Dolomite Governance

Overview

Dolomite's governance system empowers veDOLO holders to shape the protocol's future. Governance decisions are structured around defined proposal types, which are the key areas the DAO can vote on:

  • Asset Listing/Delisting

  • Tokenomics Changes

  • Risk Parameter Updates

  • Treasury Allocations

  • Incentive Program Changes

The DAO is represented as a legal entity in the Marshall Islands, with Dolomite Ltd (BVI) as the token issuer, and the Dolomite Foundation (Cayman Islands) serving as a steward. Leavitt Innovations is an entity contracted by the Dolomite Foundation for development and maintenance of the protocol.

While asset listings and risk parameter updates can be voted on through the DAO, the operators of the protocol can also perform these tasks for the purpose of managing the protocol. The DAO is best utilized for larger tasks such as updates to tokenomics, treasury, and incentives.

Voting Process

Dolomite governance flows from community discussion to formal execution, with veDOLO vote weight determining participation rights at each stage.

  1. Proposal Drafting – Community members or DAO participants with enough veDOLO vote weight prepare a proposal.

  2. Discussion – Proposal is posted in the Governance Forum on Discord for community feedback. Role-based permissions (from veDOLO holdings) determine whether you can propose, comment, or react.

  3. Temp Check on Discord – A system will be designed to run temperature checks on proposals within the Governance Forum. This may be gated to veDOLO holders or open to all for feedback.

  4. Quarterly Proposal Compilation – All proposals from the prior three months that pass the temp check are bundled together for a single quarterly vote. veDOLO holders can then vote yes/no on each proposal in the bundle.

  5. Quarterly On-Chain Vote (BeraVote) – Voting takes place once per quarter on BeraVote. This ensures veDOLO holders only need to concentrate on voting four times per year, while still enabling active participation in proposal development year-round.

  6. Execution – Passed proposals are implemented by Leavitt Innovations, LLC, the operating company that manages the Dolomite protocol.

Launch parameters:

  • Voting period: ~7 days

  • Quorum: 5% veDOLO supply

  • Proposal threshold: pass temp check on Discord

Governance Forum Access & Roles

The Dolomite Governance Forum is hosted on Discord and integrated with Galxe for wallet verification. Your veDOLO balance determines your role and permissions:

  • 1M+ veDOLO → Can create proposals.

  • 10k+ veDOLO → Can comment on proposals.

  • 1k+ veDOLO → Can upvote/react to proposals.

  • No veDOLO → Read-only access.

How to link your wallet & get a role:

  1. Join the Dolomite Discord

  2. Verify your humanness

  3. Link your Galxe account in the Bot Commands channel

    1. Verification of wallet ownership for wallet linking is performed through Galxe

  4. Your role updates automatically based on veDOLO holdings in your Galxe linked address

Your exact voting weight can be viewed anytime on the veDOLO page.

Proposal Templates

Template with details of each section: Template

If your proposal is too long to fit into a Discord forum post, split it into two pieces and put the second piece in the first reply to your post

Formatted for Discord:

# Title

[DIP-X] List ARB as a Collateral Asset on Arbitrum

# Author(s)

Include name(s), role(s), and affiliation (e.g., team member, community member, partner)

# Date

YYYY-MM-DD

# Related Discussions

Link to any relevant forum posts, Discord threads, or Temp Check discussions

# Simple Summary

A brief TL;DR (2-3 sentences) describing what this proposal intends to do and why it matters to Dolomite.

# Abstract

A high-level, non-technical overview of the proposal. Should provide context for the reader, outline the intended change, and summarize the benefits to the Dolomite protocol and community.

# Motivation & Background

Why is this proposal being made?

* What problem does it solve or what opportunity does it capture?
* Why now?
* Include any relevant historical context or community discussions.
* If this affects user experience, security, liquidity, market expansion, or growth, explain how.

# Proposal Type - Asset Listing

# Specification

* Name of asset or assets
* Token address or addresses
* Chains
* Protocol name
* Project website
* Project documentation
* Project security audits
* Project X/Twitter account
* Price oracles that support the asset(s)
* Link to media kit for the asset(s)

# Asset Details

* Is there a lending market that currently supports the asset(s)?
* Is there built-in functionality that you’d like supported? (vesting/staking/voting/rewards/PoL)
* What are the assets? What do they do? Are they yield bearing? How are people using them?
* If the asset(s) are yield bearing, what is the API endpoint where the yield can be retrieved?
* If applicable, do the asset(s) have a redemption mechanism within the protocol? For example, a redemption that can be used in the case of liquidation to convert the asset(s) into a different or more liquid asset in order to repay lenders, in place of using a DEX?
* If applicable, are there any DEXs that list the asset(s)? If so, which ones, and how much liquidity?
* Are there any rewards programs or incentives to drive initial usage to Dolomite?
* How do you see the asset(s) effectively launching and growing in usage on Dolomite?
  * Dolomite will be the first/only lending market for the asset(s)
  * The asset(s) are generally high yielding, and will be of interest for users to hold and use for looping strategies
  * The asset(s) fit well with existing assets on Dolomite, enabling new or more efficient borrowing, lending, looping, and/or strategies
  * The listing will be paired with incentives to build up initial liquidity, enabling more borrowing, after which the interest earned on lending will draw suppliers
  * A strong co-marketing campaign will effectively drive users to supply
  * The initial liquidity will be seeded by your protocol/DAO, which will enable borrowing and strategies, after which the interest earned on lending will draw suppliers
* Additional details and information

# Suggested Risk Parameters

* Max LTV %
* Liquidation Threshold %
* Liquidation Bonus %
* Supply Cap x units
* Borrow Cap x units

# Market Information

* Market cap
* Daily trade volume
* Top trading venues
* Historical volatility
* Holder concentration

# Additional Information & References

* [Dolomite DOLO Mechanics Documentation](https://docs.dolomite.io/dolo/token-mechanics)

Governance Tools

  • Discord Governance Forum – Primary discussion hub

  • Bera Vote – Quarterly on-chain proposal voting

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