Junior tranche
jrDOLA
Earn a boosted yield for standing in the junior tranche, the first-loss layer of DOLA.
Junior Tranche & jrDOLA
The Junior Tranche adds a dedicated risk-absorbing layer by concentrating first-loss risk into jrDOLA, it makes senior sDOLA safer and DOLA more resilient while rewarding junior depositors with a higher yield for the risk they take on.
First-loss layer for DOLA
jrDOLA is the junior tranche of the DOLA savings system. It stands first in line to absorb any bad debt, shielding senior sDOLA holders and reinforcing DOLA's stability.
Boosted, real yield
In exchange for taking on that first-loss risk, jrDOLA depositors earn an additional yield on top of the underlying sDOLA APY.
Yield-bearing vault
jrDOLA is yield-bearing vault whose exchange rate rises as revenue accrues but conntrary to sDOLA it has a withdrawal queue.
Audited before launch
The Junior Tranche contracts were audited and contest-reviewed by Sherlock in 2025, see the reports in the Security page.
Junior means first-loss
jrDOLA is designed to absorb losses before sDOLA. The boosted yield comes with higher risk and a withdrawal queue, make sure you understand the mechanism before depositing.
Stake jrDOLAStake DOLA or sDOLA into jrDOLA to earn a boosted yield. Staking is instant; unstaking is a queued withdrawal that returns sDOLA.