Stable and liquid synthetic fiat currencies powered by an on-chain Forex market. DeFi overtaking TradFi: 0% 🟩🟩🟩🟩🟩🟩⬛⬛⬛ 100%
Jarvis Network 🧪🦇🔊Removing, and looking past the bad debt
Last week, an attacker exploited Midas Capital on Polygon and stole 368k jEUR, 237k jCHF, and 45k jGBP (see the details), leaving Synthereum with a bad debt. We have developed a plan to address this issue by diluting, acquiring, and repaying the bad debt.TLDR:The protocol has inherited a bad debt of 368k jEUR, 237k jCHF, and 45k jGBP on Polygon (other jFIATs and other networks are not impacted).Jarvis Network and Jarvis LTD will commit funds and allocate a portion of their revenue towards acq...
![Cover image for Jarvis bi-weekly issue [13]](https://img.paragraph.com/cdn-cgi/image/format=auto,width=3840,quality=85/https://storage.googleapis.com/papyrus_images/ad26de7c2ce5f2d2e7c79707c7e509308dce76894564d3102f598b83010101ea.jpg)
Jarvis Network 🧪🦇🔊Jarvis bi-weekly issue [13]
⏩ TLDRJuicy USDC yield for LPsSmall Cascade Protocol “overview”Building a position on QUOLLNew discussion to seed Morpho markets.New discussion to optimize the treasury.🗞️ Quick newsJuicy USDC yield for LPshttps://x.com/Jarvis_Network/status/1848764877172543574Some updates from the Cascade Protocolhttps://x.com/CascadeProtocol/status/1851997162562801763Jarvis LTD building a position in QUOLLhttps://x.com/Jarvis_Network/status/1852018498249118010🧪 ProtocolWe have finished updating all the LP...
![Cover image for Jarvis bi-weekly issue [6]](https://img.paragraph.com/cdn-cgi/image/format=auto,width=3840,quality=85/https://storage.googleapis.com/papyrus_images/a77f2376630e9d175d1faa7aea2b745ed8af8d7fb8d0dbb324a7ca9dd0408681.jpg)
Jarvis Network 🧪🦇🔊Jarvis bi-weekly issue [6]
⏩ TLDRstJARVIS updated.Cascade Protocol infrastructure.🗞️ Quick newsYield this weekhttps://twitter.com/Jarvis_Network/status/1758490188647424098🧪 ProtocolWe have completed the upgrade of the stJARVIS/veJARVIS code to solve one issue with some liquidity pools like Balancer. The code has already been reviewed and tested.We have now completely shifted our ressources towards Cascade Protocol. The infrastructure to support the MVP is currently being developped.📱 ApplicationWe have started worki...
Jarvis Network 🧪🦇🔊Removing, and looking past the bad debt
Last week, an attacker exploited Midas Capital on Polygon and stole 368k jEUR, 237k jCHF, and 45k jGBP (see the details), leaving Synthereum with a bad debt. We have developed a plan to address this issue by diluting, acquiring, and repaying the bad debt.TLDR:The protocol has inherited a bad debt of 368k jEUR, 237k jCHF, and 45k jGBP on Polygon (other jFIATs and other networks are not impacted).Jarvis Network and Jarvis LTD will commit funds and allocate a portion of their revenue towards acq...
Jarvis Network 🧪🦇🔊Jarvis bi-weekly issue [13]
⏩ TLDRJuicy USDC yield for LPsSmall Cascade Protocol “overview”Building a position on QUOLLNew discussion to seed Morpho markets.New discussion to optimize the treasury.🗞️ Quick newsJuicy USDC yield for LPshttps://x.com/Jarvis_Network/status/1848764877172543574Some updates from the Cascade Protocolhttps://x.com/CascadeProtocol/status/1851997162562801763Jarvis LTD building a position in QUOLLhttps://x.com/Jarvis_Network/status/1852018498249118010🧪 ProtocolWe have finished updating all the LP...
Jarvis Network 🧪🦇🔊Jarvis bi-weekly issue [6]
⏩ TLDRstJARVIS updated.Cascade Protocol infrastructure.🗞️ Quick newsYield this weekhttps://twitter.com/Jarvis_Network/status/1758490188647424098🧪 ProtocolWe have completed the upgrade of the stJARVIS/veJARVIS code to solve one issue with some liquidity pools like Balancer. The code has already been reviewed and tested.We have now completely shifted our ressources towards Cascade Protocol. The infrastructure to support the MVP is currently being developped.📱 ApplicationWe have started worki...
