Inverse is building a suite of DeFi tools, including Anchor and DOLA. Anchor is a money-market smart-contract protocol, similar to Maker, Compound, and Synthetix. It facilitates capital-efficient lending and borrowing via the issuance of synthetic tokens (e.g., DOLA) and/or tokens deposited into Anchor (e.g., borrowing tokens such as ETH). The first synthetic asset issued through Anchor is DOLA, a debt-based USD stablecoin. It can also be used as collateral within the Anchor protocol to achieve high capital efficiency, leverage, and native yield.