Dolomite and Berachain: Launch of Pre-Deposit Campaign

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by Giorgi Kostiuk

2 years ago

Dolomite has announced the launch of its pre-deposit campaign on the Berachain blockchain to support innovative solutions in decentralized finance.

Launch of Campaign on Berachain

Dolomite, a decentralized money market protocol, announced a pre-deposit campaign for Berachain — a new layer-1 blockchain with a unique Proof of Liquidity consensus mechanism. The campaign allows users to deposit assets into Dolomite before Berachain's official launch through Royco to earn future rewards.

Opportunities for Participants

Participants can freely commit and uncommit assets until the Berachain mainnet launches. Once launched, assets will be locked on Dolomite for a predetermined period, offering additional incentives. Users will receive veDOLO and BERA as additional rewards alongside base lending yields.

Dolomite's Long-Term Goals

The deployment of Dolomite on Berachain aligns with its mission to create a secure decentralized finance ecosystem. The platform aims to become a central hub for DeFi activity, fostering innovation and maximizing participant capital efficiency.

Dolomite and Berachain combine efforts to provide users with new opportunities in DeFi, contributing to the ecosystem's growth and security.

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