The first Inverse.finance liquidity mining program
*This reward program has now ended. For a list of current yield farming programs relating to INV and DOLA, see this list*
Inverse.finance users can make use of Uniswap's DOLA-ETH pool to farm INV. This is done by providing liquidity the pool, and staking the received liquidity provider tokens into Inverse.finance's staking system.
Thursday 4th March 2021 approximately 19:00 UTC
Thursday 18th Match 2021 approximately 19:00 UTC
1250 INV, Uniswap LP fees
To ensure healthy DOLA liquidity, vital for maintaining the DOLA-USD/DAI peg via arbitrage
High level Guide
Supply liquidity to the Uniswap DOLA-ETH pool
Stake Uniswap DOLA-ETH LP tokens into the INV rewards staking contract
DOLA can be using any of the following methods:
minting via the Anchor Stabilizer;
borrowing from Anchor Banking; or
buying from one of the Uniswap or Crv.finance pools.
The how-to of each method is described in their respective tab below.
DOLA can be minted using the Anchor Stabilizer. The Stabilizer allows DOLA to be minted and burned for DAI for a 0.1% - 0.2% fee. The fees go to the Inverse DAO.
During the initial launch phase, the Stabilizer is capped at $10M of DAI reserves, meaning that only 10M of DOLA can be minted into existence via the Stabilizer at any one time.
Make sure you have DAI in your wallet. You can obtain DAI from Curve.Fi in exchange for a number of different stablecoins.
Visit the DOLA/ETH Uniswap Pool and add liquidity in exchange for Uniswap Liquidity Provider tokens. You will need to have both ETH and DOLA in your wallet before you are able to provide liquidity.
Stake Uniswap LP tokens into the INV rewards staking contract
After providing liquidity into Uniswap's DOLA-ETH pool, you will have acquired DOLA-ETH liquidity provider tokens. These tokens can be staked in Inverse.finance's INV rewards staking contract to farm INV.