We are excited to announce our Jarvis Synthetic Euro stablecoin (jEUR), and Jarvis Synthetic Mexican Peso (jMXN) can now be used to play Roulette, Dice, or Coin Toss, thanks to our new partner BetSwirl! BetSwirl is a web3 online casino leveraging Chainlink VRF to generate randomness, live on Polygon, BNB Chain, and Avalanche. BetSwirl vision is to bring fairness and transparency to the nascent decentralized crypto-currencies betting and gaming vertical. Adding jEUR and jMXN is the first step ...

We are excited to announce our Jarvis Synthetic Euro stablecoin (jEUR), and Jarvis Synthetic Mexican Peso (jMXN) can now be used to play Roulette, Dice, or Coin Toss, thanks to our new partner BetSwirl! BetSwirl is a web3 online casino leveraging Chainlink VRF to generate randomness, live on Polygon, BNB Chain, and Avalanche. BetSwirl vision is to bring fairness and transparency to the nascent decentralized crypto-currencies betting and gaming vertical. Adding jEUR and jMXN is the first step ...

The $129B stablecoin market is bubbling, housing hundreds of different stablecoins. However, the top 5 projects are all USD-stablecoins, comprise 94% of the total stablecoin market capitalization, and represent 99% of the stablecoin trading volume. Yet, non-USD stablecoins have an essential role in onboarding billions of users to the blockchain ecosystem and DeFi. USD-stablecoins create friction and add currency exchange risks for users outside the US. Unfortunately, regardless of their desig...

The $129B stablecoin market is bubbling, housing hundreds of different stablecoins. However, the top 5 projects are all USD-stablecoins, comprise 94% of the total stablecoin market capitalization, and represent 99% of the stablecoin trading volume. Yet, non-USD stablecoins have an essential role in onboarding billions of users to the blockchain ecosystem and DeFi. USD-stablecoins create friction and add currency exchange risks for users outside the US. Unfortunately, regardless of their desig...

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...

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...