🦃 Thanksgiving Yield Feast
🦃 Thanksgiving Yield Feast
🦃 Yield is gravy
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.
Thanksgiving checklist: ✅ Turkey ✅ Cranberry sauce ✅ 22.75% net APY on sUSDS-DOLA with @yearnfi on FiRM The yield is also the gravy.
Morpho Enables sDOLA Yield Looping with frxUSD Borrowing
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. [Access the vault](https://app.morpho.org/ethereum/vault/0xd8CD72A2eB7A4312404C00AeD5172C0026da0C27/alpha-frax-usd-enhanced-v2)
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
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.