Q: Many DeFi protocols have come and gone. What makes Dolomite different?
A: Most platforms focus on one use caseâlending, trading, or yield. Dolomite is built to combine them all into a single system. Here, a token doesnât lose its benefits when deposited. Instead, it can earn yield, serve as collateral, and still keep governance or staking rights. Thatâs a step toward true capital efficiency.
Q: Security is a big concern in DeFi. How does Dolomite address that?
A: We treat security as non-negotiable. Our Isolated Margin System ensures that every position is kept separate. If one trade turns bad, it doesnât put the whole protocol at risk. On top of that, we use robust oracle strategies and delayed transaction execution, giving time to detect and prevent malicious actions before they harm users.
Q: Dolomite recently expanded beyond Arbitrum. Why go multi-chain?
A: Liquidity is not confined to one network anymore. By deploying on Mantle, Polygon zkEVM, X Layer, and Berachain, we can give users access to more assets, lower fees, and diverse opportunities. This also attracts liquidity providers who want efficient allocation across multiple chains.
Q: Bitcoin has entered Dolomiteâs ecosystem. How important is that?
A: Extremely important. With our Botanix Spiderchain integration, #BTCâ can now be used as collateral for lending and leveraged trading. This opens the door for long-term BTC holdersâmany of whom have never engaged with DeFiâto finally put their assets to work without selling them. With institutional interest in Bitcoin rising through ETFs, this is a major growth frontier.
Q: What challenges still remain for Dolomite?
A: Education and awareness. Our system is powerful, but itâs also complex for new users. We need to simplify onboarding and strengthen governance participation. Weâre also up against giants like Aave and Compound, so building a strong community and brand is crucial.
Q: Looking ahead, whatâs the vision for Dolomite?
A: The goal is to move beyond being just a traderâs platform. Dolomite aims to become a cross-chain financial hub, where assets flow seamlessly, capital efficiency is maximized, and usersâfrom individuals to institutionsâcan rely on a secure, composable system to power their strategies.