Inverse finance (INV Coin) is a protocol that offers passive harmless investment in any token by following the Dollar-Cost Averaging strategy using stablecoin yield. Inverse finance (INV Coin) is a protocol that offers passive harmless investment in any token by following the Dollar-Cost Averaging strategy using stablecoin yield. The INV token gives voting power on the Inverse Dao. Information about some topics that what is Inverse Finance (INV) coin, how does it work, how to buy it, on which exchange, how much is it, etc. is in continuation of the article. You can browse here for information about CREAM Finance coin.
What is Inverse Finance (INV) coin and how does it work?
Inverse Finance (INV Coin) was created by a single developer in December 2020 and has since grown to include hundreds of active DAO members voting for the direction of the organization. INV Coin is a suite of permissionless decentralized financial tools that allow users to earn returns on their tokenized assets managed by the decentralized autonomous organization Inverse DAO.
The INV token gives voting power on the Inverse Dao. Therefore, INV token holders can directly control a number of important parameters and aspects of Reverse treasury and products.
INV token purpose!
Its vision is to build one of DeFi’s largest financial ecosystems and provide users of all levels with inclusive access to meaningful opportunities spanning a variety of innovative, DAO proprietary protocols, all managed by an empowered INV community.
News about the INV token!
Inverse Finance, the decentralized DeFi protocol focused on lending, was hacked at the beginning of last April. He lost $15 million as a result of the attack.
The team admitted that the attack was made in the tweet it sent. and that they are trying to rectify the situation. It was stated that the lost funds were in ETH, WBTC and DAI. Working according to other blockchain data, some of the ETH assets were sent to Tornado Cash, a mixer operating on the Ethereum network, within an hour.
Which exchange is INV coin on?
Inverse Finance coin is listed on some cryptocurrency exchanges such as MEXC, Huobi Global, Gate.io, Coinbase Exchange, Hoo, etc.
How to buy INV coins?
Inverse Finance coin can be purchased from listed cryptocurrency exchanges, like mentioned above. However, before trading, it is necessary to make sure that the exchange and the crypto project are “RELIABLE”. It is so important point for investors.
INV coin supply!
Total supply of Inverse Finance coin is 140.000 INV.
INV coin price!
As of June 7, 2022, at the time of the writing, 1 Inverse Finance coin price is around $95,01 (because of the volatility the price can change instantly).
Caution: The information contained in this content is for general informational purposes only. It is not investment advice.
For information about cryptocurrency: https://en.wikipedia.org/wiki/Cryptocurrency