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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veJARVIS minted from various LP tokens
EUROe-jEUR pool on Ramses on Arbitrum
New trading competition with Mean Finance using jBRL
Univ3 style pool enables deeper liquidity on secondary markets, which is a condition sine qua none to grow the liquidity of our stablecoins. Until now, there was no way to incentivize Univ3 pools apart from using our own token.
https://twitter.com/Jarvis_Network/status/1652570060760686593
https://twitter.com/Jarvis_Network/status/1651138009461391363
https://twitter.com/Jarvis_Network/status/1651174016537841665
https://twitter.com/Jarvis_Network/status/1651537170665209860
https://twitter.com/Jarvis_Network/status/1650558448629628929
https://twitter.com/Jarvis_Network/status/1650394225626816513
https://twitter.com/Jarvis_Network/status/1650478250626260992
https://twitter.com/Jarvis_Network/status/1651573844451229705
We completed the refactoring of the st/veJARVIS contracts allowing for minting veJARVIS from Velodrome, Balancer, and Ellipsis LP tokens. All the tests but the one for Balancer are done.
We have completed the infrastructure of the main app and started to implement UI elements.
We have completed the backend of the Credit Line monitor tool that will be used to display all the loans and their current health status in the main app. The backend can also be used to run liquidation bots.
No new discussion.
No new vote.
veJARVIS minted from various LP tokens
EUROe-jEUR pool on Ramses on Arbitrum
New trading competition with Mean Finance using jBRL
Univ3 style pool enables deeper liquidity on secondary markets, which is a condition sine qua none to grow the liquidity of our stablecoins. Until now, there was no way to incentivize Univ3 pools apart from using our own token.
https://twitter.com/Jarvis_Network/status/1652570060760686593
https://twitter.com/Jarvis_Network/status/1651138009461391363
https://twitter.com/Jarvis_Network/status/1651174016537841665
https://twitter.com/Jarvis_Network/status/1651537170665209860
https://twitter.com/Jarvis_Network/status/1650558448629628929
https://twitter.com/Jarvis_Network/status/1650394225626816513
https://twitter.com/Jarvis_Network/status/1650478250626260992
https://twitter.com/Jarvis_Network/status/1651573844451229705
We completed the refactoring of the st/veJARVIS contracts allowing for minting veJARVIS from Velodrome, Balancer, and Ellipsis LP tokens. All the tests but the one for Balancer are done.
We have completed the infrastructure of the main app and started to implement UI elements.
We have completed the backend of the Credit Line monitor tool that will be used to display all the loans and their current health status in the main app. The backend can also be used to run liquidation bots.
No new discussion.
No new vote.
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