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Record sog_st_dola
DOLA/DOLA
Also recorded as DOLA, Inverse Finance DOLA
- Lifecycle
- Active
- Issuance
- Protocol-based
- Reference target
- US dollar
- Primary organization
- Inverse Finance DAONo additional recorded relationship
- Launch
- 2021-02-25
- Redemption
- Protocol Redemption
- Backing
- Crypto-collateralized
- Stabilization
- Hybrid
- Last review
- 2026-06-25
- Evidence
- 6 source records
Reviewed assessment
Identity and current state
This summary reports reviewed facts and uncertainty. It is not a rating or recommendation.Inverse Finance's decentralized USD stablecoin, created through overcollateralized FiRM borrowing and direct reserve swaps through the Peg Stability Module.
| Name | DOLA |
|---|---|
| Symbol | DOLA |
| Aliases | DOLA, Inverse Finance DOLA |
| Asset class | Stablecoin |
| Lifecycle status | Active |
| Issuance status | Protocol-based |
| Canonical record ID | sog_st_dola |
| Route slug | dola |
| Record confidence | High |
| Last reviewed | 2026-06-25 |
- Name
- DOLA
- Symbol
- DOLA
- Aliases
- DOLA, Inverse Finance DOLA
- Asset class
- Stablecoin
- Lifecycle status
- Active
- Issuance status
- Protocol-based
- Canonical record ID
sog_st_dola- Route slug
dola- Record confidence
- High
- Last reviewed
- 2026-06-25
Record coverage
| Section | Entries |
|---|---|
| Organizations | 1 |
| Sources | 6 |
| Reserve reports | 1 |
| Reserve components | 2 |
| Model-history events | 1 |
| Regulatory notes | 0 |
| Deployments | 1 |
| Issuer-control actions | 0 |
| Open questions | 2 |
| Events | 2 |
Primary display is a navigation and summary choice only. It does not replace other organizations or imply sole legal responsibility, operational control, reserve custody, or historical continuity.
- Governance
- DAO Governed
- Primary display organization
- Inverse Finance DAO
- Primary display role
- Protocol operator
- Display selection mode
- Deterministic Policy
- Current relationships
- 1
- Ended relationships
- 0
- Unknown relationship state
- 0
- Freeze capability
- 0 recorded yes · 0 recorded no · 1 not recorded
- Blacklist capability
- 0 recorded yes · 0 recorded no · 1 not recorded
- Deployment control-event references
- 1
- Observed issuer-control events
- 0
- Relationship coverage
- 1 recorded relationship
| Organization | Organization category | Regulatory character | Jurisdiction | Role | Display priority | From | Until | Relationship status |
|---|---|---|---|---|---|---|---|---|
| Inverse Finance DAO | DAO or governance body | Protocol or decentralized system | Decentralized | Protocol operator | Primary display | Not yet recorded | Not yet recorded | Active relationship |
DAO or governance body
Primary displayInverse Finance DAO
- Functional role
- Protocol operator
- Relationship status
- Active relationship
- Regulatory character
- Protocol or decentralized system
- Jurisdiction
- Decentralized
- From
- Not recorded
- Until
- Not recorded
Mechanism
How the asset works
Reference, backing, stabilization, exit, valuation, and yield remain separate facts.- Reference target
- US dollar
- Reference kind
- Fiat
- Comparison category
- US dollar
- Target value
- 1
- Reference methodology
- DOLA targets one U.S. dollar through overcollateralized debt, PSM reserves, governance-managed supply, and market arbitrage.
- Public backing model
- Crypto-collateralized
- Canonical backing types
- Crypto Collateral, Stablecoin Collateral
- Reserve component categories
- Crypto Collateral, Stablecoin Collateral
- Primary stabilization mechanism
- Hybrid
- Recorded model description
- Overcollateralized Firm Debt and PSM Reserves
- Redemption / exit model
- Protocol Redemption
- Valuation source
- Inverse Finance DOLA and PSM documentation
- Yield / rebase profile
- No recorded change · Accrual: No recorded change
- Classification notes
- Active protocol stablecoin backed primarily by FiRM borrower collateral and secondarily by USDS reserves in the PSM.
