Inverse Finance
INV
$19.00
Current Price
-13.64%
24h Change
Info
INV
Symbol
$13.84M
Fully Diluted Valuation
$13.44M
Market Cap
1002
Market Rank
727.00K
Total Supply
$446.69K
Total Volume
$22.12
24h High
$16.66
24h Low
About Inverse Finance
Inverse Finance is a decentralized autonomous organization dedicated to advancing the DeFi landscape through its innovative products like the FiRM fixed-rate lending protocol and the DOLA stablecoin. Founded by Nour Haridy in 2020, the core mission is to provide decentralized financial tools that enhance user autonomy and security. The FiRM protocol introduces a new DeFi primitive, DOLA Borrowing Rights, allowing users to borrow at fixed rates indefinitely, utilizing Personal Collateral Escrows to segregate user assets. DOLA, a debt-backed stablecoin pegged to the US dollar, ensures stability through over-collateralization with assets like stETH and WBTC. The INV token serves as the governance and revenue-sharing backbone of Inverse Finance, empowering stakeholders to influence the ecosystem's direction. By staking INV, users can participate in decision-making and earn a share of the revenue generated from DOLA lending on FiRM and third-party protocols such as Fraxlend. The ecosystem is bolstered by sDOLA, a yield-bearing variant of DOLA, rewarding users who stake their DOLA. Inverse Finance's open-source code and community-driven governance have positioned it as a notable player in the DeFi sector, with INV tokens available on platforms like Coinbase, Curve, and Balancer.
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FAQ
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