According to TechFlow, the interest rate swap agreement IPOR USDM pool is now available on Arbitrum. In addition to the 5% APR income, the LP pool will also provide an additional 50,000 ARB rewards. In addition, pwIPOR holders can also obtain higher ARB income. USDM is a yield-based stablecoin issued by Mountain Protocol.

It is reported that the IPOR infrastructure consists of three main parts: the IPOR Index (Index), a liquidity pool with an automated market maker (AMM), and an asset management smart contract, which aims to help users speculate and hedge on DeFi interest rates, earn stablecoin returns and obtain retroactive rewards.