What is Inverse USD (INVUSD)?
invUSD is a USD-pegged stablecoin developed within the Monolith infrastructure framework by Inverse Finance. The token is designed for use within decentralised finance applications including lending markets, decentralised exchanges, liquidity pools, collateralisation systems, treasury operations, and other Ethereum-compatible financial applications. Monolith provides the infrastructure supporting invUSD and related stablecoin systems through smart contract-based architecture intended for integration across the broader decentralised finance ecosystem.
How does Inverse USD work?
invUSD is a USD-pegged stablecoin launched through Monolith, a permissionless stablecoin-as-a-service protocol developed within the Inverse Finance ecosystem. Monolith allows anyone to deploy an over-collateralized and immutable stablecoin on Ethereum using standardised smart contract infrastructure designed for decentralised finance applications.