$DBR Tokenomics

Published in

doubler.pro

4 min readJun 24, 2024

At Doubler, we are dedicated to building a financial infrastructure that developers and users can rely on for the long term. To achieve this goal, we will fully decentralize the Doubler protocol. By launching the governance token $DBR, we aim to gradually eliminate single points of failure (the Doubler developer team) and create a resilient and open protocol capable of evolving in diverse ways.

Today, we are proud to officially announce the tokenomics of $DBR. In the foreseeable future, $DBR holders will be able to replace the Doubler team as the protocol administrators, with full control being handed over to the community.

Through this process, DBR will formally view Doubler as a public and self-sustaining financial infrastructure, making it unstoppable and unbreakable.

Token Distribution&Release Schedule

Token Ticker: 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 the community with $DBR emissions as they use the product. The program will be initiated as needed after the mainnet launch.

Release Schedule:

Emission Rules: The initial base emission rate is set at 10,000 DBR per day. With the maximum boost not exceeding 10,000 DBR, the total emissions will not exceed 20,000 DBR per day. For the purpose of the “DBR Token Release” stack chart, the emissions are calculated as 15,000 DBR per day.
Halving: The base emission rate will decrease by 20% after every 10 million DBR are emitted.

Ecosystem Fund — 15,000,000 DBR

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

Release Schedule:0% released at TGE, 3-month cliff, 8-quarter linear vesting.

💡 As the ecosystem and governance plan have not yet been released, please wait for official announcements for more information on specific uses and rules.

Investors — 15,000,000 DBR

Institutional investors hold 15% of the total supply.

Release Schedule: 10% released at TGE, 3-month cliff, 24-month linear vesting.
Initial Circulation: 1,500,000 DBR.

Community —10,000,000 DBR

The community holds 10% of the total supply. This mainly incentivizes early participants and supporters during the testnet ITO phase.

Release Schedule: 50% released at TGE, remaining 50% released in Q3.
More Details On ITO: Click here 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 are reserved as incentives for the current and future team members.

Release Schedule: 0% released at TGE, 6-month cliff, 8-quarter linear vesting.

Advisors — 5,000,000 DBR

Advisors hold 5% of the total supply. These tokens are rewards for their expertise and services, ensuring support throughout the project’s various stages. The release schedule follows the same rules as the Core Contributors to incentivize long-term participation and support.

Release Schedule: 0% released at TGE, 6-month cliff, 24-month linear vesting

Marketing & Liquidity — 5,000,000 DBR

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

Release Schedule: 10% released at TGE, 24-month linear vesting .

Disclaimer

The token document is a conceptual paper outlining some of the key design principles and ideas for creating a digital token named $DBR. The token document and related websites are for general information purposes only and do not constitute a prospectus, offer document, securities offer, investment solicitation, offer to sell any product, project, or asset (digital or otherwise), or an offer to conduct business with any external person or entity. The information provided here may not be exhaustive and does not imply any elements of a legally binding or contractual relationship, nor is it intended to create any legal relations in any way. There is no guarantee of the accuracy or completeness of this information, and no representations, warranties, or commitments are made regarding its accuracy or completeness. Additionally, you acknowledge that the project’s development roadmap and platform/network functionalities may change, causing the token document or website to become outdated; Doubler Foundation or related companies are under no obligation to update or correct this document.

📚What is Doubler?

Doubler is a Defi tool, which is a “Buff” public product for crypto assets. The product is inspired by the concept of “martingale”, a traditional martingale strategy that requires a large amount of money to support the continuous growth of the betting amount. Doubler solves this problem by crowdfunding and incentivizing a portion of the profits.

In January 2024, Doubler successfully closed its seed funding round, spearheaded by Youbi Capital. Notable contributors to this round 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.