Reserve and redemption
Reserve and redemption
Recorded components, disclosures, reports, and redemption conditions remain explicit.Reserve components
- FiRM borrower collateralCrypto Collateral
- USDS reserves in the Peg Stability ModuleStablecoin Collateral
| Disclosure status | Onchain Protocol Transparency |
|---|---|
| Backing types | Crypto Collateral, Stablecoin Collateral |
| Summary | DOLA is primarily backed by borrower collateral in FiRM markets, with USDS reserves held through the Peg Stability Module as a secondary issuance and peg-defense layer. |
| As of | 2026-06-15 |
| Profile confidence | High |
- Disclosure status
- Onchain Protocol Transparency
- Backing types
- Crypto Collateral, Stablecoin Collateral
- Summary
- DOLA is primarily backed by borrower collateral in FiRM markets, with USDS reserves held through the Peg Stability Module as a secondary issuance and peg-defense layer.
- As of
- 2026-06-15
- Profile confidence
- High
| Current status | Protocol Based |
|---|---|
| Settlement asset | USDS through the Peg Stability Module or collateral release through FiRM debt repayment |
| Eligible parties | Public protocol users subject to supported interfaces, available liquidity, and transaction constraints. |
| Retail access | Public Protocol or Market Based |
| Institutional access | Public Protocol or Market Based |
| Minimum amount | Protocol and transaction dependent. |
| Fee | The documented DOLA-to-USDS PSM direction charges 20 basis points; other protocol and network costs may apply. |
| Settlement time | Onchain transaction and liquidity dependent. |
| Regional limits | Front-end, network, and applicable legal restrictions may apply. |
- Current status
- Protocol Based
- Settlement asset
- USDS through the Peg Stability Module or collateral release through FiRM debt repayment
- Eligible parties
- Public protocol users subject to supported interfaces, available liquidity, and transaction constraints.
- Retail access
- Public Protocol or Market Based
- Institutional access
- Public Protocol or Market Based
- Minimum amount
- Protocol and transaction dependent.
- Fee
- The documented DOLA-to-USDS PSM direction charges 20 basis points; other protocol and network costs may apply.
- Settlement time
- Onchain transaction and liquidity dependent.
- Regional limits
- Front-end, network, and applicable legal restrictions may apply.
| Date | Publisher | Type | Assets covered | Record confidence |
|---|---|---|---|---|
| Not yet recorded | Inverse Finance | Onchain Protocol Transparency | Crypto Collateral, Stablecoin Reserve | High |
Inverse Finance
Not yet recorded- Type
- Onchain Protocol Transparency
- Assets covered
- Crypto Collateral, Stablecoin Reserve
- Record confidence
- High
Deployments and legal context
Deployments and legal context
Network state, contract identity, legal notices, and value states remain separate.| Network | Network record state | Standard | Public deployment category | Canonical deployment type | Operational state | Recorded status | Change or proposal state | Canonicality | Canonicality record state | Verification state | Contract identity state | Contract or identifier | Freeze | Blacklist | Control events | Notes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ethereum | Specific network recorded | ERC-20 | Protocol-native or protocol-supported deployment | Protocol Native Token | Active | Active | No separate change state recorded | Native deployment | Canonicality recorded | Identifier recorded; verification not recorded | Identifier recorded | 0x865377367054516e17014ccded1e7d814edc9ce4 | Not yet recorded | Not yet recorded | 1 | Canonical DOLA Ethereum contract created on 2021-02-23. Contract deployment precedes the 2021-02-25 public Anchor and DOLA launch and does not establish the exact first mint. |
| Date | Title | Authority / publisher | Type | Summary |
|---|---|---|---|---|
| No regulatory notes have been added yet. | ||||
No regulatory notes have been added yet.
