Frequently Asked Questions

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

Personal Collateral Escrows ensure 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), assuming you have deposited enough collateral.

Thanks to this system you can get a fixed rate, borrow now or later, or resell the DBR at a profit if its market price increased.

Yes, but not a standard one: your DBR wallet balance will decrease over time when you have an open loan position.

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.

No, DBRs should stay in your wallet to pay the fee when you have a loan. Your DBR wallet balance will decrease only if you have a DOLA loan in FiRM.

DBRs are "spent" over time when you have a loan — the rate depends on your amount of debt. If you don't have a loan the balance does not decrease.

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: keep an eye on your DBR depletion date (shown on the markets page) and add it to your calendar so you don't forget to buy DBRs before that date.

DOLA is a debt-backed stablecoinsoft-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.