🔄 Inverse DAO Update: INV Buybacks Hit $40K, Monolith Nears Launch
🔄 Inverse DAO Update: INV Buybacks Hit $40K, Monolith Nears Launch
🔥 Buybacks & Security Updates
Key Developments This Week:
- INV Buybacks Progress: Second week of buybacks totals 2,320 INV (~$40K) removed from circulation
- Monolith Security Review: Entering final security review by Chain Security before launch
- Curve Llamalend Incident: Bug force-liquidated sDOLA leveraged-long positions; affected holders received donations
- Risk Management Action: crvUSD LP collaterals removed from FiRM, all positions repaid following Risk Working Group de-risking decision
Recent Context:
- INV buybacks launched at $1.1M annual rate
- jrDOLA now live offering 40% APY
- Sherlock audit competition completed
- Inverse Finance Foundation operational in Cayman Islands
STATE OF THE DAO UPDATE 09/02/26 Starting today, we’ll post a weekly DAO update here every Monday: - Monolith final audit is now in escalation phase by @sherlockdefi and is expected to be finalized next week. - A draft proposal to reduce bad debt repayments and start INV
STATE OF THE DAO UPDATE 16/02/26 - INV buybacks have begun at an initial rate of $1.1M per year. 75 INV worth $1.3k have already been purchased in the first few hours. - Monolith audits are in progress and are expected to continue for a couple more weeks - Proposal to launch
STATE OF THE DAO UPDATE 24/02/26 - 1,400 INV (~$25K) were removed from circulation since INV buybacks started last week - Sherlock audit competition of Monolith contracts is complete. Now pending a final security review before launch. - jrDOLA is now live and currently offering
Here are the results of the @InverseFinance Audit Contest! 1. @0xdmanwalking - $1,833 🥇 2. bughuntoor - $8,312 🥈 3. @ValvesSec - $1,691 🥉 $35,500 in rewards, bringing Sherlock's total researcher payouts to $19.6M+. Link below for the full results 👇
STATE OF THE DAO UPDATE MONDAY 02/03/2026 1⃣ Second week of INV buybacks reaches a total of 2,320 INV (~$40K) bought 2⃣ Monolith enters its last security review by @chain_security before launch 3⃣ Curve Llamalend bug force-liquidates sDOLA leveraged-longs. A large donation was
🦃 Thanksgiving Yield Feast
**Thanksgiving DeFi Special** Inverse Finance is serving up holiday yields alongside traditional turkey and cranberry sauce. **Key Offering:** - **22.75% net APY** on sUSDS-DOLA pairs - Available through Yearn Finance integration on FiRM - Positioning yield as "the gravy" for your Thanksgiving feast **What This Means:** The timing connects traditional holiday gratitude with DeFi earning opportunities. The sUSDS-DOLA pairing offers competitive returns through Inverse Finance's fixed-rate lending platform. This rate represents current market conditions for stablecoin yield farming strategies during the holiday period.
sDOLA Expands Cross-Chain to Arbitrum, Base, Berachain, and Optimism via Chainlink CCIP
**sDOLA is expanding cross-chain** to multiple networks including Arbitrum, Base, Berachain, and Optimism using Chainlink's Cross-Chain Interoperability Protocol (CCIP). **Key developments:** - 100% organic yield now accessible across multiple chains - First Chainlink CCIP front-end integration live via Interport - Chainlink USD price feeds for DOLA already deployed on Ethereum mainnet and Base **Enhanced infrastructure:** - Oracle support provides additional resilience for DOLA and sDOLA users - Enables sDOLA use as collateral asset across lending protocols - More cross-chain oracle integrations planned for coming weeks This expansion leverages Chainlink's oracle leadership to bring sophisticated DeFi capabilities to users wherever they need them most.
Chainlink USD Price Feeds for DOLA Go Live on Ethereum and Base
**Chainlink USD price feeds for DOLA are now operational** on both Ethereum mainnet and Base network. **Key developments:** - Ethereum mainnet feed addresses lending and curator requests for **sDOLA collateral support** - Base network feed leverages Inverse Finance's extensive liquidity for **sDOLA expansion** - Integration adds **oracle resilience** to DOLA and sDOLA ecosystems **What's next:** - Additional cross-chain expansion planned - More oracle support coming in the following weeks This integration strengthens DOLA's infrastructure by providing reliable price data through Chainlink's established oracle network, enabling broader DeFi integration opportunities.
FiRM Launches wstUSR-DOLA Market with 26.66% Vault Yields
**New lending market now live** on FiRM featuring wstUSR-DOLA pairing through partnership with ResolvLabs. **Key features:** - Underlying vault yield up to **26.66%** - Fixed borrow rate at **6.97%** - Leveraged yields shown net of borrowing costs - Additional points rewards available **Autocompounding options** available through Yearn Finance and Convex Finance integrations. The market combines fixed-rate leverage with double-digit base yields. Users can access detailed information and ask questions through the project's [Discord community](https://discord.gg/bYXrPS786w). *Standard disclaimers apply - do your own research.*