
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...
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...
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%
Share Dialog
Share Dialog

Subscribe to Jarvis Network π§ͺπ¦π

Subscribe to Jarvis Network π§ͺπ¦π
jCHF Credit Lines on Polygon
2eur Aura pool on Harvest
New charting library for jarvis.money
https://twitter.com/Jarvis_Network/status/1709220723594514551
https://twitter.com/harvest_finance/status/1709185985408274784
Since a few weeks, we have started to recycle the bribes on multiple protocols. One example on Retro where every week, the treasury collects bribes and recycle them into new bribes to feed the flywheel.
https://twitter.com/Retro_finance/status/1708754847930163203
We are still working on our review and fixing of the st/veJARVIS contract to add the support of the new pools features such as single withdrawal/deposit of token.
We have updated the charting library and it now supports all the pairs and all the timeframe (prior to that we were only supporting pairs with a Chainlink price feed such as EURUSD, but not ETHEUR for example).
We kept working on the responsivness of the borrowing page.
No new discussion.
No new proposal.
jCHF Credit Lines on Polygon
2eur Aura pool on Harvest
New charting library for jarvis.money
https://twitter.com/Jarvis_Network/status/1709220723594514551
https://twitter.com/harvest_finance/status/1709185985408274784
Since a few weeks, we have started to recycle the bribes on multiple protocols. One example on Retro where every week, the treasury collects bribes and recycle them into new bribes to feed the flywheel.
https://twitter.com/Retro_finance/status/1708754847930163203
We are still working on our review and fixing of the st/veJARVIS contract to add the support of the new pools features such as single withdrawal/deposit of token.
We have updated the charting library and it now supports all the pairs and all the timeframe (prior to that we were only supporting pairs with a Chainlink price feed such as EURUSD, but not ETHEUR for example).
We kept working on the responsivness of the borrowing page.
No new discussion.
No new proposal.
<100 subscribers
<100 subscribers
No activity yet