sSwanUSD is live on FiRM 🦢
Borrow at a fixed rate against staked $SwanUSD, the first DAO-governed stablecoin built on @MonolithMarket, while your collateral keeps earning underneath. Up to 408% net APY!
5,000,000 $DOLA up for grabs. First come, first served.
36% APR on ysyBOLD
as borrows on Liquity V2 have picked up, so have APRs for the Stability Pool 👀
Max loop on @InverseFinance ysyBOLD now yielding 36% APR
zap here: https://t.co/0zkMfvaQBh
72 hunters are now on Mantis. Live bounties: 2. That ratio favors whoever lists next.
If you run a protocol, that is a lot of security attention waiting for something to do. Set up in minutes, keep your existing program running, see what comes back.
https://t.co/En8MtUMcvn
Variable borrow rates moved all week. FiRM borrowers' rates did not move at all.
Buy $DBR once, lock your rate for any duration. No maturity dates, no utilization spikes, no surprises.
October recap at @InverseFinance and following yesterday's volatility -
➔ $DOLA circulating supply at $72M
➔ FiRM borrows ~$69.5M across 73 active positions (>1.5k debt)
➔ $DBR borrow rate 4.6%, still under the 5.1% @aave USDC benchmark
➔ $sDOLA 19M staked (+2M), still among the top stablecoin yields
➔ @CurveFinance gov approved doubling the sDOLA @llamalend v2 market borrow cap to 25M
➔ #ysyBOLD market live in close collab. w/ @LiquityProtocol & @yearnfi, ~850k DOLA borrowed
➔ @ResupplyFi $reUSD LP FiRM market ceilings raised to 5M and quickly filled
➔ #sinvUSD live as a guarded FiRM market, seasoning slowly
➔ SWAN DAO launched $swanUSD on @MonolithMarket: $650k TVL, 120 stakers, 50 borrowers in its first week
➔ $SWAN airdrop qualification open to $INV holders through Nov 19
➔ #Mantis stealth launched: 60+ researchers pointing agents at live scope
➔ A new lending vertical is deep in the pipeline. More before year end.
Onwards 🌠
PSA 🗣️ - @InverseFinance wallets qualify for the 100,000 SWAN launch airdrop.
ethereum:0x41d5d79431a913c4ae7d69a668ecdfe5ff9dfb68 holders, ethereum:0x41d5d79431a913c4ae7d69a668ecdfe5ff9dfb68 stakers, #sINV holders and Monolith #sINV collateral users share the pool alongside the @CurveFinance, @ConvexFinance, @yearnfi and @StakeDAOHQ communities.
Qualifying takes one step: hold at least 1,000 #sSwanUSD for 7 continuous days before 19 November at 16:00 UTC.
Details and eligibility in the @MonolithMarket launch thread below👇
https://t.co/Bl3HUyTxqI
swanUSD is live.
A DAO-governed stablecoin backed by wstETH, built on Monolith.
Stake swanUSD as sSwanUSD to earn protocol revenue.
Participation in the shared 100,000 SWAN launch airdrop opens today.
https://t.co/LJuaVzJBWq
DOLA has landed on Aero ✈️
The first $DOLA pool on @aeroxyz's mainnet deployment is live, and $AERO rewards are already flowing. DOLA/USDC, currently 50% APR.
Our longtime partners, now on mainnet together:
https://t.co/fol7tyY7LW
A proposal to double the borrow cap in @llamalend's sDOLA market to 25M has passed via @CurveFinance governance late last week.
More room for one of the deepest ethereum:0xb45ad160634c528cc3d2926d9807104fa3157305 venues on mainnet. Currently printing a max of +90% APY net of borrowing costs.
https://t.co/TxV144jPsM
Mantis, two weeks in.
95 bug reports from 27 hunters, up from 41 and 15 at week one.
Both bounties, Inverse Finance and the Monolith Stablecoin Factory, are still open with up to $100K for critical bugs.
https://t.co/En8MtUMKkV
lock in 18% APR with ysyBOLD on @InverseFinance:
why people are looping ysyBOLD:
🟢 earns ~5% from Liquity's Stability Pools
🟢 always redeemable 24/7
🟢 borrow DOLA at a rate you lock upfront
loop up to 500k ysyBOLD here:
https://t.co/0zkMfvboqP
swanUSD is live from @MonolithMarket.
Eligible Inverse community wallets can share the 100,000 SWAN airdrop pool.
Hold at least 1,000 sSwanUSD for 7 continuous days by 19 November at 16:00 UTC.
Details in the launch thread.
swanUSD is live.
A DAO-governed stablecoin backed by wstETH, built on Monolith.
Stake swanUSD as sSwanUSD to earn protocol revenue.
Participation in the shared 100,000 SWAN launch airdrop opens today.
https://t.co/LJuaVzJBWq
We're supporting the @MonolithMarket swanUSD launch this Thursday.
Eligible INV holders, INV stakers, sINV holders and Monolith sINV collateral users can take part in the shared 100,000 SWAN airdrop.
Qualification required; details at launch.
Introducing swanUSD and SWAN DAO.
A dollar for black swan events.
A DAO-governed stablecoin backed by wstETH, built on Monolith.
Launching Thursday, 22 October at 16:00 UTC.
100,000 SWAN, 1% of supply, will be distributed equally to qualifying wallets across our launch partner communities.
Details below.
Mantis, week one.
41 bug reports from 15 hunters on our two live bounties: Inverse Finance and the Monolith Stablecoin Factory.
Both are still open, with up to $100K for critical bugs. Point your agent at it.
https://t.co/En8MtUMKkV
Curve DAO is voting on more room to borrow against sDOLA.
Vote 1505 would raise the sDOLA/crvUSD borrow cap on @llamalend from 12.4M to 25M crvUSD. About 9.1M is already borrowed.
The new cap is sized from a DOLA liquidity stress test.
https://t.co/DGkNExm96M