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 in its last round of optimisation
Coming back of the yield with agEUR on Optimism and Arbitrum
New 2chf proposal on Balancer on Polygon
New jBRL-USDC CL pool on Thena on BNB Chain
New partnership with Chronos Exchange on Arbitrum
Sponsoring of the Brussels Blockchain Week
https://twitter.com/Jarvis_Network/status/1658071603110899712
https://twitter.com/Jarvis_Network/status/1659152991495094273
https://twitter.com/ThenaFi_/status/1659131941726060549
Chronos is a new ve3,3 on Arbitrum. As time passes, yield increase for loyal LP.
https://twitter.com/Jarvis_Network/status/1658498077857071110
https://twitter.com/ChronosFi_/status/1659206647347310597
Following the listing on Chronos, the community organised itself for the bribes, in order to increase the yield of the pool.
https://twitter.com/Jarvis_Network/status/1660364087451357184
Angle and Jarvis are both using their voting power, resulting in a high emission for the pool. It attracted $1M in its first week.
https://twitter.com/Jarvis_Network/status/1660386452155297793
We are sponsoring this new event that will reunite web3 builders with tradfi actors.
https://twitter.com/Jarvis_Network/status/1658778966004584449
With two new pools, the jEUR-agEUR on Chronos on Arbitrum, and two jBRL-USDC pools on Thena on BNB Chain, using their new concentrated liquidity module.
https://twitter.com/Jarvis_Network/status/1659103205437976576
We are almost done with the last optimisation of the code of the veJARVIS, before it can go to our internal peer review. The veJARVIS is a a voting token that can be minted from various staked or not staked LP tokens. This allows LPs to keep earning the underlying yield from the LP tokens while receiving the yield, boost and voting power of the veJARVIS.
We have started working on the Liquidity Provision pages allowing LP to join the Synthereum Liquidity Pools Vaults and Synthereum Liquidity Pools.
No new discussion.
No new vote.
veJARVIS in its last round of optimisation
Coming back of the yield with agEUR on Optimism and Arbitrum
New 2chf proposal on Balancer on Polygon
New jBRL-USDC CL pool on Thena on BNB Chain
New partnership with Chronos Exchange on Arbitrum
Sponsoring of the Brussels Blockchain Week
https://twitter.com/Jarvis_Network/status/1658071603110899712
https://twitter.com/Jarvis_Network/status/1659152991495094273
https://twitter.com/ThenaFi_/status/1659131941726060549
Chronos is a new ve3,3 on Arbitrum. As time passes, yield increase for loyal LP.
https://twitter.com/Jarvis_Network/status/1658498077857071110
https://twitter.com/ChronosFi_/status/1659206647347310597
Following the listing on Chronos, the community organised itself for the bribes, in order to increase the yield of the pool.
https://twitter.com/Jarvis_Network/status/1660364087451357184
Angle and Jarvis are both using their voting power, resulting in a high emission for the pool. It attracted $1M in its first week.
https://twitter.com/Jarvis_Network/status/1660386452155297793
We are sponsoring this new event that will reunite web3 builders with tradfi actors.
https://twitter.com/Jarvis_Network/status/1658778966004584449
With two new pools, the jEUR-agEUR on Chronos on Arbitrum, and two jBRL-USDC pools on Thena on BNB Chain, using their new concentrated liquidity module.
https://twitter.com/Jarvis_Network/status/1659103205437976576
We are almost done with the last optimisation of the code of the veJARVIS, before it can go to our internal peer review. The veJARVIS is a a voting token that can be minted from various staked or not staked LP tokens. This allows LPs to keep earning the underlying yield from the LP tokens while receiving the yield, boost and voting power of the veJARVIS.
We have started working on the Liquidity Provision pages allowing LP to join the Synthereum Liquidity Pools Vaults and Synthereum Liquidity Pools.
No new discussion.
No new vote.
No activity yet