Fixed rates. Unfixed potential. Discord: https://nitter.cf/t.co/YdbNna0aHW
Interchain
Joined December 2020
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Another one $INV
A new joint DeFi collab for @InverseFinance and ethereum:0x865377367054516e17014ccded1e7d814edc9ce4
frxUSD/sDOLA LPs are now accepted as collateral in the @fraxfinance Ecosystem Accelerator, the new frxUSD lending vault on @Morpho curated by @crossworldsfi.
Supply frxUSD to the vault, or LP frxUSD/sDOLA on @StakeDAOHQ and loop it.
Supply: app.morpho.org/ethereum/vaul…
Loop: lending.stakedao.org/borrow
The Frax Ecosystem Accelerator is live on @MorphoLabs:
a capped frxUSD vault curated by CrossWorlds and sponsored by @fraxfinance.
Built for one job: give high yielding peg-keepers a lending venue early, to support their liquidity growth.
Collateral listing requirements: collateral assets go through 13 eliminatory filters. Three tests then set the ceiling: $2M, $500k, or $200k for project launches.
What this vault is aiming for: achieving a high rate while keeping an acceptable risk profile.
- Risk mitigation from limited size and diversification with a focus on liquidability
- Attractive targeted return generated by highly profitable looping strategies
- No market can take more than 20% of the vault or 30% of its pool's liquidity
- Monitoring : positions are watched live, and the oracles are set up carefully to make sure liquidations will be possible when necessary (no hardcoded NAV / ERC-4626 rate accepted).
First markets: @StakeDAOHQ LPs of frxUSD paired with sfrxUSD, @3janexyz 's USD3, @tori_finance's trUSD, @ethena's sUSDe, @InverseFinance's sDOLA and @hemi_xyz's sVUSD.
Check out the vault: app.morpho.org/ethereum/vaul…
Full framework and listing notes:
crossworlds.fi/#/mandates/fr…
This vault carries a material risk of loss.
Inverse retweeted
Looking for $BOLD and juicy yields?
Here are 3 great options:
- @aeroxyz LPing BOLD/USDC
- @InverseFinance yBOLD loop
- @Tangent_fi Curve BOLD/USDC loop
Links below.
Market spotlight this week: ysyBOLD.
@yearnfi’s v3 vault on @LiquityProtocol's $BOLD earns 7.16% on its own, compounding underneath.
Looped at 6.7x with fixed-rate DOLA borrowing on top, that reaches a 40.3% max APY with borrow costs still boosted through @merkl_xyz incentives.
1M borrowed, 1M up for grabs.
sSwanUSD is live on FiRM 🦢
Borrow at a fixed rate against staked $SwanUSD, the first DAO-governed stablecoin built on @MonolithMarket, while your collateral keeps earning underneath. Up to 408% net APY!
5,000,000 $DOLA up for grabs. First come, first served.
Inverse retweeted
36% APR on ysyBOLD
as borrows on Liquity V2 have picked up, so have APRs for the Stability Pool 👀
Max loop on @InverseFinance ysyBOLD now yielding 36% APR
zap here: firm.inverse.finance/markets…
29% APR on ysyBOLD
with fixed costs and duration that you control.
zap up to 500k in 1-click here:
firm.inverse.finance/markets…
72 hunters are now on Mantis. Live bounties: 2. That ratio favors whoever lists next.
If you run a protocol, that is a lot of security attention waiting for something to do. Set up in minutes, keep your existing program running, see what comes back.
mantis.inverse.finance
Inverse retweeted
29% APR on ysyBOLD
with fixed costs and duration that you control.
zap up to 500k in 1-click here:
firm.inverse.finance/markets…
October recap at @InverseFinance and following yesterday's volatility -
➔ $DOLA circulating supply at $72M
➔ FiRM borrows ~$69.5M across 73 active positions (>1.5k debt)
➔ $DBR borrow rate 4.6%, still under the 5.1% @aave USDC benchmark
➔ $sDOLA 19M staked (+2M), still among the top stablecoin yields
➔ @CurveFinance gov approved doubling the sDOLA @llamalend v2 market borrow cap to 25M
➔ #ysyBOLD market live in close collab. w/ @LiquityProtocol & @yearnfi, ~850k DOLA borrowed
➔ @ResupplyFi $reUSD LP FiRM market ceilings raised to 5M and quickly filled
➔ #sinvUSD live as a guarded FiRM market, seasoning slowly
➔ SWAN DAO launched $swanUSD on @MonolithMarket: $650k TVL, 120 stakers, 50 borrowers in its first week
➔ $SWAN airdrop qualification open to $INV holders through Nov 19
➔ #Mantis stealth launched: 60+ researchers pointing agents at live scope
➔ A new lending vertical is deep in the pipeline. More before year end.
Onwards 🌠
PSA 🗣️ - @InverseFinance wallets qualify for the 100,000 SWAN launch airdrop.
ethereum:0x41d5d79431a913c4ae7d69a668ecdfe5ff9dfb68 holders, ethereum:0x41d5d79431a913c4ae7d69a668ecdfe5ff9dfb68 stakers, #sINV holders and Monolith #sINV collateral users share the pool alongside the @CurveFinance, @ConvexFinance, @yearnfi and @StakeDAOHQ communities.
Qualifying takes one step: hold at least 1,000 #sSwanUSD for 7 continuous days before 19 November at 16:00 UTC.
Details and eligibility in the @MonolithMarket launch thread below👇
nitter.cf/MonolithMarket/status/…
swanUSD is live.
A DAO-governed stablecoin backed by wstETH, built on Monolith.
Stake swanUSD as sSwanUSD to earn protocol revenue.
Participation in the shared 100,000 SWAN launch airdrop opens today.
swanusd.com
sDOLA stakers have now earned 2.5M DOLA since launch.
Another 22K landed this week, funded by DBR auction revenue.
inverse.finance/sDOLA
A proposal to double the borrow cap in @llamalend's sDOLA market to 25M has passed via @CurveFinance governance late last week.
More room for one of the deepest ethereum:0xb45ad160634c528cc3d2926d9807104fa3157305 venues on mainnet. Currently printing a max of +90% APY net of borrowing costs.
curve.finance/lend/ethereum/…
Mantis, two weeks in.
95 bug reports from 27 hunters, up from 41 and 15 at week one.
Both bounties, Inverse Finance and the Monolith Stablecoin Factory, are still open with up to $100K for critical bugs.
mantis.inverse.finance
Listen to Liquity
lock in 18% APR with ysyBOLD on @InverseFinance:
why people are looping ysyBOLD:
🟢 earns ~5% from Liquity's Stability Pools
🟢 always redeemable 24/7
🟢 borrow DOLA at a rate you lock upfront
loop up to 500k ysyBOLD here:
firm.inverse.finance/markets…
swanUSD is live from @MonolithMarket.
Eligible Inverse community wallets can share the 100,000 SWAN airdrop pool.
Hold at least 1,000 sSwanUSD for 7 continuous days by 19 November at 16:00 UTC.
Details in the launch thread.
swanUSD is live.
A DAO-governed stablecoin backed by wstETH, built on Monolith.
Stake swanUSD as sSwanUSD to earn protocol revenue.
Participation in the shared 100,000 SWAN launch airdrop opens today.
swanusd.com