Inverse.Finance (INV)

Basics

• Based in:
• Started in / Announced on:
• Mainnet release:

History

• From Daily Gwei (3-3-2021):

"The INV tokens were initially distributed in an airdrop and have not been transferable (and therefore not tradable) ever since that airdrop. This was done because the founding team/community wanted to encourage people to actually participate in governance using their tokens - not just simply hold them for speculative reasons. The DAO even went as far as to seize tokens from holders who hadn’t used them to vote in any of the governance proposals. The funny thing is that there was ample warning that this was going to happen and then when it did happen, people who had their tokens seized rushed to the community channels to air their grievances.

Now, there have been multiple governance proposals to make the INV token tradable in the past but all of them had been voted against - until today (as you can see in the tweet above). In less than 48 hours, the token will be able to be moved for the first time since its creation which I’m assuming will lead to some fireworks. As far as I know, this is the first (or at least the most high profile) instance of a token being “launched” in this way so it’ll be fun to watch play out."

Technology

• Whitepaper can be found [insert here].
• Code can be viewed [insert here].

Implementations

• Built on:
• Programming language used:

Transaction Details

• Capacity (TPS):
• Latency:

Governance

Admin Keys

• From DeFi Safety (10-6-2021):

"Information around upgradability: a) some info give can change variables are they upgradeable? - 10%. b) They say they have an admin key - 20% c) Virtually no info - 0% Score 30%. Pause control not documented or explained"

Roadmap

• Can be found [Insert link here].

Audits

• There is no evident bug bounty program (10-6-2021).
• Got a score of 47% on DeFi Safety (10-6-2021): "No audits of Inverse Finance were performed. Information around upgradability: a) some info give can change variables are they upgradeable? - 10%. b) They say they have an admin key - 20% c) Virtually no info - 0% Score 30%. Pause control not documented or explained" With the comment: "No tests, no software docs and no audit yet.  Trist is built on transparency and they don't have much to see."

Team, Funding, Partnerships, etc.

Team

• Full team can be found [here].

(:

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