Llama Party feat. Inverse Finance 🦙🎉
Join Live Llama Party, Dec. 20 at 7 AM PT / 10 AM ET / 3 PM UTC
Grab some yuletide egg nog, or any of your favorite beverages, and join us today for a Llama Party featuring the team from Inverse Finance!
Join live at 7AM PT / 10 ET / 3 PM UTC, streaming live on 𝕏 and YouTube!
Inverse Finance
If DeFi is entering a renaissance, it’s being led by the explosion of activity in permissionless lending markets.
Why? Users have many reasons, but among our followers the most popular reasons are yield farming and looping (leverage).
Of course Aave, the choice of the President-elect, is leading the pack — and we opened the year with a Llama Party with the Aave Chan Initiative. As we come to the tail end of the year, we are thrilled to be joined by another one of the protocols we most admire — the team from Inverse Finance.
If you’re not familiar, Inverse has a unique spin for DeFi. While most crypto lending markets necessarily feature variable interest rates, Inverse has carved out a niche with FiRM (Fixed Rate Markets).
FiRM has absolutely exploded in recent months, celebrating $110MM in TVL before this recent market tempest.
In the ever-volatile crypto markets, the advantages of fixed rates is easy to understand.
Large entities are able to utilize the protocol at size, a great story here:
Throughout their history, they’ve seen great success at integrating tokens from across the flywheel, including Curve LP positions:
Amidst all the fun, they are also riding the burgeoning yield-bearing stablecoin narrative. The $sDOLA, which earns fees natively, consistently tops APY charts.
Pairing yield-bearing stablecoins with lending markets, the use cases for DeFi become crystal clear:
For all the things we respect about Inverse Finance, perhaps the thing we admire most is the way they recovered from the prior incident of “bad debt” the protocol suffered. Lesser teams would have folded up shop. Inverse ground through it, and now the incident is disappearing into the rear view mirror.
Inverse Finance is not only building great DeFi primitive, they’re building heaps of trust. It’s easy to get demoralized by hacks and scammers, but trust remains central to the new financial system we’re building together.
We’ll be discussing all this, and much more, on today’s Llama Party — join us live to drop questions!
In the meantime, you can prep for the fun by reviewing some of our prior coverage on Inverse:
