Dolomite will hold a TGE on April 24th and will airdrop 20% DOLO

B.News reported on April 19 that the lending protocol Dolomite announced that its DOLO token generation event (TGE) will be officially launched on April 24, and users can start to receive DOLO tokens on April 24. The total number of DOLO tokens is 1 billion, of which about 361 million will be in circulation at the TGE, including locked veDOLO. 20% of DOLO tokens will be distributed to platform users as airdrops, and the airdrop snapshot date is January 6, 2025, considering only the activities in 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, and 20% of the total supply will be airdropped to community members.