FiRM is a new Fixed-Rate Market for borrowing DOLA using DBR tokens and it is focused on simplicity and safety.

All markets are isolated and collaterals cannot be borrowed by others.

FiRM has a high score of 87% on DefiSafety and has several unique safety features.

Personal Collateral Escrows ensures that deposits are not only isolated per collateral but also per user.

Other safety features: flash loan protection, daily borrowing limits and Pessimistic Price Oracles.

Audited by Code4arena and Nomoi.

DBR are borrowing credits you can buy and sell at a market price, they are consumed at a constant rate according to your loan size if any.

DBR stands for DOLA Borrowing Rights, in technical terms it's an ERC20 token, used as tokenized interest.

One DBR gives the right to borrow one DOLA for one year (or 2 DOLA for 6 months etc). This is assuming you have deposited enough collateral.

Thanks to this system, you can get a fixed-rate, borrow now or later, or resell it at a profit if DBR market priced increased.

DOLA is a debt-backed stablecoin that is soft-pegged to the US Dollar, ensuring minimal volatility and a value close to $1. Contrary to algorithmic stablecoins, DOLA's value is backed by retractable debt.

There are multiple ways to get DBR: by simply buying it on DEXes, by staking INV and getting DBR rewards, by buying it from DBR auctions or via the auto-buy DBR feature when borrowing.

In case of a DBR deficit and an active loan, your DBR balance can be force recharged by someone through a costly process called replenishment, which uses a premium price for DBR.

This cost is added to your debt, which can result in liquidations if not taken care of.

Tip: use the FiRM DBR reminder feature and add the DBR depletion date to your calendar to ensure that you do not forget to buy DBRs before that date.

Yes borrowing DOLA with INV is possible when there's liquidity in the INV market.

When staking INV on FiRM you are protected against dilution and you earn real yield via DBR streaming, the real yield you get is directly linked to FiRM's success as the yearly rewards will increase when borrowing demand increases.