
Daan Crypto Trades|Apr 15, 2025 16:31
A project I’ve invested in and I'm pretty stoked about: Dolomite is launching its DOLO token on Berachain soon.
They’re planning a big airdrop for the community which consists of 20% of the total supply. 🧵
What makes Dolomite stand out?
Dynamic Collateral: Borrow against your assets while they stay staked, earning rewards, and maintaining voting rights. Basically, “DeFi while you DeFi.”
Big plans for an even wider range of supported tokens and protocols
A few highlights:
🔹 Over 2 years in operation with minimal bad debt (literally under 5).
🔹 Processed 900M+ in trading volume.
🔹 Past TVL has crossed 1B.
🔹 Backed by big names like Coinbase Ventures, Draper Goren Holm, and more.
🔹 Co-founder Corey Caplan is head of technical strategy for Donald Trump's DeFi project World Liberty Financial
The DOLO ecosystem is pretty unique:
🔹 DOLO – the native token.
🔹 oDOLO – earned through providing liquidity.
🔹 veDOLO – for governance (with potential revenue sharing down the road).
They’re also taking advantage of Berachain’s Proof of Liquidity system. This means you can borrow against PoL assets, letting you “loop” and level up on rewards without giving up your DeFi rights.
Keep an eye out for:
Detailed airdrop info (especially if you’re part of the GMX, Pendle, Harvest, Contango, or D2 communities).
Dolomite is launching at a 45M Market Cap, this is significantly lower to its main competitors: AAVE ~17.5B, Compound ~400M, Fluid 400M FDV, Morpho ~1B FDV.
This shows that there's plenty of potential for further upside. Especially if the Dolomite team keeps delivering.
All in all, Dolomite is aiming for big things, and it’s nice to see a platform focused on innovation real utility for a change. You can find more info on their medium and X profiles.
Not financial advice—just sharing a project I find interesting and have invested in.
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