Stable and liquid synthetic fiat currencies powered by an on-chain Forex market. DeFi overtaking TradFi: 0% 🟩🟩🟩🟩🟩🟩⬛⬛⬛ 100%
Subscribe to Jarvis Network 🧪🦇🔊
Subscribe to Jarvis Network 🧪🦇🔊
Share Dialog
Share Dialog
<100 subscribers
<100 subscribers
New collateral-type for the Credit Line
Two new Beefy vault on Optimism and Arbitrum
JRT bridged on Optimism
JRT-ETH pool seeded on Velodrome
Harvest team contributes to the bad debt repayment
Live: how to farm with Jarvis?
https://twitter.com/Jarvis_Network/status/1631285101689544704
https://twitter.com/Jarvis_Network/status/1631436291651911682
Unfortunately, Mimo Labs missed the last round of votes on Aura, resulting in having no vote, and therefore no BAL emission, for the jEUR-PAR pool.
For the next two weeks, there will not be yield on Balancer, and LPs are invited to deposit their LP token into the jEUR-PAR Beefy vault to keep earning yield (paid in MIMO).
https://twitter.com/Jarvis_Network/status/1631314568147288064
Beefy launched the Velodrome jEUR-MAI vault on Optimsim and SolidLizard JRT-ETH vault on Arbitrum.
https://twitter.com/Jarvis_Network/status/1632068574356406272
https://twitter.com/Jarvis_Network/status/1632305699761053696
https://twitter.com/Jarvis_Network/status/1630164917805252609
https://twitter.com/Jarvis_Network/status/1631940040291958787
https://twitter.com/Jarvis_Network/status/1631983083745419265
https://twitter.com/Jarvis_Network/status/1631783797568987137
https://twitter.com/Jarvis_Network/status/1631424592177709059
The Credit Line v2 TVL has been added to our DeFillama page.
jFIATs have now been fully integrated into Zerion Wallet.
We deployed new collateral-type for the Credit Line v2 on Polygon, such as MATIC, WBTC, and various jFIATs.
We deployed the LP Vault on the Fuji testnet to conduct our live tests.
We faced a few challenges with our new veJARVIS model, that we decided to solve by adopting a “vault” system: each user will have their own vault from where the veJARVIS will be minted; it requires a bit of refactoring and we are aiming at finishing these modifications this week, before conducting all the tests.
We fixed an issue related to the atomic swap integration, that prevented users to swap collateral with each other.
We deployed the DEX on IPFS at exchange.jarvis.eth.limo.
We started the integration of the new collateral-types on Polygon and will update the application once all the new collaterals have been added.
We fixed several bugs related to the addition of the new pools.
p83: we re-open the discussion to increase the liquidity on secondary market to borrow jBRL on BNB Chain.
No new proposal.
New collateral-type for the Credit Line
Two new Beefy vault on Optimism and Arbitrum
JRT bridged on Optimism
JRT-ETH pool seeded on Velodrome
Harvest team contributes to the bad debt repayment
Live: how to farm with Jarvis?
https://twitter.com/Jarvis_Network/status/1631285101689544704
https://twitter.com/Jarvis_Network/status/1631436291651911682
Unfortunately, Mimo Labs missed the last round of votes on Aura, resulting in having no vote, and therefore no BAL emission, for the jEUR-PAR pool.
For the next two weeks, there will not be yield on Balancer, and LPs are invited to deposit their LP token into the jEUR-PAR Beefy vault to keep earning yield (paid in MIMO).
https://twitter.com/Jarvis_Network/status/1631314568147288064
Beefy launched the Velodrome jEUR-MAI vault on Optimsim and SolidLizard JRT-ETH vault on Arbitrum.
https://twitter.com/Jarvis_Network/status/1632068574356406272
https://twitter.com/Jarvis_Network/status/1632305699761053696
https://twitter.com/Jarvis_Network/status/1630164917805252609
https://twitter.com/Jarvis_Network/status/1631940040291958787
https://twitter.com/Jarvis_Network/status/1631983083745419265
https://twitter.com/Jarvis_Network/status/1631783797568987137
https://twitter.com/Jarvis_Network/status/1631424592177709059
The Credit Line v2 TVL has been added to our DeFillama page.
jFIATs have now been fully integrated into Zerion Wallet.
We deployed new collateral-type for the Credit Line v2 on Polygon, such as MATIC, WBTC, and various jFIATs.
We deployed the LP Vault on the Fuji testnet to conduct our live tests.
We faced a few challenges with our new veJARVIS model, that we decided to solve by adopting a “vault” system: each user will have their own vault from where the veJARVIS will be minted; it requires a bit of refactoring and we are aiming at finishing these modifications this week, before conducting all the tests.
We fixed an issue related to the atomic swap integration, that prevented users to swap collateral with each other.
We deployed the DEX on IPFS at exchange.jarvis.eth.limo.
We started the integration of the new collateral-types on Polygon and will update the application once all the new collaterals have been added.
We fixed several bugs related to the addition of the new pools.
p83: we re-open the discussion to increase the liquidity on secondary market to borrow jBRL on BNB Chain.
No new proposal.
No activity yet