Summary

Inverse Finance has an opportunity with Badger DAO to add DOLA lending to Fuse Pool 22 as well as to allow DOLA holders to supply DOLA to the same pool to earn yield.

Background

Inverse is working with Badger DAO about collaboration around their Rari Fuse Pool 22 “Badger Pool”.

“Badger is a decentralized autonomous organization (DAO) focused on building the products and infrastructure necessary to accelerate the growth of Bitcoin in Decentralized Finance (DeFi) across multiple blockchains.

Specifically, it is an ecosystem where projects and people from across all DeFi can come together to collaborate and build different products. Shared ownership in the DAO incentivizes builders to have aligned objectives. Whilst decentralized governance ensures that those incentives remain fair to all parties and that the projects pursued are determined by the community.”

Today, stablecoin borrowing options on Fuse Pool 22 include USDC, FEI, and DAI while collateral/supply options include those plus BADGER, DIGG, and ibBTC.

Collateral factors for all collateral range from 50% to 65%.

Admin Contract: 0xB65cef03b9B89f99517643226d76e286ee999e77

Liquidation Incentive: 15%

More on BadgerDAO here https://app.badger.com/

Link to Inverse DAO Forum post including due diligence report from Inverse Risk Mgmt team: https://tinyurl.com/3utuwk23

Proposal

Whitelist DOLA Fed contract for Fuse Pool 22 as a DOLA minter