Dolomite, a Decentralized Finance (Defi) Lending and Leen Protocol, launches its Tokerameratie Event (TGE), according to the reports that will be shared with Finbold on Thursday 24 April.
Dolo, the native token of the platform, will be available at 9:00 am Est at large centralized fairs (CEX), including Bybit, Binance Alpha, Bitget, Kucin and Kraken, as well as on decentralized exchanges (DEX) such as Kodiak and Uniswap.
Dolo AirDrop
A successful AirDrop has already distributed 20% of the total Dolo offering to Dolomite users and mineral program -participants.
The distributed food is split 50:50 between Liquid Dolo and a locked, governance-compatible version known as Vedolo.
Eligible recipients can claim their tokens within six months.
More efficient loans and borrowing
With his flexible architecture, Dolomite makes more efficient loans, loans and assets deployment possible.
Furthermore, users can manage multiple loan positions within a single wallet, with each positioned adjustable and protected by yield generating collateral.
As such, the model provides greater liquidity and let users borrow while still earning their participations.
Increased Defi -Efficiency
Dolomite takes the leading position on Berachain and ranks as the 10one-Landest money market protocol in the wider ecosystem, even 7 reachedone Place in terms of total generated costs.
So far, the protocol has processed more than $ 928 million in trade volume and has collateralization for more than 1,000 digital assets.
Looking ahead, Dolomite is planning to roll out a number of new functions to improve the functionality and user experience.
A remarkable upcoming position is the so -called ‘smart debt’, a system with which users can use the debt or collateral of users who register for functionality.
Users who deliver Tether (USDT) can, for example, have it exchange for USD Coin (USDC), allowing their funds to support active trading couples.
Similarly, traders can actively adopt debts while paying back in another to improve capital use.
