There seems to be a lot packed into the Staking Program here at DBR Foundation. I see lots of different pieces from other Staking experiences in Web 3. One simple question, that will make it easier to decide if I, as a DBR Holder will Stake or not, What is the point of Staking DBR?
Is it to incentivize Community Engagement?
Is it to reward validators?
Is it to increase the amount of DBR Holders?
Which ever answer you come up with, then you should gear the program to meet that goal. Because trying to fit it all goals into thr Staking program in one shot is off putting.
Pick 1 main goal
Make it easy for people to understand the rewards for staking
There are definitely a lot of different components to the DBR Staking proposal above. It’s important to cover various areas as staking will be an integral part of the deBridge (and DBR) ecosystem.
For your questions/comments:
The overall main points of staking DBR are the following:
(1) deBridge community members and users (and also DBR holders) have the ability to participate in deBridge governance and have a direct say in proposals.
(2) And also, staking of DBR for deBridge validators to provide crypto-economic security guaranteed for the deBridge messaging. This will allow the protocol to provide users of deBridge messaging with insurance from validator collusion and inconvenient activities from the validators’ end.
The suggested design is shaped to achieve these two goals.
One can say that as a subsequent of these primary points, a potential main goal for this process will be to drive as much staked DBR as possible as the direct effects of that are very positive for the deBridge protocol → overall ecosystem.
It’s important to note that there are many other goals and objectives that the deBridge DAO and ecosystem have which are not related to the staking program. Examples of these things are for instance:
(1) Increase deBridge support to more ecosystems and blockchains
(2) Integrate with more top projects in the space both on Solana and other prominent ecosystems.
Thanks for the support and advice! We will definitely have those points in mind moving forward.
I like Jupiter’s DAO and ASR as a model, so far it seems to be a huge success. However, their ASR was planned at 50M tokens per quarter and each quarter it becomes more diluted so in order to maintain the same level of interest increasing token valuation is becoming more important.
15 day unlock is a nice compromise. However, I agree with others that a prorated voting weight during the cool off period would be beneficial. Maintaining interest in the project can easily change someone’s mind regarding the decision to destake.
Using the points system for future airdrops creates too many unknowns. Rewards should be quarterly at a minimum and the reward pool should be defined/transparent (regardless of how it works, meaning a set amount or percentage of this or that).
Anyway, love the project and am buying DBR, looking forward to staking and getting more involved.
Thank you for the complete response. It does provide some clarity.
Wen can we garner more interaction and support from the community? 2025 is almost here, and it doesnt seem like there is much following or support. I would hate to see the momentum dwindle, because i believe there is a lot of potential here.
Community building is a big priority for the deBridge ecosystem and is a process that will constantly be worked towards. From various metrics such as social engagement and protocol growth, it’s clear that the deBridge product is becoming DeFi’s favourite bridge, and a strong community is developing around this overtime. We would expect that a portion of these loyal community members would be motivated to participate in governance and steer the direction of the ecosystem.
The tokenomics documentation stated that 500m $DBR would initially be transferred to the DAO Treasury, and the remaining 1 billion tokens released to Treasury quarterly over the next three years. Since TGE there’s only been something like 130m released to Treasury from what I can see. Is this something that will be fixed soon ? Given the value of the DAO Treasury is now being publicly reported, hopefully we’ll see it corrected soon.
Good to see you again here! The Treasury on deBridge.Foundation only reflects DBR that’s acquired from the open market by the deBridge Reserve Fund. We don’t reflect the “Ecosystem reserve” part of token distribution there, even though it’s owned by DAO as well, to reflect only liquid assets in the treasury composition.
Ok cool thanks. But I’m pretty sure the Treasury pie chart includes the 125m from that 1.5 B that’s used in the liquidity pool for meteora. Because buybacks are held in a different wallet.
We need to get all these tokens off the market and locked into some form of staking protocol.
We’ve all bought tokens on the promise of staking and governance and the price remains horribly low because no use case for the token has been delivered.
Governance can wait, but please roll out some form of staking asap to get these billions of tokens off the open market and locked up.
And lets buy more SOL, we are after all a protocol running on Solana
We need to get all these tokens off the market and locked into some form of staking protocol.
deBridge is continuing to take a fundamentals-first approach leading growth through product development, but agree that staking can be an important part of the picture. Hopefully will be more updates here in the near future.
And lets buy more SOL, we are after all a protocol running on Solana
You’ll see on the new deBridge Reserve Fund site that the Treasury already holds around $4M worth of SOL being staked in Kamino. This SOL was accumulated from protocol fees between mainnet launch in 2022 and the launch of the Reserve Fund, the first stage of the Reserve Fund uses 100% of protocol earnings to acquire DBR, but later on down the track other assets may be added.
