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DOLA

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Category: Stablecoin Issuance

Description

DOLA is Inverse Finance’s native decentralized USD stablecoin. It is primarily created through overcollateralized borrowing in FiRM markets and can also be minted or redeemed against USDS via the Peg Stability Module. DOLA circulates on Ethereum mainnet and L2s, with its supply backed by FiRM collateral or PSM reserve assets.