Get Ready to be Part of SCENE with Dolomite's Token Airdrop! 🎉
Major Decentralized Finance (DeFi) lending platform Dolomite initiates 200 million token distribution during Token Generation Event (TGE).
Hey there, Surf's up! It's time to ride the DeFi waves with Dolomite's Token Airdrop!
Catch the Vibe, April 24th, 2025, Chainwire
Hear ye, hear ye! Dolomite has got some serious stoke going on! They're dropping tokens on Berachain, and you won't want to miss this gnarly TGE! The token, DOLO, is gonna be doled out based on how hardcore you get with their platform. A staggering 20% of the token's supply is up for grabs during the airdrop extravaganza, starting April 24th.
Rewards on Point for Heavy Users
This airdrop celebration is no small feat for Dolomite, who've already smashed it with a TVL of over $800m since its inception. If you've been borrowing or supplying assets on their platform, you're in for a treat! Your token allocation will be based on the length of your sesh and the total value of your liquidity game.
The 20% allocation will be shared across three categories:
- Active Users of Dolomite (9%): They're taking care of their dedicated community first and foremost.
- Community Contributors (1%): Security researchers and integrators get a little love too. They help make the platform as solid as a rock!
- Holders of Dolomite Minerals as call options (10%): Been rockin' with Dolomite since the start? This one's for you! They're giving you the opportunity to cop DOLO at a set rate for up to 6 months after TGE.
Dolomite XP Program participants? You're in for a wild ride! Depending on your level, you're gonna receive an amplified airdrop, because they dig on the community members who've been consistently shredding it up.
Three-Peat Token Ecosystem
Dolomite's got a hot new token ecosystem on deck, featuring three interconnected assets:
- DOLO: The native token provides deep liquidity for seamless movement across the platform's ecosystem. CCIP via Chainlink keeps this bad boy secure and cross-chain ready.
- oDOLO: This liquidity incentive token is earned by feeding assets into the platform. Pair it with DOLO to score veDOLO at a discount.
- veDOLO: The veDOLO token is the big kahuna that gives you control over governance voting. With DAO approval, you might even snag a piece of the pie in the form of protocol fees!
Innovative and Built to Ride the Waves
Dolomite has been laying down the law in the DeFi scene with its cutting-edge architecture. Supporting more assets than your average lending platform, Dolomite's got the goods to keep you stoked. The platform's 'Zap' meta aggregator and Dynamic Collateral help keep things moving faster than a tube ride.
The platform's modular design enables sweet integrations with A-list protocols, maximizing returns for users across the DeFi ecosystem. Plus, the architecture plays nice with Berachain's Proof of Liquidity system, creating wicked opportunities for users to level up!
Riding the Berachain Waves
Dolomite's expansion to Berachain is all about cashing in on Berachain's innovative Proof of Liquidity system. By integrating with Berachain, you've got the chance to borrow against your PoL assets and take your exposure to the next level, all while keeping your assets acting like the dream they are.
Who is Dolomite
Dolomite is one of the leading DeFi money markets, rocking over $800m in TVL. They're the fifth-largest earner on Arbitrum and the eighth-largest DeFi lending platform globally. With backing from Coinbase Ventures, Draper Goren Holm, and NGC Ventures, Dolomite is a force to be reckoned with in the DeFi scene.
Mind-blowing support for a wide variety of assets, innovative features, and integrations with top-notch DeFi protocols? Yup, that's Dolomite for ya!
Get in Touch
Mr Jamie Kingsley, Communications Guru at DolomiteEmail: [email protected]
Please note: This news content is sponsored by our business partners.
Dive into the Daily Deets
Stay in the know with our Daily Debrief Newsletter! It promises to keep you on top of all things DeFi, art, fashion, and entertainment. Catch ya on the flip side, Surf-sky! 🌊🌍🚀
- The airdrop of Dolomite's token, DOLO, is scheduled to take place on April 24th, 2025, and will be distributed based on users' activity and liquidity on the platform.
- Dolomite has already accumulated a TVL of over $800m since its inception, making it one of the leading DeFi money markets.
- Participants in Dolomite's XP program will receive an amplified airdrop, rewarding those who have consistently used the platform.
- Dolomite's token ecosystem includes three interconnected assets: DOLO, oDOLO, and veDOLO, with each providing unique benefits to users.
- The airdrop distribution will be divided into three categories: active users, community contributors, and holders of Dolomite Minerals as call options.
- By integrating with Berachain, Dolomite users will have the opportunity to borrow against their PoL assets, taking their exposure to new heights while keeping their assets liquid.
- Dolomite's expansion to Berachain is part of their strategy to leverage Berachain's innovative Proof of Liquidity system and maximize returns for users across the DeFi ecosystem.
