Borrowing Credits
Manage your DBR
DBR (DOLA Borrowing Rights) is how FiRM fixes your borrow rate, you can see it as tokenized borrowing credits for DOLA. Track your runway, understand the mechanics, and top up your DBR with any token.
What is DBR?
DBR is how FiRM keeps your borrow rate fixed. Here's the mental model.
DOLA Borrowing Rights are pre-paid interest. Holding one DBR lets you borrow one DOLA for a year at a fixed cost, no variable-rate surprises.
While you carry debt, DBR is spent continuously in proportion to it. Borrow 1,000 DOLA and you burn ~1,000 DBR per year (~2.74/day).
Your DBR balance divided by your burn rate is how long your rate stays locked. Top it up any time to extend that runway.
If DBR runs out your balance goes negative (a deficit) and anyone can replenish it for you at a premium added to your debt. Keep a buffer.
DBR calculators
Borrowing 10.00k DOLA for 365 day(s) burns 10.00k DBR. Acquire at least that much (plus a buffer) to keep your rate fixed the whole time.
Get DBR
DBR