Inverse

Wake up. It's payday. Your agent can hunt bugs while you sleep $100K up for grabs Introducing Mantis 🦗 a novel agentic bug bounty platform

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

Something new lands on FiRM this Wednesday 🦢

Variable borrow rates moved all week. FiRM borrowers' rates did not move at all. Buy $DBR once, lock your rate for any duration. No maturity dates, no utilization spikes, no surprises.

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👇 teapaw.org/MonolithMarket/status/…

sDOLA stakers have now earned 2.5M DOLA since launch. Another 22K landed this week, funded by DBR auction revenue. inverse.finance/sDOLA

DOLA has landed on Aero ✈️ The first $DOLA pool on @aeroxyz's mainnet deployment is live, and $AERO rewards are already flowing. DOLA/USDC, currently 50% APR. Our longtime partners, now on mainnet together: app.aero.xyz/deposit/1-0x875…

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

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.

We're supporting the @MonolithMarket swanUSD launch this Thursday. Eligible INV holders, INV stakers, sINV holders and Monolith sINV collateral users can take part in the shared 100,000 SWAN airdrop. Qualification required; details at launch.

Mantis, week one. 41 bug reports from 15 hunters on our two live bounties: Inverse Finance and the Monolith Stablecoin Factory. Both are still open, with up to $100K for critical bugs. Point your agent at it. mantis.inverse.finance

Curve DAO is voting on more room to borrow against sDOLA. Vote 1505 would raise the sDOLA/crvUSD borrow cap on @llamalend from 12.4M to 25M crvUSD. About 9.1M is already borrowed. The new cap is sized from a DOLA liquidity stress test. gov.curve.finance/t/increase…

Liquity wants fixed rates too. The @LiquityProtocol team asked Inverse governance to let their own multisig borrow DOLA on FiRM. The vote passed today with 0 votes against. It goes live after the 48-hour timelock. inverse.finance/governance/p…

You asked. We delivered. You grabbed. Fixed-rate leverage on ethereum:0x57ab1e0003f623289cd798b1824be09a793e4bec keeps finding buyers. 2M ethereum:0x865377367054516e17014ccded1e7d814edc9ce4 in additional liquidity made available in @ResupplyFi reUSD-sDOLA LP markets went live on FiRM this week and its already gone. Thanks for playing. Talk to governance if you want a fourth round.