From 31c0b8d7e6941e5a04d576544e6a27a00932a985 Mon Sep 17 00:00:00 2001 From: "dr. mia von steinkirch, phd" <1130416+mvonsteinkirch@users.noreply.github.com> Date: Fri, 10 Feb 2023 19:39:43 -0800 Subject: [PATCH] fixed-rate money market --- MEV_and_trading/protocols/inverse.md | 3 ++- 1 file changed, 2 insertions(+), 1 deletion(-) diff --git a/MEV_and_trading/protocols/inverse.md b/MEV_and_trading/protocols/inverse.md index 3552b90..c417d91 100644 --- a/MEV_and_trading/protocols/inverse.md +++ b/MEV_and_trading/protocols/inverse.md @@ -10,7 +10,8 @@ * [inverse finance](https://www.inverse.finance/) is building a suite of DeFi tools that are governed by the Inverse Finance DAO * the first product was DCA (Dollar Cost Average) vaults, but the DAO decided to put all resources toward Anchor and their synthetic stablecoin DOLA -* anchor (later renamed to Frontier) is a lending market (mostly a fork of Compound) +* anchor (later renamed to Frontier) is a lending market (mostly a fork of Compound). +* now, fixed-rate money market (FiRM) is an improved version of frontier with additional features, increased security, and a new primitive to facilitate fixed-rate borrowing of DOLA.