and confidence in the ecosystem.

Conclusion

As deBridge continues to push the boundaries of what is possible in DeFi, its commitment to decentralization, community empowerment, and operational resilience remains unwavering. Through strategic token distribution, deBridge lays the foundation for a vibrant and inclusive ecosystem, where stakeholders collaborate, innovate, and thrive. With the introduction of the DBR token, deBridge embarks on a journey towards a future defined by openness, resilience, and inclusivity, setting new standards for decentralized finance.

About deBridge

deBridge is a cross-chain interoperability and liquidity transfer protocol that allows the truly decentralized transfer of assets between various blockchains.

SOURCE

https://debridge.finance/blog/debridge-introduces-dbr/

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This integration of Swing with deBridge allows for capital-efficient and smooth cross-chain value transfers in a single transaction.

Overview

deBridge is a secure cross-chain infrastructure that enables seamless interoperability between blockchains while powering message and liquidity transfers. The protocol enables projects to connect smart contracts that exist on different chains, bundling them with value transfer into a single transaction (tx). This offers up a slew of strong options, including cross-chain value transfer + any arbitrary activity, cross-chain arbitrage, and NFT transfers.

While deBridge is an infrastructural layer connecting blockchains, it also supports various complementary dApps (called deApps). These include deSwap (cross-chain AMM), dePort (development of cross-chain synthesizers), and deNFT (coming soon). When NFTs are published, they will interoperate across chains.

How Does It Work?

deBridge is a messaging infrastructure that enables general-purpose cross-chain message exchanges. This implies that developers may create contracts that performs across various blockchains, with deBridge conveying the instructions through the CALLDATA command. This, together with the implementation of off-chain validation, provides the door for a nearly infinite number of dApps to make use of the benefits of sending currency and messages in the same transaction.

There are essentially three sorts of data that may be sent to the target chain using deBridge:

• Value (i.e. tokens and liquidity)
• Messages
• Value + Messages

Cross-chain swaps and value transfers are the most apparent applications for this technology, allowing orders to be completed across various chains to receive the best available cost. Swing presently uses deBridge in this manner, but the infrastructure also allows developers to create cross-chain yield farming, arbitrage, governance, lending, and other protocols and applications that want to use cross-chain messaging.

Security Features

When a cross-chain transaction is initiated using the deBridge smart contract, it is given a unique hash. This hash serves as a transaction identifier and ensures that each message sent over the deBridge protocol is unique. Before validation happens, deBridge validators follow emitted events to deBridge on all supported chains. Wait for finality to establish on the source chain until the individual transaction reaches finality.

If everything is correct, it is sign by the validator set using their matching private keys and upload to the deBridge API. These validator signatures, maintains on IPFS as proof and may obtain by anybody (user/keeper) to be sent via the deBridge smart contract on the destination chain. If the deBridge validators meet the minimum signature requirement (8/12), the transaction will execute and the call data will sent to the destination chain.

This configuration provides both transparency and security by providing all parties with a clear picture of tx progress and finality. It’s also worth noting that deBridge has undergone over 17 audits, has an active bug bounty program, and has a wide range of security implementations and procedures in place.

deSwap

deSwap, the first cross-chain AMM created by the deBridge team to take advantage of the protocol’s ability to execute multichain swaps.

Features:

• Speed: trades finalize in less than 2 minutes for most blockchains.
• Simplicity: unlike some cross-chain platforms, deSwap doesn’t require users to have the gas token or the tokens to be claim on the destination chain.
• Efficiency: Optimal routing minimizes slippage and provides greater capital efficiency. All of these features will  improve with the launch of DLN.

deSwap Liquidity Network (DLN)

deSwap Liquidity Network (DLN), a new cross-chain value transfer architecture and design for channeling liquidity cross-chain. With DLN, there’s no need for locked liquidity or wrapped assets. Instead, liquidity is supplying on demand in the most capital efficient way possible, all with low fees and no slippage.

The design of DLN overcomes many of the downsides to operating in multiple blockchain ecosystems. Such as the need to launch dedicated liquidity mining campaigns which has been the case to date. Typically, liquidity is trap on one network. It cannot be readily move to where it is need in a timely manner. With DLN, liquidity is transmit swiftly and without the danger of frozen liquidity.

The other advantage to DLN versus incumbent solutions is that DLN supports zero-slippage transfers. Indeed. this ensures that users and projects don’t see profits eroded through excessive bridging fees.

