Floki Inu Deposits on Inverse Finance Break $44M Within Hours


Inverse Finance allows users to get token loans by supplying tokens to the protocol as collateral. The newly-launched floki pool has a collateral factor of 50% as of Wednesday, which means users can take 50% of the value of their staked floki inu tokens in the form of DOLA, a stablecoin issued by Inverse Finance pegged on a one-to-one basis with the U.S. dollar, or other tokens.

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