Dolomite is a decentralized money market and trading protocol that offers capital-efficient lending, borrowing, and trading solutions. Unlike traditional DeFi lending platforms, Dolomite empowers users to retain the utility of their assets while using them as collateral, thanks to its Dynamic Collateral system. Meaning, users can stake, vote, and earn rewards while still leveraging their assets for borrowing.
Dolomite's ecosystem is powered by DOLO, an ERC-20 token deployed on Berachain, Ethereum, Arbitrum, and other networks. DOLO has the same token address across all networks and is made cross-chain native using Chainlink’s CCIP technology. DOLO serves as the foundation for governance, incentives, and liquidity provisioning. The token model is designed to align incentives, increase the DAO’s treasury, and drive long-term growth. The ecosystem includes three tokens:
DOLO: The primary token that users may trade on exchanges.
veDOLO: A time-locked governance token that unlocks voting power, protocol revenue sharing, and deeper participation benefits. Users may elect to break the lock prematurely, for a penalty.
oDOLO: An incentive token distributed to liquidity providers, which can be converted into veDOLO at a discount.
Dolomite is a decentralized money market and trading protocol that offers capital-efficient lending, borrowing, and trading solutions. Unlike traditional DeFi lending platforms, Dolomite empowers users to retain the utility of their assets while using them as collateral, thanks to its Dynamic Collateral system. Meaning, users can stake, vote, and earn rewards while still leveraging their assets for borrowing.
Dolomite's ecosystem is powered by DOLO, an ERC-20 token deployed on Berachain, Ethereum, Arbitrum, and other networks. DOLO has the same token address across all networks and is made cross-chain native using Chainlink’s CCIP technology. DOLO serves as the foundation for governance, incentives, and liquidity provisioning. The token model is designed to align incentives, increase the DAO’s treasury, and drive long-term growth. The ecosystem includes three tokens:
DOLO: The primary token that users may trade on exchanges.
veDOLO: A time-locked governance token that unlocks voting power, protocol revenue sharing, and deeper participation benefits. Users may elect to break the lock prematurely, for a penalty.
oDOLO: An incentive token distributed to liquidity providers, which can be converted into veDOLO at a discount.