deBridge Hooks have been launched by the cross-chain interoperability protocol deBridge, enabling real-time trustless data transfers between different blockchains.
According to a statement shared with The Block, deBridge Hooks are specifically designed to allow developers and protocols to integrate advanced cross-chain functionalities into their decentralized applications (dapps). Launch partners include Solflare Wallet and Solana-based decentralized exchange Zeta Markets.
While the interoperability protocol already facilitated instant value transfers across blockchains, its cross-chain messaging protocol for data exchange previously involved delays of up to 15 minutes. By implementing deBridge Hooks, assets and custom data can now be transferred between chains almost instantly.
For instance, an application operating on one blockchain, such as a lending protocol on Solana, can receive deposits from users holding funds on another network like Ethereum, all in a single transaction. This innovation eliminates the cumbersome multi-step transaction process, providing more user-friendly interfaces for applications.
Key use cases for deBridge Hooks include:
deBridge’s Upcoming DBR Governance Token
deBridge also announced plans for its DBR token in May, aimed at decentralizing governance by transitioning control to a DAO. Once the delegated staking and slashing module is activated, DBR tokens can be staked to support validators.
The DBR token is anticipated to launch via Jupiter’s LFG launchpad on Oct. 17, with a total supply of 10 billion tokens, of which 20% will be allocated to the community at launch. The circulating supply will start at 1.8 billion DBR. The remaining supply includes allocations of 26% for ecosystem support, 20% for core contributors, 17% for strategic partners, 15% for the deBridge Foundation, and 2% for validators.
This introduction of the DBR token follows the rollout of deBridge’s points program, which retroactively rewards existing users based on their past activity.
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