Overall Features that define DLN include:

• Zero slippage on any order side
• Unlimited market depth
• Guaranteed rates and lowest fees
• Fastest settlement for cross-chain transfers
• Native token bridging (no wrapped assets)
• Limit orders for cross-chain swaps
• Zero locked liquidity (0 TVL) at risk

About Swing

Swing is a unified cross-chain solution for crypto liquidity and bridge aggregation on major EVM & Non-EVM networks such as Polygon, BSC, Avalanche, Moonriver, Harmony, xDai, Arbitrum, Fantom, and more. However, Swing’s widget comes with custom configurations for 30+ cross-chain bridges and liquidity sources along with thousands of supported tokens. Through their SDK, Widget & API, Swing enables web3 developers to reduce go-to-market time on their product by letting them easily connect their dApp to cross-chain liquidity from bridges, and blockchains with just a few lines of code.

Website | Twitter

About deBridge

deBridge is a cross-chain interoperability and liquidity transfer protocol that allows the truly decentralized transfer of assets between various blockchains.

Website | Twitter

SOURCE

https://swingxyz.substack.com/p/swing-integrates-debridge-for-capital?sd=pf

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Users can now enjoy increased opportunities for cross-chain swaps between any assets in one transaction, by using deBridge as a swap provider.

How Integration works

As a multi-chain wallet that offers quick and easy access to cross-chain swaps, NFT collections, and more, Liquality is always looking for partners that add to its objective of delivering the best user value and experience.

deBridge connects Ethereum, Polygon, BNB Chain, Arbitrum, and Avalanche. You can use it in the same way you would use our other providers. When you want to swap assets between two chains, you will receive a quote from deBridge. Simply select it on the ‘rate’ field in the wallet, and you’re all set!

Behind the scenes, the deSwap API abstracts all transaction steps from the source chain to the destination chain, making for a completely intuitive user experience.

About Liquality

Liquality is the one wallet to cover all chains. Hold and swap your assets across multiple chains in one easy-to-use wallet. Use the Liquality wallet to explore Bitcoin, Ethereum, and other chains like Polygon, Optimism, Avalanche, BNB Chain, Arbitrum, and Rootstock in a secure, one-stop wallet. Liquality: One Wallet. All Chains. All NFTs.

Website | Twitter

About deBridge

deBridge is on a mission to securely unite every blockchain and bring seamless interoperability to Web3. Since launching its cross-chain DEX, deSwap, deBridge has built a suite of solutions enabling Web3 teams to build powerful cross-chain applications across DeFi, NFTs, Metaverses, GameFi, and more. For more information, please visit https://debridge.finance.

Website | |Twitter

SOURCE:
https://blog.liquality.io/liquality-partners-with-debridge-as-our-new-cross-chain-swaps-provider/

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Currently the integration is geared towards builders and projects utilizing Fantom. With full support for dePort, deBridge’s native bridge for in-protocol assets, as well as generic cross-chain messaging. With these tools, developers can begin building highly composable applications to interconnect DeFi, NFT collections, or DAO protocols between Fantom and any other supported chains. Announcing DeBridge now supports Fantom Network.

Upcoming plans

In the near future, deSwap will integrate Fantom to enable seamless cross-chain swaps between any arbitrary liquid tokens on Fantom and all supported chains. With deBridge’s transaction bundling capabilities, complex cross-chain interactions can be executed in a single transaction, giving users a truly seamless experience as they move between chains.

New to deBridge?

If you’re new to cross-chain interoperability and deBridge, here’s a summary with some top highlights. With the addition of Fantom, deBridge now supports seven blockchains:

1. Arbitrum
2. Avalanche
3. BNB Chain
4. Ethereum
5. HECO
6. Polygon
7. Fantom (NEW!)

deBridge will continue to ship support for many more blockchains — both EVM-compatible and non-EVM compatible — throughout the year.

How to get started building with deBridge

Protocols, applications, and developers can start using deBridge to build secure and seamless cross-chain experiences for Fantom by reading their developer documentation.

Applications powered by deBridge include:

• dePort
• Transaction Bundling
• deSwap
• deSwap API
• deSwap Widget

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About Fantom

Fantom is a fast, scalable, and secure layer-1 EVM-compatible platform built on a permissionless aBFT consensus protocol. Speed, low transaction costs, and high throughput make Fantom ideal for DeFi applications and real-world use-cases.

Website | Twitter

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About DeBridge

deBridge is a generic messaging and cross-chain interoperability protocol that enables decentralized transfers of arbitrary data and assets between various blockchains. Validators maintain the blockchain infrastructure and run the deBridge node to sign all transactions that pass through deBridge smart contracts in different blockchains.

Website | Twitter

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SOURCE

https://blog.debridge.finance/support-for-fantom-is-now-live-66c694e033c8

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