Dolomite (DOLO) is the native utility and governance token powering the Dolomite protocol, a next-generation DeFi platform focused on lending, trading, and liquidity optimization. Built primarily on Ethereum and integrated with Arbitrum, DOLO serves multiple purposes beyond simple transactions. Holders can lock their tokens into veDOLO, unlocking governance rights, fee-sharing opportunities, and deeper participation in the protocol’s future direction. The token is also used as collateral for borrowing, rewarding liquidity providers, and amplifying ecosystem incentives. A unique feature is the oDOLO mechanism, where reward tokens can be paired with DOLO to boost governance power, aligning long-term incentives for active users. With a max supply of 1 billion tokens and a steadily growing circulating supply, DOLO has positioned itself as more than just a DeFi token—it’s the backbone of a self-sustaining ecosystem designed to merge capital efficiency with community-driven governance, aiming to scale across multiple chains globally.
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