Dolomite Adds $100 Million to Concrete’s Bitcoin-Backed Collateral
Key Highlights: Dolomite’s Oct. 19 Ethereum market snapshot showed $100.08 million in BTCcx supplied, broadly matching the announced $100 million. BTCcx is collateral rather than a directly borrowable asset: Concrete borrows against it, while the outstanding debt secured by the token was not disclosed. A forced liquidation would use a temporary claim token while the ...