Stable and liquid synthetic fiat currencies powered by an on-chain Forex market. DeFi overtaking TradFi: 0% π©π©π©π©π©π©β¬β¬β¬ 100%
Stable and liquid synthetic fiat currencies powered by an on-chain Forex market. DeFi overtaking TradFi: 0% π©π©π©π©π©π©β¬β¬β¬ 100%

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 bi-weekly issue [13]
β© TLDRJuicy USDC yield for LPsSmall Cascade Protocol βoverviewβBuilding a position on QUOLLNew discussion to seed Morpho markets.New discussion to optimize the treasury.ποΈ 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/1852018498249118010π§ͺ 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 bi-weekly issue [6]
β© TLDRstJARVIS updated.Cascade Protocol infrastructure.ποΈ Quick newsYield this weekhttps://twitter.com/Jarvis_Network/status/1758490188647424098π§ͺ 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.π± ApplicationWe have started worki...

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 bi-weekly issue [13]
β© TLDRJuicy USDC yield for LPsSmall Cascade Protocol βoverviewβBuilding a position on QUOLLNew discussion to seed Morpho markets.New discussion to optimize the treasury.ποΈ 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/1852018498249118010π§ͺ 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 bi-weekly issue [6]
β© TLDRstJARVIS updated.Cascade Protocol infrastructure.ποΈ Quick newsYield this weekhttps://twitter.com/Jarvis_Network/status/1758490188647424098π§ͺ 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.π± ApplicationWe have started worki...

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JRT supported on all our networks through Multichain
The efficiency of our Euro β Real remittance corridor on Polygon
New partnership with Libra Exchange on Arbitrum
https://twitter.com/Jarvis_Network/status/1643221084781641728
https://twitter.com/Jarvis_Network/status/1644081124161847296
Cheapest Euro on-ramp solution on Polygon!
https://twitter.com/Jarvis_Network/status/1643232415047901184
https://twitter.com/LibraExchange/status/1644688270981472261
https://twitter.com/Jarvis_Network/status/1644071203462586369
We have completed the code for minting veJARVIS through Velodrome JRT-ETH LP token, and are now working on the tests.
We are still testing the Vault LP system on the Fuji Testnet.
Last week we mainly worked on cleaning some technical debt on our repository.
We have completed the addition of the LP Vault to the Liquidity dashboard.

We are working on our new main and only app that will regroup everything related to the protocol, as well as a freshly revamped design.

No new discussion.
No new vote.
JRT supported on all our networks through Multichain
The efficiency of our Euro β Real remittance corridor on Polygon
New partnership with Libra Exchange on Arbitrum
https://twitter.com/Jarvis_Network/status/1643221084781641728
https://twitter.com/Jarvis_Network/status/1644081124161847296
Cheapest Euro on-ramp solution on Polygon!
https://twitter.com/Jarvis_Network/status/1643232415047901184
https://twitter.com/LibraExchange/status/1644688270981472261
https://twitter.com/Jarvis_Network/status/1644071203462586369
We have completed the code for minting veJARVIS through Velodrome JRT-ETH LP token, and are now working on the tests.
We are still testing the Vault LP system on the Fuji Testnet.
Last week we mainly worked on cleaning some technical debt on our repository.
We have completed the addition of the LP Vault to the Liquidity dashboard.

We are working on our new main and only app that will regroup everything related to the protocol, as well as a freshly revamped design.

No new discussion.
No new vote.
No activity yet