According to Foresight News and a report by The Block, the deBridge Foundation has launched a reserve fund that uses 100% of protocol revenue to purchase its DBR tokens on the open market. Since its launch in June, the reserve fund has acquired 1.3% of the total supply of DBR (10 billion tokens), currently valued at nearly 3 million dollars. According to details shared by the foundation, as of July 24, the fund coexists with deBridge's 'treasury', holding various tokens including DBR, USDC, SOL, and ETH, with a total value of 30.1 million dollars.
The program is still exploring yield-generating strategies to enhance the overall value of the fund. According to the project description, idle USDC stablecoins on Ethereum will be deposited into the lending protocol Aave, while ETH will be staked through the Lido platform. On the Solana platform, SOL and native USDC are deployed on Kamino Finance to generate yield. Additionally, a public dashboard has been released to track each purchase, balance, and real-time yield, providing the community with on-chain audit tracking of the foundation's balance sheet.
