🚨ATTENTION: $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 providing 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 based on your contributions and XP level 3. Pair $oDOLO with $DOLO for one week 4. Once pairing period is complete your DOLO is returned to you 4. Use your post pairing oDOLO tokens to purchase $veDOLO at a discount - determined by your lock length
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. Our instant exit option lets you 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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