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DOLA Borrowing On Harvest Finance Fuse Pool 24 Now Available

Patb
Patb

Head of Growth

Dola

3 min

Cover Image for DOLA Borrowing On Harvest Finance Fuse Pool 24 Now Available

More DOLA + Awesome Collateral

We are delighted to announce that Inverse Finance is opening a DOLA lending facility with Harvest Finance on Rari Fuse Pool 24. Investors who hold assets like FARM, iFARM, and RGT can now borrow DOLA against these assets at interest rates that are significantly below those of competing stablecoins.

The addition of DOLA to Fuse Pool 24 is our first effort with the team at Harvest and it reflects our continued efforts to boost DOLA usage and to bring new value to lending protocols everywhere. This collaboration with Harvest builds on our already-successful efforts with @Tetranode on Fuse Pool 6, BadgerDAO on Fuse Pool 22, and 0xB1 with Fuse Pool 127.

How to Borrow DOLA on Fuse Pool 24

  1. Visit Rari Fuse Pool 24 and deposit collateral or enable borrowing on collateral you’ve already deposited.

  2. Find DOLA in the list of available currencies.

  3. Initiate Your DOLA Loan. Based on the loan-to-value (LTV) of the asset being used as collateral, you’ll be prompted to indicate the amount of DOLA you wish to borrow.

  4. Implement your DeFi Strategy Using DOLA

    1. Swap DOLA for other assets

    2. Stake DOLA for rewards on Rari Fuse Pool 24

    3. Buy more of your collateral, deposit and repeat to leverage long

    4. Bond to get INV at a discount

    5. Deposit DOLA in curve DOLA-3Pool

    6. Bridge to Fantom and earn even higher yield on Yearn, Beefy, and Tetu

Now What?

Visit Rari Fuse Pool 24 and try it out now, join the Inverse Finance Discord server and check out our fast growing community, or follow us on Twitter.

About Harvest

Harvest is an asset management platform that maximizes yield for assets deposited by users. Harvest reduces gas costs and develops cutting-edge strategies to become the stop-shop of yield farming in DeFi.

This article is for informational purposes only. It should not be considered Financial or Legal Advice. Not all information may be accurate. Consult a financial professional before making any financial decisions.


Patb
Patb

Head of Growth


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