Inverse Finance Fixed Rate Market:
The Fixed Rate Market or “FiRM,” is Inverse Finance’s new Fixed Rate Market lending protocol that implements a new DeFi primitive called DOLA Borrowing Rights, and a novel money market architecture, Personal Collateral Escrows.
DOLA Borrowing Rights:
DBR's provide the holder the right to borrow DOLA in FiRM. DBR’s solve issues of highly volatile interest rates in traditional variable rate lending and DBR removes many of the constraints of conventional fixed rate interest lending in DeFi. Users benefit from the certainty of fixed-rate loans while gaining both short and long-term optionality and opportunities from DOLA Borrowing Rights.
Where is DOLA Borrowing Right available for purchase?
You can exchange DBR tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading DOLA Borrowing Right is Curve (Ethereum), notably the DBR/DBR pair, which saw a trading volume of $ 44,152 in the past day.
What is the highest value DOLA Borrowing Right (DBR) has ever reached?
DOLA Borrowing Right (DBR) reached its peak price at 0.2581 $ on 17 March 2024, approximately a year ago ago. Presently, the current price is -64.98% lower than this all-time high.
What is the historical minimum price for DOLA Borrowing Right (DBR)?
The minimum price reached for DOLA Borrowing Right (DBR) was 0.04184 $, documented on 12 September 2024, more than a year ago. In comparison, the current price is 116.05%, it above this historical low.
What is the fully diluted valuation of DOLA Borrowing Right (DBR)?
The fully diluted valuation (FDV) of DOLA Borrowing Right (DBR) stands at $ 3,57 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of DBR tokens. The realization of this FDV might take several years depending on the emission schedule of DBR tokens.
How to add DOLA Borrowing Right (DBR) to MetaMask?
By integrating DOLA Borrowing Right (DBR) into MetaMask, you gain access to features like monitoring your token balances and trading on decentralized exchanges. To do this, you'll need to import DBR as a token. You can either manually import DBR by copying its contract address (0xad038eb671c44b853887a7e32528fab35dc5d710) or use MetaMask's Chrome extension to add DBR with a single click through P.CASH.
How to add DOLA Borrowing Right (DBR) to TrustWallet?
Incorporating DOLA Borrowing Right (DBR) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include DBR, you can either manually import it using the contract address (0xad038eb671c44b853887a7e32528fab35dc5d710) or conveniently add it to Trust Wallet with just one click via P.CASH if you've installed Trust Wallet's Chrome extension.
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