INV Staking Guide
New DOLA borrows against the FiRM INV market are paused. Governance mill 389 (executed 2026-06-24) paused new borrows on the INV market. Staking INV, earning DBR and INV rewards, and participating in governance still work. Existing INV positions can still be managed (repay, withdraw, add collateral, stake). Do not treat INV staking as currently unlocking new DOLA borrows on FiRM.
Staking INV on FiRM is how you put your INV to work. Stakers earn two forms of continuous rewards, retain full DAO voting rights, and can manage an existing DOLA borrow against their position when they already have one. New DOLA borrows against INV on FiRM are paused (mill 389).
Benefits of Staking INV
Anti-Dilution Rewards: INV stakers receive continuous INV rewards with every Ethereum block, designed to protect long-term holders from the effects of periodic INV supply expansions used to fund DAO liquidity and operations. The reward rate is monitored and adjusted by the Policy Committee to ensure stakers remain the primary beneficiaries of any new supply, meaning stakers grow their proportional ownership of INV over time rather than being diluted by it. The DAO has consistently upheld this commitment since early 2022. Because the APY tracks supply expansions, it will fluctuate over time. At present, INV dilution protection rewards are set to 0 since the DAO is currently operating at net 0 INV inflation.
DBR Real Yield Streaming: Separate from anti-dilution rewards, stakers earn DBR streamed continuously on a per-INV basis. Since these DBR rewards come on top of the inflation-adjusted INV rewards, they function as genuine real yield. Earned DBR can be held for future DOLA borrowing, swapped for other assets, or used immediately to service an existing DOLA loan on FiRM. The DBR APY varies based on DOLA borrowing activity across FiRM. Keep an eye on the Policy channel in Discord for updates.
DOLA Borrowing (paused for new borrows): Staked INV can serve as collateral on FiRM. New DOLA borrows against the INV market are paused (mill 389, executed 2026-06-24). Open INV positions can still be repaid, withdrawn, or otherwise managed. This pause is strategic, not a sign that existing positions cannot be serviced.
DAO Governance: Staking does not forfeit your governance rights. INV stakers retain full voting power in the DAO's on-chain governance system.
How to Stake INV
Starting from a Non-Custodial Wallet
If you already hold INV in a non-custodial wallet like MetaMask or Coinbase Wallet, ensure you have some ETH available to cover gas fees. Then navigate to the INV market on FiRM, connect your wallet, and use the Stake tab to deposit your INV.
Upon depositing, you will receive xINV tokens as receipts representing your staked position. These can always be redeemed for your underlying INV when you unstake. From this point, staking rewards begin accruing immediately. Your position is not currently a path to a new DOLA borrow on FiRM while mill 389 remains in effect.
Starting from a Centralized Exchange (e.g. Coinbase)
If your INV is held on a centralized exchange, you'll first need to transfer it to a non-custodial wallet before staking. The process below uses Coinbase as an example, but the steps are similar across most exchanges. If you're new to non-custodial wallets, Coinbase has a helpful setup guide here.
Step 1 - Initiate a transfer from Coinbase
From the My Assets screen, click the Transfer button in the top-right corner.
Step 2 - Send INV to your wallet address
Select Send, choose INV as the asset, enter the amount, and input the Ethereum address of your non-custodial wallet as the recipient. Double-check the address before confirming.
Always verify your destination wallet address carefully. Transactions on Ethereum are irreversible.
Once the transfer arrives in your non-custodial wallet, make sure the wallet is set to Ethereum Mainnet, then follow the non-custodial staking steps above.
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