The decentralized protocol Dolomite has unveiled the details of its upcoming DOLO and veDOLO token airdrop, happening in collaboration with Berachain.
Details of Dolomite Airdrop
Dolomite has taken a snapshot of user activity in preparation for the airdrop to reward users and Minerals Program participants with DOLO and veDOLO tokens. These tokens will be launched on the anticipated Berachain platform, which is currently attracting deposits totaling over $900 million.
Token Distribution Nuances
20% of the total DOLO token supply will be allocated for the airdrop, split into two segments of 10% each. The first segment rewards users who have utilized Dolomite's assets since October 13, 2022, with distribution based on the amount of capital used. XP Program participants receive additional bonuses. The second segment allows Minerals Program participants to purchase tokens at a discounted valuation.
Dolomite's Position in DeFi World
Dolomite has emerged as a leading protocol in DeFi, offering strong security and utility to users. With over $775 million in trade volume and a TVL exceeding $125 million, Dolomite holds a top position thanks to its support for unique assets and its architectural approach.
The Dolomite airdrop underscores the company's commitment to expanding its influence in the DeFi sector and offering unique opportunities and services to its users.
