Dolomite, a decentralized lending and trading protocol that originally launched on Arbitrum, has released its native DOLO token live on both Ethereum mainnet and the Berachain mainnet, with the token generation and primary liquidity focused on Berachain. The protocol is using a lock‑and‑mint model: the initial DOLO supply is locked on Ethereum, while corresponding ERC‑20 DOLO tokens are minted on Berachain, with future cross‑chain movements handled via burn‑and‑mint and Chainlink CCIP for broader interoperability. Initial liquidity is being seeded on Kodiak (Berachain) and Uniswap (Ethereum), anchoring DOLO in both the Berachain ecosystem and the wider Ethereum DeFi landscape. As part of the launch, Dolomite is rolling out a significant airdrop program totaling 20% of the fixed 1 billion DOLO supply, allocated across protocol users, community contributors, and participants in its “Minerals” rewards campaign. While DOLO exists on both chains, the project has structured the token generation event and airdrop so that claims occur exclusively on Berachain, reinforcing Dolomite’s positioning as a core money‑market protocol for that ecosystem and aligning incentives with Berachain’s Proof‑of‑Liquidity design. The token underpins a multi‑tiered governance and incentive system (including veDOLO and oDOLO) intended to drive long‑term protocol participation, liquidity provisioning, and governance, while also signaling Berachain’s push to attract flagship DeFi applications and capital.

AI-generated background, compiled from web sources — not editorial content.

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