PANews reported on April 18 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, with the airdrop snapshot date being January 6, 2025, taking into account only activities in Dolomite before the snapshot. In addition to the airdrop, Boyco depositors will receive a 3% allocation of DOLO tokens.
According to previous news, Dolomite will launch the DOLO token on Berachain, and 20% of the total supply will be airdropped to community members .