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FiRM

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Category: Decentralised Borrowing & Lending
TVL: $19M

Inverse Finance

Inverse Finance is a decentralized autonomous organization that operates a suite of DeFi products centered on DOLA, its debt-backed stablecoin, and FiRM, a fixed-rate market for overcollateralized DOLA borrowing. Its products include DBR borrowing rights, the yield-bearing sDOLA stablecoin, INV governance token, sINV, and jrDOLA. The DAO offers users fixed-rate borrowing, yield opportunities, transparent protocol metrics, and governance participation; it also operates Monolith, a stablecoin-as-a-service protocol.
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Funding Rounds

Funding Round: Private token sale
Funding Date: 23 Feb, 2023
Raised Amount: $1M