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Chainlink and DOLA Everywhere

Patb
Patb

Head of Growth

DolaOracles

2 min

Cover Image for Chainlink and DOLA Everywhere

We’ve reached an important milestone for the DAO: Chainlink DOLA/USD price feeds are now live on Ethereum mainnet and Base. For many of us, this is more than just a price feed. It’s another vote of confidence in DOLA, one that unlocks new integrations, new markets, and new credibility for both DOLA and sDOLA.

Why a Chainlink Price Feed Matters

First, it’s not a secret that Chainlink is the market leader in oracle price feeds. And while other quality providers exist, Chainlink combines good technical reliability with a brand that become something of a proxy for reliability. Often, the availability of a Chainlink feed help tip the decision from “interesting” to “let’s integrate.”

Second, this feed has been a long time coming for Inverse. Chainlink requires sustained volume before supporting a stablecoin, and we’ve refused to game the system by manufacturing phantom DOLA volume. Instead, we’ve stayed focused on the fundamentals: maintaining DOLA’s peg since 2022 and growing real revenue through FiRM operations. With that groundwork in place, the feed is here — and our business development conversations with lending protocols, curators, and integrators will get easier.

DOLA, Borrowing, and the Role of Oracles

For DOLA as a borrow asset, a Chainlink oracle is helpful but not strictly necessary. We’ve always insisted that DOLA should be treated as a hard peg at $1 when used as a borrow asset. Historically, DOLA trades below peg more often than above, and any temporary rise above $1.00 is quickly resolved through new DOLA issuance on FiRM. From a borrower’s perspective, hardcoding makes sense.

But the reality is: many protocols won’t list a stablecoin without a trusted third-party oracle like Chainlink’s. With today’s launch, that box is checked.

sDOLA, Collateral, and Cross-Chain Growth

Where this feed really matters is sDOLA. When yield-bearing stables like sDOLA are used as collateral in lending markets, third-party price feeds are critical. Our prior reliance on Curve EMA oracles limited options. Chainlink helps to unlock those integrations — and not just on Ethereum.

We’re starting with Base and plan to expand to other high-potential L2s. sDOLA is one of the few decentralized, 100% organically-yielding stablecoins, and as it finds its way into  DAO treasuries or structured products like crypto ETF’s, Chainlink support makes it easier for curators and allocators to green-light exposure.

A Proxy for Credibility

It’s worth underscoring: Chainlink is more than infrastructure and is a kind of shorthand for reliability and signals to protocols and DAOs that a stablecoin has met minimum thresholds of liquidity, reliability, and seriousness.

For us, that credibility translates directly into growth opportunities for DOLA and sDOLA.

DOLA Everywhere

So: more places to loop. More places to collateralize. More reasons to hold.

While the first feeds are live on Ethereum mainnet and Base, the door is open for additional feeds across chains. That’s how we take DOLA Everywhere.

DOLA-USD oracle on Ethereum is deployed at 0xE33592594f72Cc7ec8a05788be8E8455746C3a32

and DOLA-USD oracle on Base is deployed at 0x4aEE0164400FE35B6b400F2d767A618Bcb96a02D


Patb
Patb

Head of Growth


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