Joint Medium post from the teams at Ola Finance, Voltage and Fuse. In this joint blog post we aim to provide a complete overview of events concerning the very unfortunate exploit which took place on 31st March leading to the theft of over $4 million and plans to make amends…

In light of the recent exploit, the Ola team is rolling out a platform-wide security revamp to safeguard all of our partners’ lending networks and allow for continued growth. We are taking immediate action by implementing a few security measures to reduce the impact of potential attacks. In this article…

To the Ola Community and Our Valued Partners: We want to express our appreciation towards our strong and loyal community for reacting swiftly in bringing the Voltage lending network exploit to our attention. Most importantly, we would like to thank our partners for diligently assisting us in providing timely and factual information to the Fuse community. As communicated…

Through inclusion in Boba’s WAGMI v1 Incentive Program, lenders and borrowers participating in the OolongSwap lending network can earn WAGMI Options via the Rainmaker program. The WAGMI Program supports the growth of the Boba Network by allowing builders to attract additional users through incentives known as ‘WAGMI Options’. Each WAGMI…

Today, winSPIRIT holders earn their share of SpiritSwap protocol fees but they don’t receive any of the benefits from the voting power they must sacrifice. In response, Ola launched rainSPIRIT: the new winSPIRIT mechanism that returns both the protocol fees AND the hidden value within the voting power. RainSPIRIT is…

After much hard work, we are thrilled to announce our debut launch on Boba Network with our partners OolongSwap, the largest DEX on Boba. This launch signals Ola’s first deployment on a Layer 2 network and has received the support of Boba’s team through their WAGMI incentive program. Meet OolongSwap OolongSwap is…

Ola Finance is revolutionizing the Spirit Wars with rainSPIRIT — the only winSPIRIT fork that returns not only rewards but also voting power to its holders. The normal winSpirit offering is quite straightforward: enjoy inSPIRIT rewards without the cost of locking SPIRIT for a long period of time. But what…

Through close work with the Frax team, Ola is excited to announce the launch of the Frax Lending Network on Moonbeam. The Frax Lending Network will deepen their integration with Moonbeam by providing additional functionality for users who mint FRAX tokens natively on Moonbeam. Meet Frax Frax is the first fractional-algorithmic stablecoin…