Dolomite Collaborates With X Layer To Launch Its Lending Protocol

Canada News News

Dolomite Collaborates With X Layer To Launch Its Lending Protocol
Canada Latest News,Canada Headlines
  • 📰 hackernoon
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Dolomite will bring that same advanced infrastructure to X Layer, where it will be able to integrate many of the yield-generating assets that have accelerated

**BRITISH VIRGIN ISLANDS, British Virgin Islands, April 29th, 2024/Chainwire/--** DeFi lending and borrowing protocol Dolomite has announced that it is launching on X Layer, OKX’s innovative and secure Ethereum-based Zero Knowledge Layer-2 network. This move brings powerful asset lending capabilities to users of the Polygon-powered X Layer.

This move brings powerful asset lending capabilities to users of the Polygon-powered X Layer. Dolomite seeks to replicate its success on Arbitrum, where it quickly became the 4th largest lending market and the lending market with the most supported assets. the growth of DeFi over the past year. Dolomite’s expansion to X Layer will transform it into a multi-chain protocol and introduce X Layer users to sophisticated tools for unlocking dormant capital.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

hackernoon /  🏆 532. in US

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Protocol Village: Saga, Layer-1 Chain for Launching Layer 1s, Is LaunchingProtocol Village: Saga, Layer-1 Chain for Launching Layer 1s, Is LaunchingBradley Keoun is the managing editor of CoinDesk's Tech & Protocols team. He owns less than $1,000 each of several cryptocurrencies.
Read more »

Crypto Exchange OKX's Polygon-Powered Layer 2, 'X Layer,' Hits Public MainnetCrypto Exchange OKX's Polygon-Powered Layer 2, 'X Layer,' Hits Public MainnetMargaux Nijkerk reports on the Ethereum protocol and L2s. A graduate of Johns Hopkins and Emory universities, she has a masters in International Affairs & Economics. She holds a small amount of ETH and other altcoins.
Read more »

Aligned Layer raises $20 million to develop verification layer for scaling dappsAligned Layer raises $20 million to develop verification layer for scaling dappsAligned Layer raised $20 million in a Series A funding round led by Hack VC, with participation from DAO5, Iterative Layer, Nomad Capital and others.
Read more »

Layer 3 tokens see double-digit losses dragged by Bitcoin price dropLayer 3 tokens see double-digit losses dragged by Bitcoin price dropLayer 3 tokens – blockchains that leverage Layer 2’s speed and Layer 1’s security – suffered a decline on the daily timeframe.
Read more »

OKX launches new Layer 2 on mainnet, aims to bring 50 million users on-chainOKX launches new Layer 2 on mainnet, aims to bring 50 million users on-chainThe crypto exchange's platform token, OKB, will serve as X Layer’s native asset to pay transaction fees on the network.
Read more »

Polygon Labs CEO criticizes Ethereum Layer 3 networks as Degen mints millionairesPolygon Labs CEO criticizes Ethereum Layer 3 networks as Degen mints millionairesThe growing adoption of crypto's latest Layer 3 chain has minted millionaires and drawn in criticism from high-profile detractors.
Read more »



Render Time: 2025-08-28 13:46:18