A token-holder’s perspective on TVL:
Dolomite’s TVL increased by approximately $96.65 million over 24 hours, up 45.91% to $307 million.
This increase could be due to lots of people depositing funds, one or two whales making a single large deposit, or the value of locked assets going up—we need to figure out which. Large deposits from whales can come in fast and leave just as quickly.
$DOLO is the token of the lending protocol Dolomite. Anyone in the know care to share their thoughts?
For reference only—don’t take this as gospel.
Dolomite’s TVL increased by approximately $96.65 million over 24 hours, up 45.91% to $307 million.
This increase could be due to lots of people depositing funds, one or two whales making a single large deposit, or the value of locked assets going up—we need to figure out which. Large deposits from whales can come in fast and leave just as quickly.
$DOLO is the token of the lending protocol Dolomite. Anyone in the know care to share their thoughts?
For reference only—don’t take this as gospel.