Rank #1252
3,233 people like this
inverse finance  (INV)

Inverse Finance (INV)

$118.07 -2.1%
0.00262563 BTC -5.5%
0.03715772 ETH -6.3%
3,233 people like this
$105.62
24H Range
$128.31
Market Cap $6,598,810
24 Hour Trading Vol $1,404,417
Fully Diluted Valuation $11,848,198
Total Value Locked (TVL) $12,252,776
Fully Diluted Valuation / TVL Ratio 0.97
Market Cap / TVL Ratio 0.54
Circulating Supply 55,694
Total Supply 100,000
Max Supply 100,000
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INV
USD
USD
Inverse Finance (INV) Price Chart

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1h
24h
7d
14d
30d
1y
1.9%
-2.1%
-26.8%
5.3%
-31.5%

INV Price and Market Stats

INV Price $118.51
Market Cap $6,598,810
Market Cap Dominance 0.00%
Trading Volume $1,401,373
Volume / Market Cap 0.2123
24h Low / 24h High $105.62 / $128.31
7d Low / 7d High $105.62 / $152.24
Market Cap Rank #1252
All-Time High $2,075.09 -94.3%
Mar 07, 2021 (7 months)
All-Time Low $102.95 15.2%
Sep 08, 2021 (15 days)

Inverse Finance Coin Price & Market Data

Inverse Finance price today is $118.07 with a 24-hour trading volume of $1,404,417. INV price is down -2.1% in the last 24 hours. It has a circulating supply of 56 Thousand INV coins and a total supply of 100 Thousand. If you are looking to buy or sell Inverse Finance, Sushiswap is currently the most active exchange.

What is INV?

INV is the governance token for Inverse Finance. 

 

How to obtain INV?

You can purchase INV from Uniswap.

 

What is Inverse Finance?

Inverse Finance Defi

 

Inverse Finance is a yield aggregator and a lending protocol.  

 

What are vaults?

Inverse Finance allows users to deposit stablecoins and earn yields in the form of chosen assets such as ETH, wBTC, and YFI. Essentially this allows users to Dollar Cost Average (DCA) their stablecoins’ yield into the chosen assets. 

Like other yield aggregators, it is more gas efficient to deposit into the vaults than manually selling the yield into the chosen assets. 

inverse finance yield aggregator

Inverse Finance utilizes Yearn Finance V2 vaults as the yield generator. 

 

What is Anchor?

Anchor is a money market, forked from Compound with some changes. Other than allowing borrowing and lending of assets, users can mint DOLA - a stablecoin pegged to USD. 

In the Stabilizer component, DOLA is pegged with DAI 1 to 1. Users can switch DAI into DOLA and vice versa. This is similar to the PSM module by MakerDAO designed to stabilize the value of DAI. 

 

How does Inverse Finance plan to leverage DOLA?

INV is expected to be a backstop token for DOLA. This allows the DAO formed by INV token holders to act as institutional DOLA lenders. The DAO can mint DOLA and use it to finance lenders by offering uncollateralized loans. The borrowers can either use DOLA as collateral to borrow other tokens from Anchor or use it directly as a stablecoin. If the borrower defaults, INV would be minted to settle the debts.

When Achor grows into having a highly liquid and diverse pool of borrowable assets and sufficient DOLA liquidity on AMMs, Inverse DAO can capture yield opportunities by following these steps:

  1. Inverse DAO finds a yield opportunity generated by another protocol.

  2. The DAO mint DOLA.

  3. If the required asset is a stablecoin, the DAO swaps DOLA to the stablecoin using Curve. If not, it uses DOLA as collateral on Anchor to borrow the required asset.

  4. The DAO uses the asset to generate yield.

  5. After earning the profit, the DAO repays the borrowed assets and burns the minted DOLA amount.

The generated profit would be kept in the DAO treasury. 

 

Inverse Finance News & Guides

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