DOLA is a decentralized stablecoin, debt-backed and pegged to the U.S. dollar, developed and managed by Inverse Finance. More
Fully Diluted Valuation | $205.55M |
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24H Trading Volume | $1.87M |
24H Low / High | $1.00 / $ 1.00 |
Circulating Supply | 110.73 M |
Total Supply | 205.87 M |
Max Supply | 0.00 |
Categories | Stablecoins 9 more |
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Founder | Anonymous |
Website | inverse.finance |
Socials | 3 more |
Chains |
Ethereum Ecosystem
5 more
|
Explorer | Binplorer 9 more |
Contracts |
0x865....c9ce4
5 more
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Name | Pair | OG Score |
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Welcome to Inverse Finance, where decentralized finance (DeFi) meets innovation. In this article, we'll take a closer look at what makes Inverse Finance unique, from its core products to its community-driven governance.
1. What is Inverse Finance?
Inverse Finance is a decentralized organization founded in late 2020. It develops and manages various DeFi products, including a fixed-rate lending protocol called FiRM, a stablecoin named DOLA, and a yield-bearing version of DOLA called sDOLA. Everything operates on open-source code, with community input driving development.
2. Products Offered:
Inverse Finance offers several key products:
FiRM: A fixed-rate lending platform providing stability for users.
DOLA: A stablecoin pegged to the U.S. dollar, ensuring reliability in transactions.
sDOLA: A version of DOLA that generates passive income for holders.
DBR: A tool facilitating DOLA loan servicing on FiRM, enhancing lending efficiency.
3. Organizational Structure:
Inverse Finance functions as a DAO, where community members holding INV tokens participate in governance decisions. Various working groups, including Product, Growth, Treasury, Risk, and Analytics, handle specific tasks to keep the protocol running smoothly.
4. Governance Mechanisms:
Governance happens through Governor Mills, Inverse Finance's on-chain system. INV token holders vote on proposals, which are debated beforehand on Discord and the official forum. Voting is made accessible through delegation, reducing costs and encouraging participation.
5. Voting Process:
Users vote using Governor Mills, ensuring transparency and fairness. Before voting, they delegate their votes to themselves or a delegate. Gas costs are minimized through delegation, making participation easier for all.
Conclusion:
Inverse Finance offers a user-friendly gateway to DeFi, with a range of products and a community-driven approach to governance. As the DeFi landscape evolves, Inverse Finance remains committed to empowering users and promoting financial decentralization worldwide.
Come join us in shaping the future of finance with Inverse Finance - where innovation meets opportunity.
Inverse Finance stands out for its decentralized governance model and innovative products like FiRM, offering fixed-rate lending in DeFi.
Inverse Finance was founded by Nour Haridy in late 2020, with a vision to revolutionize decentralized finance.
You can buy DOLA (DOLA) on Uniswap V3 (Ethereum), Pancakeswap V3 (Base), Uniswap V2 (Ethereum), Balancer V2, Aerodrome (Base) cryptocurrency exchanges.
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