PANews reported on April 18 that the lending protocol Dolomite announced its DOLO token generation event (TGE) will officially launch on April 24, with users able to claim DOLO tokens starting from that date. The total supply of DOLO tokens is 1 billion, of which approximately 361 million will be in circulation during the TGE, including locked veDOLO. 20% of DOLO tokens will be distributed as airdrops to platform users, with the airdrop snapshot date set for January 6, 2025, considering only activities on Dolomite before the snapshot. In addition to the airdrop, Boyco depositors will receive a 3% allocation of DOLO tokens.
Previously, Dolomite will launch DOLO tokens on Berachain, with 20% of the total supply airdropped to community members.
