Dolomite ($DOLO ) is a DeFi token powering the Dolomite protocol, a platform built on Arbitrum that combines lending, borrowing, margin trading, and decentralized exchange features. Its ecosystem uses three tokens—DOLO, veDOLO, and oDOLO—to balance utility, governance, and rewards. DOLO is the core utility token, while veDOLO represents governance power, earned by locking DOLO for up to two years, and oDOLO is a reward token for liquidity providers that can be converted into veDOLO. This cycle encourages long-term commitment, strong liquidity, and active participation in governance. Backed by leading investors and listed on major exchanges, Dolomite is emerging as a flexible and capital-efficient DeFi hub, with incentives like Arbitrum’s DRIP program driving adoption.
