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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.
The live DOLA Borrowing Right price today is $0.098665 USD with a 24-hour trading volume of $36,494.93 USD. We update our DBR to USD price in real-time. DOLA Borrowing Right is down 5.20% in the last 24 hours. The current CoinMarketCap ranking is #4546, with a live market cap of not available. The circulating supply is not available and a max. supply of 4,646,000 DBR coins.