deBridge Foundation launches reserve fund to repurchase DBR tokens with all protocol revenue

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Mars Finance reports that the deBridge Foundation has launched a reserve fund, using 100% of protocol revenue to repurchase its native DBR tokens in the open market. As of July 24, the fund has acquired 1.3% of the total DBR supply since its launch in early June, valued at nearly $3 million. deBridge's overall treasury currently holds $30.1 million in assets, including DBR, USDC, SOL, and ETH. Additionally, the fund is exploring yield strategies and has launched a public dashboard to track assets and returns in real-time. (The Block)

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