Dolomite launches DOLO native token
Dolomite, a decentralized finance (DeFi) lending and borrowing protocol, is launching its token generation event (TGE), as per the reports shared with Finbold on Thursday, April 24. DOLO, the platform’s native token, will be available 9:00 AM EST on major centralized exchanges (CEX), including Bybit, Binance Alpha, Bitget, KuCoin, and Kraken, as well as on decentralized exchanges (DEX) like Kodiak and Uniswap. DOLO airdrop A successful airdrop has already distributed 20% of the total DOLO supply to Dolomite users and Minerals Program participants. The distributed supply is split 50:50 between liquid DOLO and a locked, governance-enabled version known as veDOLO. Eligible recipients can claim their tokens within six months. More efficient lending and borrowing With its flexible architecture, Dolomite enables more efficient borrowing, lending, and asset deployment. Further, it allows users to manage multiple borrowing positions within a sing...