Uniswap DOLA-ETH Pool
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.
Start date
Thursday 4th March 2021 approximately 19:00 UTC
End date
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

  1. 1.
    Acquire DOLA
  2. 2.
    Supply liquidity to the Uniswap DOLA-ETH pool
  3. 3.
    Stake Uniswap DOLA-ETH LP tokens into the INV rewards staking contract

Acquire DOLA

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.
  1. 1.
    Make sure you have DAI in your wallet. You can obtain DAI from Curve.Fi in exchange for a number of different stablecoins.
  2. 2.
    Navigate to the Anchor Stabilizer page.
  3. 3.
    Select the amount of DOLA that you would like to buy with DAI.
  4. 4.
    Connect your wallet using the connect wallet button in the top right hand corner of the page.
  5. 5.
    Approve the amount via MetaMask when asked to approve your DAI spend.
  6. 6.
    Submit the trade transaction to trade DAI for DOLA.
Buying DOLA in exchange for DAI
You may want to obtain DOLA by borrowing from Anchor Banking for two reasons:
  1. 1.
    The Anchor Stabilizer has reached its $10M DAI reserve limit
  2. 2.
    You wish to keep price exposure to your assets (ETH) whilst using your assets as collateral to borrow DOLA.
To learn how to borrow DOLA by putting up ETH as collateral in Anchor, see: Anchor Borrowing.
The following pools allow you to buy DOLA in exchange for either another stablecoin or ETH:

Add liquidity to the Uniswap DOLA-ETH pool

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.
  1. 1.
    Visit the Inverse Finance Staking page and connect your wallet using the button in the top right hand corner of the page to get started.
  2. 2.
    Stake your DOLA-ETH Uniswap Pool LP tokens into the contract by selecting the amount, clicking the deposit button and submitting the transaction using your wallet.
Congratulations! You are now earning INV token.
To view and claim your earned INV rewards you can use the Claim tab at the same page.
To view your current APR you can use the handy VFAT Tools page.
Last modified 7mo ago