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oDOLO Execution Floor

How the $0.03 minimum final execution price applies when oDOLO is converted into discounted veDOLO.

The oDOLO execution floor sets a $0.03 minimum final execution price when paired oDOLO is used to purchase discounted veDOLO. It was approved through DIP-07 and took effect on August 11, 2026.

The floor applies after the normal lock-duration discount is calculated:

Discounted execution price = DOLO price × (1 − lock-duration discount)

Final execution price = greater of the discounted execution price or $0.03

Examples

The examples below assume a two-year veDOLO lock with a 50% discount.

If the DOLO price is $0.08 and the selected lock receives a 50% discount, the discounted execution price is $0.04. Because $0.04 is above the floor, the final execution price remains $0.04.

If the DOLO price is $0.04 and the selected lock receives a 50% discount, the discounted execution price would be $0.02. The final execution price is instead set to the $0.03 floor.

If the DOLO price is $0.02 and the selected lock receives a 50% discount, the discounted execution price would be $0.01. The final execution price is instead set to the $0.03 floor, which is above the current DOLO price.

What the floor changes

When the discounted price would fall below $0.03, the floor reduces or removes the effective discount. Past that point, choosing a longer lock no longer improves the execution price.

For the full pairing and lock process, see Token Mechanics.

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