Dolomite is a money market + DEX (decentralized exchange) protocol that offers lending, borrowing, and margin trading, with support for a wide range of assets. Its main token is DOLO. There are also related tokens: veDOLO and oDOLO, which play roles in governance, liquidity incentives, and staking.
The governance & incentive mechanism is relatively modern, encouraging users to commit long-term (lock-up, voting, fee sharing). This can support stability and more sustainable growth compared to protocols that only focus on transaction volume.
The main advantages of Dolomite compared to similar protocols are:
* More flexible (exit penalty, 3-token model),
* Better support for niche assets,
* Balanced long-term & short-term incentives,
* Low inflation, more sustainable in the long run.
@Dolomite $DOLO