sINV/sDOLA
Yield-bearing staked INV sINV, or staked INV, brings the INV governance token to users who do not trade on Ethereum mainnet or who do not use FiRM. sINV also gives users a way to hold INV without the need to manually claim rewards, while creating opportunities to make sINV available in liquidity pools or as loan collateral on third party lending markets. sINV is a yield-bearing, synthetic token that derives its yield by autocompounding rewards sent to INV stakers on Inverse Finance’s FiRM lending market. Users who stake INV as sINV receive a constant stream of DBR’s, in addition to INV staking rewards, which are continually swapped into more INV, resulting in yield-bearing sINV. Depositing INV for sINV further incentivizes the long-term holding of INV, creates continuous market buy pressure on INV, and resulting in reduced liquidity costs per circulating INV and improved overall unit economics of the protocol.
Score | 31 |
|---|---|
24h Vol | $530.71 |
Liquidity | $9.3K |
Holders | 72 |
Audits | |
Age | 1 hour |
FDV | $1.4M |
Market Cap | $1.4M |
| Addresses | |
|---|---|
| Pool | |
| sINV |  |
| sDOLA | |
sINV to sDOLA Converter
Score | 31 |
|---|---|
24h Vol | $530.71 |
Liquidity | $9.3K |
Holders | 72 |
Audits | |
Age | 1 hour |
FDV | $1.4M |
Market Cap | $1.4M |
About Staked Inv (sINV)
Yield-bearing staked INV sINV, or staked INV, brings the INV governance token to users who do not trade on Ethereum mainnet or who do not use FiRM. sINV also gives users a way to hold INV without the need to manually claim rewards, while creating opportunities to make sINV available in liquidity pools or as loan collateral on third party lending markets. sINV is a yield-bearing, synthetic token that derives its yield by autocompounding rewards sent to INV stakers on Inverse Finance’s FiRM lending market. Users who stake INV as sINV receive a constant stream of DBR’s, in addition to INV staking rewards, which are continually swapped into more INV, resulting in yield-bearing sINV. Depositing INV for sINV further incentivizes the long-term holding of INV, creates continuous market buy pressure on INV, and resulting in reduced liquidity costs per circulating INV and improved overall unit economics of the protocol.
sINV/sDOLA Price Stats
The current price of sINV (sINV/sDOLA) on Balancer V3 (Ethereum) is $10.73, the price is up -0.61% in the last 24 hours. Its 24-hour trading volume is reported to be at $530.71 with a total of 4 transactions. sINV/sDOLA contract address is 0xa1aac37642c7a057daa7dd4f8837b26e11a0a8aa, with a Fully Diluted Valuation (FDV) of $1.45M and a liquidity pool of $9,341.25.
