Getting Started
Work in Progress: These docs are undergoing a full revision. Some pages may be incomplete or reflect outdated information. Last updated: February 12, 2026.
Inverse Finance is a decentralized autonomous organization (DAO) that develops and manages DOLA, a debt-backed stablecoin, and FiRM, a fixed-rate lending market protocol. Originally founded by Nour Haridy in late 2020, the protocol is now fully governed by the Inverse Finance DAO—a collective of crypto enthusiasts and DeFi users. Our suite of products gives you predictable borrowing costs, yield opportunities, and governance participation in a transparent, community-owned protocol.
This documentation will help you understand and use Inverse Finance whether you're borrowing DOLA for the first time, seeking yield opportunities, or participating in protocol governance. Choose your path below based on what you want to accomplish.
New to DeFi? Start with our Core Concepts page to understand fundamental terms like collateral, liquidation, and stablecoins before diving into specific products.
Core Products
FiRM - Fixed Rate Market Our flagship lending protocol offers fixed-rate borrowing for any duration. Unlike other protocols with short-term fixed rates, FiRM loans can be extended indefinitely with predictable costs through the DBR system.
DOLA - Decentralized Stablecoin A debt-backed stablecoin pegged to the US dollar. DOLA is generated through borrowing on FiRM and maintains its peg through market mechanisms and protocol-controlled liquidity.
DBR - DOLA Borrowing Rights A tokenized interest rate mechanism. Holding DBR gives you the right to borrow DOLA at zero interest—a DeFi primitive enabling rate locking, hedging, and speculation.
INV - Governance Token The protocol's governance token. Staking INV provides voting rights, anti-dilution rewards, DBR streaming rewards, and the ability to borrow against staked positions.
sINV - Staked INV A yield-bearing wrapper around staked INV that auto-compounds rewards without requiring FiRM interaction, enabling cross-chain deployment and use as collateral.
sDOLA - Staked DOLA A yield-bearing version of DOLA that auto-compounds DBR rewards into more DOLA. Holders earn protocol revenue while maintaining DOLA exposure.
jrDOLA - Junior Tranche A first-loss insurance mechanism where depositors earn enhanced yield for accepting bad debt risk, protecting DOLA's backing and enabling protocol scaling.
Choose Your Path
Start here if you're new to DeFi or Inverse Finance
Learn core concepts, understand how our products work, and take your first steps with confidence.
Access fixed-rate loans with predictable costs
Deposit collateral and borrow DOLA at truly fixed rates for any duration. Know your exact borrowing costs upfront.
Understand how our products work together
See how FiRM, DOLA, DBR, and our yield products interconnect to create a comprehensive DeFi ecosystem with unique mechanics.
Multiple strategies from conservative to aggressive
Compare all yield options: sDOLA for safety, sINV for governance participation, jrDOLA for enhanced returns.
Discover the community building Inverse Finance
Learn about our DAO structure, core contributors, working groups, and how a decentralized community governs and develops the protocol.
Shape the protocol's future
INV holders control all protocol decisions. Vote on risk parameters, treasury allocation, and strategic direction.
Essential Resources
Official Links:
🌐 App: inverse.finance
💬 Discord: Join our community
🐦 Twitter: Follow @InverseFinance
📝 Forum: Governance discussions
💻 GitHub: View our code
🐛 Bug Bounty: Report vulnerabilities
Key Pages:
Risk Disclosure - Understand protocol risks
Audits & Security - Review security assessments
Smart Contracts - Official contract addresses
Transparency Dashboard - Real-time protocol data
Security Reminder: Team members will never DM you first. Always verify you're on official Inverse Finance sites. Never share your seed phrase or private keys with anyone.
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