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...
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...
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%
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WSTETH from Lido as new collateral-type in the Credit Lines
New pools on Satin Exchange
Collateral swap pending approval by Paraswap
https://twitter.com/Jarvis_Network/status/1640758784225148935
https://twitter.com/Jarvis_Network/status/1641490721999044608
We completed our refactoring to include more pairs as well as the collateral swap feature on Paraswap. It is now pending on team approval.
https://twitter.com/Jarvis_Network/status/1640255998525939712
https://twitter.com/Jarvis_Network/status/1642626824415989766
We fixed the issues found during our last round of tests for the LP Vault, and redeployed a new version on Fuji to conduct new tests.
We have updated and redeployed our subgraphs to track the LP Vault data and display them in the Liquidity Provision applications.
We started working on the module to mint veJARVIS from Velodrome pools.
We have updated the jarvis.money jarvis.exchange application to support Wallet Connect v2.
We have added the support for WSTETH on jarvis.money.
We have updated the Liquidity Provision application to support the Vault LP. We have still a bit of work there.
No new discussion.
No new proposal.
WSTETH from Lido as new collateral-type in the Credit Lines
New pools on Satin Exchange
Collateral swap pending approval by Paraswap
https://twitter.com/Jarvis_Network/status/1640758784225148935
https://twitter.com/Jarvis_Network/status/1641490721999044608
We completed our refactoring to include more pairs as well as the collateral swap feature on Paraswap. It is now pending on team approval.
https://twitter.com/Jarvis_Network/status/1640255998525939712
https://twitter.com/Jarvis_Network/status/1642626824415989766
We fixed the issues found during our last round of tests for the LP Vault, and redeployed a new version on Fuji to conduct new tests.
We have updated and redeployed our subgraphs to track the LP Vault data and display them in the Liquidity Provision applications.
We started working on the module to mint veJARVIS from Velodrome pools.
We have updated the jarvis.money jarvis.exchange application to support Wallet Connect v2.
We have added the support for WSTETH on jarvis.money.
We have updated the Liquidity Provision application to support the Vault LP. We have still a bit of work there.
No new discussion.
No new proposal.
No activity yet