# Jarvis week #53

By [Jarvis Network 🧪🦇🔊](https://paragraph.com/@jarvis-network) · 2023-02-20

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⏩ TLDR
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*   Jarvis Exchange on Arbitrum
    
*   Partnership with SolidLizard
    
*   $100k of voting power acquired by the treasury
    
*   First liquidation of a Credit Line loan
    
*   Deployment of Credit Line on BNB Chain and Optimism
    
*   Beginning of the yield on Thena
    

🗞️ Quick news
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### First steps on Arbitrum

Last week, we launched our DEX on Arbitrum, with two pairs: jEUR-USDC and jUSD-WETH.

[https://twitter.com/Jarvis\_Network/status/1625204157383643138](https://twitter.com/Jarvis_Network/status/1625204157383643138)

We then partnered with SolidLizard to bootstrap the liquidity, and launch a JRT-ETH, agEUR-jEUR, WETH-jEUR and EURS-jEUR.

[https://twitter.com/Jarvis\_Network/status/1626953969418358784](https://twitter.com/Jarvis_Network/status/1626953969418358784)

And seeded the liquidity.

[https://twitter.com/Jarvis\_Network/status/1627398690125107201](https://twitter.com/Jarvis_Network/status/1627398690125107201)

### First liquidation of the Credit Line

We purposely took a risky loan and patiently waited to be “liquidatable” to try our first liquidation on the Polygon mainnet.

[https://twitter.com/pscltllrd/status/1625518796151586823](https://twitter.com/pscltllrd/status/1625518796151586823)

### Acquisition of voting power

Executing the proposal p77

[https://twitter.com/Jarvis\_Network/status/1625889070558633985](https://twitter.com/Jarvis_Network/status/1625889070558633985)

### DCA trading competition with Mean Finance

Jarvis\_MXN launches a DCA trading competition with Mean Finance in Mexico.

[https://twitter.com/Jarvis\_MXN/status/1625025387494506496](https://twitter.com/Jarvis_MXN/status/1625025387494506496)

### Assetux on-ramp solution added jFIATs support

[https://twitter.com/assetux/status/1626563090442510340](https://twitter.com/assetux/status/1626563090442510340)

### Value delivered by jFIATs integrations:

The 2eur (PAR) pool has increased the liquidity of PAR.

[https://twitter.com/Jarvis\_Network/status/1625265712104194048](https://twitter.com/Jarvis_Network/status/1625265712104194048)

The EURe Wrapper allows to access the on-chain liquidity from a bank in a few seconds.

[https://twitter.com/Jarvis\_Network/status/1625087390480990211](https://twitter.com/Jarvis_Network/status/1625087390480990211)

It also allows going from any token to loading a Wirex VISA card in Euros…

[https://twitter.com/Jarvis\_Network/status/1625087081528668161](https://twitter.com/Jarvis_Network/status/1625087081528668161)

### Yield

[https://twitter.com/Jarvis\_Network/status/1626204256461115395](https://twitter.com/Jarvis_Network/status/1626204256461115395)

[https://twitter.com/Jarvis\_Network/status/1626204425206353922](https://twitter.com/Jarvis_Network/status/1626204425206353922)

[https://twitter.com/Jarvis\_Network/status/1626204631708598278](https://twitter.com/Jarvis_Network/status/1626204631708598278)

[https://twitter.com/Jarvis\_Network/status/1626204772012290049](https://twitter.com/Jarvis_Network/status/1626204772012290049)

🧪 Protocol
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*   We have reviewed, tested, and deployed the Credit Line v2 on Optimism and BNB Chain, with the following pairs: USDC-jEUR on Optimism, and BUSD-jBRL and BUSD-jCHF on BNB Chain.
    
*   We have completed the internal review post-audit of the LP Vault; we have found two low-severity issues, and are addressing our findings now.
    

📱 Applications
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### Jarvis Exchange

*   We added the support of Arbitrum on Jarvis Exchange.
    
*   We added the support of Arbitrum and Optimism on the liquidity management dashboard.
    

### Jarvis Money

*   We have worked on the borrowing application to utilize the Credit Line contracts, on Polygon, Optimism, and BNB Chain. The Polygon application is completed and fully tested.
    

🗳️ Governance
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### Discussions

*   [p85](https://vote.jarvis.network/#/proposal/0x3b843a7d1e73839ec23ad94355cf40ad7b2ffddfaa3cdc3d095a4cf8d4d71cd8): this discussion is about increasing the virtual liquidity of the USDC-jEUR pools on Polygon and Optimism.
    
*   p79: this discussion is about using the Printer to seed liquidity for jFIATs in the Multichain bridges.
    

### Proposals

*   [p77](https://vote.jarvis.network/#/proposal/0xa19474d66e74371f9226a15140dc2478c18547e9b544fc54b46d086e1e81919a): the governance approved the purchase and the lock of $60K TETU, $30K VELO and $10K THE to acquire voting power on Balancer, Velodrome and Thena.

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*Originally published on [Jarvis Network 🧪🦇🔊](https://paragraph.com/@jarvis-network/jarvis-week-53)*