- The Dolomite TGE comes after its airlines were successfully executed and it reached the top of the Berachain money market.
- At 9:00 am, the $ Dolo token will be registered on decentralized Kodiak and Uniswap exchanges, as well as the main centralized exchanges.
DolomiteA decentralized monetary market system is preparing to launch its token generation event (TGE) with the introduction of its token, $ Dolo. At 9:00 am, the $ Dolo token will be registered on decentralized Kodiak and Uniswap exchanges, as well as the main centralized exchanges, Binance Alpha, Bitget, Kucoin and Kraken.
Thanks to a variety of integration through the DEFI ecosystem, Dolomite allows users to effectively deploy assets and unlock dormant wealth thanks to smarter loans and loans. The sophisticated architecture of the protocol allows several borrowing positions, each with a single risk profile, from a single portfolio. A wide variety of active ingredients that can be used as a guarantee thanks to this innovative design, which allows customers to take advantage of loans against these assets.
The Dolomite TGE comes after its airlines were successfully executed and it reached the top of the Berachain money market. In addition, dolomite is the tenth monetary market in Defi, ranking seventh in terms of fees won.
The recipients will now have six months to recover their tokens after the Dolomite air card, which gave 20% of the entire Dolo offer to reward Dolomite users and participants in the program. Half of the tokens will be available under the name of Vedolo, a locked version of the token with protocol and governance benefits, while the other half will be accessible as liquid dolo.
While dolomite continues to establish itself as a safe, effective and advanced financial tool, its place in the DEFI ecosystem has developed. More than 1,000 assets can be used as guarantee using unique protocol loan solutions, which allow sophisticated borrowing strategies and have managed more than $ 928 million in commercial volume.
Adam Knuckey, co-founder and COO of Dolomite said:
“We are delighted to launch our token while we are entering the next phase of Dolomite growth. With our expansion on Berachain and growing adoption through DEFI, this TGE is only the beginning of a broader vision to extend loans and the efficiency of secure and accessible decentralized capital. ”
In order to promote long-term sustainability and user adoption, dolomite will continue to introduce new features, strengthen liquidity incentives and improve integration through the DEFI ecosystem beyond the TGE. Intelligent debt is a new feature that allows traders to use the debt or the user warranty that has chosen to use it. For example, users who give USDT can have it exchanged to USDC, allowing Stablecoin traders to use their guarantee as liquidity pool. A more dynamic and more efficient commercial environment is produced when traders can take debt in exchange for the assets they wish and to reimburse it with the asset they already have.
Thanks to smarter loans and loans, Dolomite allows users to unlock sleeping capital. Solid integrations through the DEFI ecosystem allow a more intelligent asset deployment. The sophisticated dolomite architecture allows several borrowing positions, each with a single risk profile, to be taken care of from a single portfolio. Due to its distinctive architecture, a wide variety of assets bearing the yield can be promised as guaranteed, allowing users to take advantage of the loans guaranteed by these assets.
In order to activate other protocols, performance aggregators, DAOs, market manufacturers, hedge funds and others to manage their portfolios and implement strategies on the channel, Dolomite finally hopes to transform into HUB for DEFI activity.
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