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fixed-rate money market

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dr. mia von steinkirch, phd 2023-02-10 19:39:43 -08:00 • committed by GitHub
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MEV_and_trading/protocols/inverse.md
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* [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.
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