Morpho Enables sDOLA Yield Looping with frxUSD Borrowing
Morpho Enables sDOLA Yield Looping with frxUSD Borrowing
🔄 sDOLA looping arrives
Morpho now allows users to loop their sDOLA yield by borrowing frxUSD against their positions. This functionality comes through a collaborative market between Frax Finance and Alphaping.
Key Details:
- Users can leverage their sDOLA holdings to borrow frxUSD
- The Alphaping Enhanced frxUSD Vault currently offers 28% APY with sDOLA exposure
- sDOLA is provided by Inverse Finance, a veteran DeFi protocol
This looping strategy allows users to maintain exposure to sDOLA yields while accessing additional liquidity through frxUSD borrowing, potentially amplifying returns through leverage.
Loop your sDOLA yield on @Morpho. Borrow frxUSD against your position, courtesy of a joint market @FraxFinance @0xAlphaping
Who said DeFi yields are too low? Right now, our @0xAlphaping Enhanced frxUSD Vault is returning 28% APY with exposure to sDOLA, from the OG DeFi team @InverseFinance. Get started: app.morpho.org/ethereum/vault…
Inverse DAO Launches Monolith on Ethereum
Inverse DAO has officially launched **Monolith** on Ethereum mainnet. The protocol is fully developed, launched, and owned by the decentralized autonomous organization. This marks a significant milestone for Inverse DAO's expanding suite of DeFi products on Ethereum. Monolith joins Inverse Finance's existing offerings, which include FiRM, their permissionless fixed-rate lending protocol. The launch demonstrates the DAO's continued commitment to building native Ethereum infrastructure.
🔄 Inverse DAO Update: INV Buybacks Hit $40K, Monolith Nears Launch
**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](https://chainsecurity.com) 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
🦃 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.