.@Tangent_fi just launched and $sDOLA is already in the mix.
The USG/sDOLA pool is earning the highest rate in Tangent's points program.
$sDOLA's yield already makes it one of the best assets to pair in a stablecoin LP. The points on top make it worth a look.
Link below 🔽
$1M frxUSD has been deposited in the frxUSD @0xAlphaping vault.
Incentives just got refreshed so depositors are earning almost 12% APY for exposure to sDOLA from our friends at @InverseFinance🤝
Get started: https://t.co/6kgSnoN1pb
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: https://t.co/6kgSnoNzeJ
Monolith is live.
Stablecoins are DeFi’s most important money primitive, but launching one has always been too hard, too centralized, or too dependent on trusted operators.
Monolith changes that.
A permissionless protocol for creating crypto-backed stablecoins built to last.
🧵
Inverse Finance Foundation is hiring a Head of Growth
You've scaled a DeFi protocol past $500M TVL and you can explain exactly how you did it.
You understand DeFi lending and stablecoin mechanics deeply enough to spot competitive openings that a generalist would miss.
You play to win. You don't follow playbooks. You study where incumbents are vulnerable and where demand is underserved, and draw a path to victory from first principles. Then you shoot to kill.
You think about growth the way a great strategist thinks about positioning, which battles to fight, which to avoid, and how to win before the competition realizes the game has changed. You will eat them for lunch before they eat us for dinner.
If this sounds like you, DM us now.
We are aware of the Resolv/USR exploit. At this time, Inverse Finance's exposure has been fully contained. A full account of what happened and where things stand:
A compromised Resolv operator (to be confirmed) approved the minting of ~$80M USR against $200K in USDC collateral. USR depegged sharply, creating downward price pressure on the DOLA/wstUSR LP and a brief secondary DOLA depeg on DEX markets.
The RWG acted swiftly in pausing the wstUSR-DOLA FiRM markets within 15 minutes of the initial exploit. FiRM had active borrowers carrying ~$10M in DOLA debt against looped wstUSR-DOLA LP positions. Liquidators brought these position to zero. Remaining bad debt: $340,060 DOLA.
DOLA's broader collateral base is not materially affected. The $340K event is contained and will be covered. Resolv has paused all redemptions while developing recovery plans. We will continue to monitor as the situation develops.
A postmortem on sDOLA market liquidations by @LlamaRisk. Necessary learnings for safety of future markets have been made.
The loss for the borrowers ($822k) is very feasible to compensate by Curve DAO if it approves, but is subject to discussions and a vote.
The attacker profit was around $200k. While it's quite regrettable that the attack has happened, it brought valuable information before the release of a new version of LlamaLend. Likely, the attacker would have profited more if this was brought as a security report rather than an attack.
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 made to some sDOLA holders in the process.
4⃣ crvUSD LP collaterals were removed from FiRM and all existing positions repaid following a de-risking decision by Risk Working Group
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 40% APY to depositors
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 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 jrDOLA (DOLA Junior Tranche) has been approved and is expected to go live tomorrow
- Proposal to sunset FiRM’s scrvUSD LP markets has been approved and will be executed tomorrow