Doubler Lite has made its debut on the Arbitrum One Mainnet, offering a remarkable 500,000 DBR 'Liquidity Airdrop' for enthusiastic participants.

A protocol focused on the separation of asset yield rights. Doubler Lite (DBR) announced its launch on the Arbitrum This mainnet aims to boost asset yield management considerably.

Arbitrum Arbitrum operates as a Layer 2 decentralized blockchain ecosystem, designed to support smart contracts while adhering to proof-of-stake principles, all crafted to enhance scalability and performance.

At the same time as its launch, the protocol kicked off a five-day 'Liquidity Airdrop' event, redistributing 500,000 DBR tokens with the goal of encouraging community involvement in the mainnet product trial. Each individual can contribute up to $200 worth of cryptocurrency.

To get involved, participants must have C tokens in their wallets. Snapshots of these tokens will be captured after the Liquidity Airdrop concludes, ensuring that wallets with these assets can receive rewards. The airdrop is scheduled for distribution on July 25th, allowing up to 1,000 DBR tokens per wallet.

Participants can obtain C tokens by minting them after entering their ETH or USDT amounts on the input page, with a cap set at 200 USDT. Alternatively, these tokens can also be bought on the secondary market. wETH Doubler Lite has officially launched on the platform.

Doubler Lite utilizes a refined martingale strategy to capture external returns, effectively distributing the protocol’s gains and losses through the tokenization of yield rights. Its key objective is to offer risk mitigation and optimizing returns for assets with innovative solutions. Moreover, it provides alternative trading assets based on yield rights for those operating in the secondary market.

The initiative is backed by notable venture firms such as Youbi Capital, Bixin Ventures, and Mask Network, along with several other well-known investors, ensuring robust financial and strategic backing.

The recent rollout of the DBR tokenomics revealed a total supply of 100 million tokens. Out of this total, 40% is earmarked for liquidity rewards, 15% allocated to an ecosystem fund, another 15% for investors, 10% dedicated to a community airdrop intended to motivate early adopters, 10% for the core development team, along with 5% for consultancy and another 5% for marketing and liquidity initiatives.

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