Evidence
Evidence
Publisher, provenance, supported claims, archive state, reliability, and publication date remain separate.| Source | Publisher | Source category | Provenance | Primary or secondary | Supported claims | Archive | Reliability |
|---|---|---|---|---|---|---|---|
| Inverse Finance DOLA documentation Published Not yet recorded | Inverse Finance | Official documentation or product page Canonical: Official Documentation | Subject-controlled source | Primary source | Entity Identity, Overcollateralized Issuance, PSM Reserves, Ethereum Contract, Entity Issuance and Backing | Archive index or wildcard | High |
| DOLA Peg Stability Module Published Not yet recorded | Inverse Finance | Official documentation or product page Canonical: Official Documentation | Subject-controlled source | Primary source | Usds Reserve, Swap Terms, Fees, Governance Controls, Peg and Redemption Mechanics | Archive index or wildcard | High |
| Inverse Finance public product index Published 2026-05-01 | Inverse Finance | Technical documentation or repository Canonical: Official Repository | Technical primary source | Primary source | Active Product, Firm Borrowing, Sdola Relationship, Current Product Status | Archive index or wildcard | High |
| Inverse Finance Frontier and Anchor legacy documentation Published Not yet recorded | Inverse Finance | Official documentation or product page Canonical: Official Documentation | Subject-controlled source | Primary source | Launch Date, Anchor Frontier Lineage, Dola Issuance, Public Protocol Availability, Original Public Launch | Archive index or wildcard | High |
| Fresh Whitepaper: FiRM. A New Way To Do Fixed Rate Borrowing Published 2022-10-31 | Inverse Finance | Official statement or announcement Canonical: Official Statement | Subject-controlled source | Primary source | February 2021 Origin, Anchor Launch, Dola Launch, Firm Is Later Protocol, Asset Origin and Protocol Lineage | Archive index or wildcard | High |
| DOLA Ethereum contract creation Published 2021-02-23 | Etherscan | On-chain record or explorer Canonical: Onchain Explorer | Technical primary source | Primary source | Ethereum Contract, Contract Creation Date, Deployment Boundary, Pre Launch Deployment, Contract Deployment Before Public Launch | Archive index or wildcard | High |
Known unknowns
Known unknowns and coverage
Missing or disputed facts remain visible instead of being converted into certainty.| Topic | What remains unclear | Value state | Priority | Last checked |
|---|---|---|---|---|
| Exact First Mint and Initial Distribution | The public Anchor and DOLA launch is fixed to 2021-02-25 and the Ethereum contract deployment to 2021-02-23, but the exact first DOLA mint transaction and initial distribution sequence are not normalized. | Unknown after review | Low | 2026-06-25 |
| Crosschain Deployment Map | DOLA is documented on Ethereum mainnet and L2s, but every canonical, bridged, and legacy deployment is not yet normalized. | Unknown after review | Medium | 2026-06-15 |
Exact First Mint and Initial Distribution
The public Anchor and DOLA launch is fixed to 2021-02-25 and the Ethereum contract deployment to 2021-02-23, but the exact first DOLA mint transaction and initial distribution sequence are not normalized.
- Value state
- Unknown after review
- Priority
- Low
- Last checked
- 2026-06-25
Crosschain Deployment Map
DOLA is documented on Ethereum mainnet and L2s, but every canonical, bridged, and legacy deployment is not yet normalized.
- Value state
- Unknown after review
- Priority
- Medium
- Last checked
- 2026-06-15
Lifecycle
History
Current classification remains separate from dated changes and incidents.Model and lifecycle changes
| Date | Event | Category | Subtype | Status effect | Recovery |
|---|---|---|---|---|---|
| — | DOLA supply centers on FiRM and the Peg Stability Module | Governance and protocol change | Protocol Model Update | Remained active | Not applicable |
| 2021-02-25 | Inverse Finance launches Anchor and DOLA | Launch and introduction | Launch | Remained active | Not applicable |
Related records and corrections
Corrections and further reading
Open connected records, methodology, machine-readable data, or report a correction.- All stablecoinsCompare this record with the rest of the archive.
- Inverse Finance DAODecentralized
- Event registry2 connected events recorded.
- MethodologyRead classification, evidence, and value-state rules.
- CorrectionsReport a source, relationship, or record problem.
- Data manifestInspect the machine-readable public layer.