$oDOLO claims are now open! 🎉
If you've provided liquidity for the below assets on Dolomite, starting on May 1st you've been earning $oDOLO!
🐻⛓️ @berachain:
$WBTC
$ETH
$USDC
$HONEY
$BERA
💙🧡 @arbitrum:
$WBTC
$ETH
$USDC
Let's break it down ⬇️
$oDOLO is Dolomite's incentive engine, rewarding users who provide liquidity for key assets
By accumulating oDOLO, you can acquire $veDOLO at a discounted rate (up to 50% off) and build your governance power and ecosystem influence 💫
Here's how the flywheel works:
1. Provide liquidity to incentivized assets
2. Earn weekly oDOLO rewards
3. Pair $oDOLO with $DOLO for one week
4. After 1 week, purchase discounted $veDOLO (up to a 50% discount) and get your paired $DOLO back
Some important details to keep in mind:
• Reward epochs roll over every Thursday at 0:00 UTC
• oDOLO Pairing and Claims Page is now live
• No expiration on when you can convert your paired oDOLO
• The longer your veDOLO lock, the bigger your discount
Not interested in discounted $veDOLO? 🙅
No biggie.
In an upcoming update you'll be able to utilize the instant exit option to sell your oDOLO without pairing, albeit at a less favorable rate
Why should you be interested in $veDOLO? ✨
There's a couple reasons:
→ Increased governance rights
→ Future benefits like fee rebates
→ A stronger stake in Dolomite's future
Start stacking oDOLO today by providing liquidity to one of the below assets:
🐻⛓️ @berachain:
$WBTC
$ETH
$USDC
$HONEY
$BERA
💙🧡 @arbitrum:
$WBTC
$ETH
$USDC
Provide liquidity → earn $oDOLO 💸
Visit today to get started.
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