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What is deBridge (DBR)?

deBridge basic info

Name:deBridge
Ticker:
Introduction:

What Is deBridge?

deBridge is a generic messaging protocol and cross-chain interoperability infrastructure designed to enable seamless communication between blockchains. It allows decentralized applications (dApps) to transfer assets, data, and messages across multiple blockchain ecosystems. By focusing on decentralized security and scalability, deBridge solves the common challenges of cross-chain communication, including liquidity bottlenecks, asset custody risks, and fragmented smart contract interactions.

Launched during the Chainlink Global Hackathon in 2021, deBridge aims to be a foundational layer for DeFi and Web3 applications. The protocol eliminates the need for liquidity pools, providing a more secure and scalable solution for developers and users looking to bridge assets and data between chains.

How deBridge Works

deBridge operates using two main components: on-chain smart contracts and an off-chain infrastructure of validators.

  1. Cross-Chain Message Transfers: deBridge facilitates cross-chain message transfers, enabling dApps on different blockchains to interact with each other. Developers can build cross-chain applications that communicate seamlessly, performing actions like value transfers, contract calls, and data transfers across multiple chains.

  2. Lock-and-Mint Mechanism: For asset transfers, deBridge uses a "lock-and-mint" approach. The native token on the source chain is locked in a deBridge smart contract, and a corresponding synthetic representation (deAsset) is minted on the target chain. This guarantees a 1:1 backing, ensuring that the supply of deAssets is always collateralized by the locked tokens on the source chain.

  3. Solvers and Validators: Solvers are third parties that fulfill cross-chain orders by providing liquidity on the destination chain. Validators monitor transactions and provide signatures to ensure the validity of cross-chain transfers. deBridge's decentralized validator network secures the protocol, using mechanisms like delegated staking and slashing to discourage validator misbehavior.

  4. Interoperability-as-a-Service (IaaS): deBridge also offers Interoperability-as-a-Service (IaaS), enabling blockchain ecosystems to easily integrate cross-chain functionality. This subscription-based service provides authenticated message transfers, asset custody, and cross-chain value exchange for EVM and SVM blockchains.

What Is The DBR Token Used For?

The DBR token is the native utility token of the deBridge ecosystem. With a total supply of 10 billion tokens, it plays a crucial role in governance and protocol security:

  1. Governance: DBR token holders participate in the decentralized governance of the deBridge protocol. They can vote on key decisions, including changes to protocol parameters, fees, and validator selections.

  2. Validator Staking: Validators are required to stake DBR tokens as collateral to participate in the network. This ensures that validators are financially incentivized to maintain the integrity of the protocol. Validators and delegators (users who delegate their DBR to validators) earn rewards from protocol fees, creating a secure and decentralized ecosystem.

  3. Slashing and Security: DBR tokens are also part of deBridge's slashing mechanism. If validators attempt to collude or act maliciously, their staked DBR tokens are slashed as a penalty, helping to secure the protocol against attacks.

Fees and Supported Chains of deBridge

deBridge charges fees to process cross-chain transactions. These fees consist of two components:

  1. Flat Fees: Users pay a flat fee in the native gas token of the source chain. This fee covers the cost of validators securing the transaction and sending messages between chains.

  2. Variable Fees: A variable fee of 4 basis points (0.04%) is applied to the value of the assets being transferred. This fee is deducted in the input token being transferred.

Fees are dynamic and should be queried directly from the deBridge smart contracts to ensure accuracy. Additionally, fees are refunded if a limit order is canceled before fulfillment.

Supported Chains: deBridge supports a wide range of EVM-compatible and non-EVM chains, allowing for cross-chain transfers between major blockchains. Popular chains like Ethereum, BNB Chain, Solana, Polygon, and more are integrated into the deBridge network. New chains can be added seamlessly as the protocol scales, with validators automatically starting to process transactions once new chains are integrated.

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Current price:
All-time high:$0.04344
All-time low:$0.01787

DBR supply and tokenomics

Circulating supply:1,169,148,400 DBR
Total supply:9,999,997,159.6 DBR
Max supply:10,000,000,000 DBR
Market cap:$41.54M
Fully diluted market cap:$355.28M

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What is the development prospect and future value of DBR?

