The cross-chain interoperability protocol deBridge introduces deBridge Hooks, which enable real-time trustless data transfer between blockchains.
According to a statement shared with The Block, deBridge Hooks are designed to enable developers and protocols to integrate advanced cross-chain functionality into their applications. Solflare Wallet and Solana-powered decentralized exchange Zeta Markets are among the launch partners for the new feature.
While interoperability protocols already enabled instantaneous value transfer across blockchains, cross-chain messaging protocols for data exchange involved delays of up to 15 minutes. The project claimed that by integrating deBridge Hooks, assets and custom data can now be transferred between chains almost instantly.
For example, an application running on one blockchain, such as Solana’s lending protocol, can receive deposits in a single transaction from users holding funds on another network, such as Ethereum. The team said this eliminates the current multi-step transaction process and provides a more user-friendly application interface.
Key use cases include cross-chain asset deployment, blockchain abstraction for user acquisition, more seamless user onboarding, and automated action triggering for protocols and dapps, the team added.
deBridge’s Upcoming DBR Governance Token
deBridge announced plans for the DBR token last May, designed to decentralize governance to the community as control passes to the DAO. Once deBridge’s Delegated Staking and Slashing module is enabled, you can support validators by staking DBR tokens.
DBR will be released on Jupiter’s LFG Launchpad on October 17th. deBridge’s token distribution will allocate 20% of the total 10 billion supply to the community, with a circulating supply of 1.8 billion DBR at launch. Of the remaining supply, 26% is allocated to ecosystem support, 20% to core contributors, 17% to strategic partners, 15% to the deBridge Foundation, and 2% to validators.
The introduction of DBR follows the launch of deBridge’s points program, which distributes rewards retroactively to existing users based on past activity.
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