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SDOLA

sDOLA is a yield-bearing stablecoin that auto-compounds returns from FiRM lending revenue.
Category: Savings & Yield

Description

sDOLA is an ERC-4626 wrapper around the DOLA Savings Account. Deposited DOLA earns DBR revenue from FiRM borrowers; that revenue is converted to DOLA and distributed proportionally, increasing the DOLA:sDOLA exchange rate. It can be converted back to DOLA without a lock-up period.