The market value of DBR currently stands at $41.54M, and its market ranking is #764. The value of DBR is not widely recognized by the market. When the bull market comes, the market value of DBR may have great growth potential.

As a new type of currency with innovative technology and unique use cases, DBR has broad market potential and significant room for development. The distinctiveness and appeal of DBR may attract the interest of specific groups, thereby driving up its market value.

What will the price of DBR be in 2025?
Based on DBR's historical price performance prediction model, the price of DBR is projected to reach $0.04079 in 2025.
What will the price of DBR be in 2030?
In 2030, the DBR price is expected to change by -15.00%. By the end of 2030, the DBR price is projected to reach $0.05115, with a cumulative ROI of +49.71%.
Reminder: Just like all cryptocurrency investments, investors must closely monitor the market performance of DBR and be aware of the associated risks. The world of cryptocurrencies is full of uncertainties, so thorough research and preparation are essential.

Is DBR worth investing or holding? How to buy DBR from a crypto exchange?

If you want to buy DBR, the following information may be helpful for your investment decisions:
In the last seven days, the price of DBR has risen by 26.52%, leading to positive returns for most DBR investors. The market is currently optimistic about the price trend of DBR.
It is important to note that the current price of DBR has retreated by -18.21% from its all-time high. This coin is currently considered medium-risk, and its price may rebound or continue to fall.
Additionally, it's important to understand that each coin has its own optimal times for buying and selling. The optimal time to invest is dynamic: when a coin is undervalued, it's wise to adopt a buying strategy; when it becomes overvalued, you should decisively sell the coin.
To decide whether DBR is worth investing in, you need to consider various market factors such as the overall trend of the cryptocurrency market, the project's fundamentals, its current market valuation, and whether the current price is suitable for buying. If the project's fundamentals suddenly change or the price becomes excessively high, you should adjust your investment strategy and trading operations accordingly.
Your investment decisions should be based on your own risk tolerance, financial status, market analysis and research, especially the timing of your investments. Correct timing can ensure more reliable returns. Keep in mind that investing in DBR or any cryptocurrency comes with certain risks and uncertainties.
Regardless of your outlook on the development prospects and future trends of DBR, if you want to buy or sell DBR, you can consider Bitget for your trading needs. The best place to buy DBR is an exchange that offers hassle-free and secure transactions, combined with a user-friendly interface and high liquidity. Every day, millions of users choose Bitget as their trusted platform for crypto purchases.
Investing in deBridge has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy deBridge. Here's a step-by-step guide on how to buy deBridge on Bitget.

How to get deBridge through other methods?

Using cash to buy deBridge is not the only way to obtain deBridge. If you have the time to spare, you can get deBridge for free.
Learn how to earn deBridge for free through the Learn2Earn promotion.
Earn free deBridge by inviting friends to join Bitget's Assist2Earn promotion.
Receive free deBridge airdrops by joining ongoing challenges and promotions.
All crypto airdrops and rewards can be converted to deBridge through Bitget Convert, Bitget Swap, or spot trading.

What is deBridge used for and how to use deBridge?

The use case of deBridge may expand as the crypto market and the project itself develop. Currently, you can use DBR to achieve the following goals:
Arbitrage by trading DBR: Since DBR is a frequently traded cryptocurrency, the price of DBR is always fluctuating. Earn more DBR by buying low and selling high on the exchange. Bitget spot market provides a variety of DBR trading pairs to fully meet your needs.
Earn by staking DBR: You can also generate income through financial management methods such as staking DBR or lending DBR. Bitget Earn offers a variety of financial products designed to help you earn more income from your DBR.
Send or pay DBR: If you want to give DBR to your friends, a charity, or a fundraiser, or you want to pay someone with DBR, you can quickly and easily send DBR to the recipient through their payment address.
You can also go to the official website of the deBridge project to learn more about the use cases of DBR. For example, find out if the project supports the use of within its community or ecology, or if the project allows you to purchase physical or virtual products in .

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DBR resources

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DBR price calculator

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DBR
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1 DBR = 0.03526 USD
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