Key Highlights:
  • deBridge Foundation has created a Reserve Fund that uses all protocol revenue to buy DBR tokens on the open market.

  • Since June, the fund has acquired 1.3% of the 10B DBR supply, worth nearly $3M.

  • deBridge’s treasury now holds over $30M in DBR, USDC, SOL, and ETH.

  • On-chain yield strategies and a public dashboard provide transparency and real-time reporting.

Buybacks Fueled by Protocol Revenue

The deBridge Foundation has launched a Reserve Fund that dedicates 100% of protocol revenue to purchasing DBR tokens from the open market. The initiative aims to strengthen the long-term value of the token and offer full transparency into the DAO’s $30 million in assets.

Since its launch in June, the fund has already acquired 1.3% of DBR’s 10 billion total supply, equivalent to nearly $3 million. Alongside the Reserve Fund, deBridge’s broader treasury holds assets across multiple blockchains, including DBR, USDC, SOL, and ETH.

Yield-Bearing and Transparent

The fund uses on-chain yield strategies to maximize returns: idle USDC is deposited into Aave, ETH is staked via Lido, and SOL/USDC on Solana is deployed on Kamino Finance. deBridge also introduced a public dashboard for tracking purchases, holdings, and yield in real time.

Launched in 2022, deBridge is a cross-chain protocol that enables liquidity transfers without using wrapped tokens. DBR, its native token issued on Solana in 2024, governs the protocol.

Part of a Larger Trend

This buyback model mirrors similar efforts by protocols like dYdX and Pump.fun, tying token value directly to platform activity. According to DefiLlama, deBridge generates nearly $10 million in annualized fees and has an $80M market cap. The protocol previously raised $5.5 million from investors such as Animoca Brands and ParaFi Capital.

Read the full article on theblock.