PANews reported on January 6 that the lending protocol Dolomite announced that the generation event for its native token DOLO will be held shortly after the launch of the Berachain mainnet. Dolomite plans to allocate 20% of DOLO tokens to the community through an airdrop to encourage user participation and promote protocol development. The specific allocation is as follows:
1. Platform users (9%): Rewards users who have been using Dolomite for lending over the long term, allocating 50% DOLO and 50% veDOLO locked for two years.
2. Community contributors (1%): Allocated to contributors such as security researchers, integration developers, dashboard creators, etc.
3. Mineral holders (10%): Provides options for airdrop of DOLO, allowing holders to purchase DOLO at a price of $0.045 for initial liquidity construction of the protocol.
The DOLO token will form a complementary mechanism with veDOLO and oDOLO, supporting protocol governance, liquidity incentives, and profit distribution, further promoting innovation and ecological development of Dolomite in the DeFi space.