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Weekly newsletter of Jarvis Network 🧪 - Issue #23

Weekly newsletter of Jarvis Network 🧪 - Issue #23
  • Synthereum v2 on Mumbai is going through several tests
  • $240M of swap volume for jFIATs!
  • 4eur program renewed for 60 days.
  • Onboarding app for BNB completed.

📰 Quick news
$120k borrowed on Aave
Following the vote p49, the treasury added 680 jEUR on Aave v3, minted from the jFIAT printer contract.
$120k jEUR have been borrowed already!
Launch of a new 4eur program!
The 3rd round of the 4eur program started last week! The new DEN-MAY22 token will be seeded with $87.5k of JRT and $87.5k of MIMO.
Jarvis Network 🧪
💥The new #4eur program is live!

You can now unstake your 4eur LP tokens from the previous program and stake them in the new one.

If you are a @beefyfinance or @harvest_finance user, you do not need to do anything!

More info:
Mean Finance integrates our jFIATs
Mean Finance is a protocol to perform DCA in a trustless manner! They are now supporting jEUR, jGBP, and jCHF.
Jarvis Network 🧪
💥 We are excited to announce that $jFIATs have been added to @mean_fi , a state-of-the-art Dollar-Cost Average (DCA) protocol on @0xPolygon!

Combined with @mtpelerin, it allows users to purchase any token from fiat, at the frequency they desire.

New milestone: $130M
Altogether, $240M have been swapped on our primary and secondary markets on Polygon!
Jarvis Network 🧪
📢$130 and $90M of swaps on our primary and secondary markets for $jFIAT!
QiDAO wrote a guide on how to leverage jFIATs
We helped our friends at QiDAO to write a guide on how to better use our jFIATs, from the onboarding with Mt Pelerin to the lending on!
While E.U. is slowly building regulations around cryptocurrencies, @Jarvis_Network is there to help you buy and sell synthetic FIATs all around the world.

Check how to do it and invest with low risks using @market_xyz and @Uniswap in our latest guide.
Jarvis is building an infrastructure!
Our ecosystem is being enriched every week! The end goal being to have the most robust and rich infrastructure for non-USD stablecoins, that can be used as a Backend for providing liquidity and yield to the users of centralized applications!
Jarvis Network 🧪
In the near future, centralized brokers and custodial wallets will be using DeFi as a Backend for their liquidity.

They already are using DeFi for their yield.

@mtpelerin + @Jarvis_Network
+ @paraswap = trading
+ @mean_fi = DCA
+ @AaveAave / @CurveFinance = saving account
🧪 Synthereum
  • TVL: $8,654,301.45 ($8,341,883.16)
  • Market Cap: $7,367,546 ($7,025,200)
  • Volume: $133,516,381 ($128,631,275)
  • Swaps: 40,064 (38,954)
  • Users: 9,816 (9,746)
BNB Chain
  • TVL: $296,853.20 ($284,540.60)
  • Market Cap: $140,625.26 ($126,743.50)
  • Volume: $467,327.51 ($413,812.41)
  • Swaps: 388 (338)
  • Users: 122 (112)
More data on our BNB Dune Analytics dashboard
  • Last week, we deployed Synthereum v2 on Mumbai and started a series of automated and manual tests. For now, all the automated tests were successful and we are continuing to run manual tests.
  • We also started working on our v2.1, which introduce public LP and private LP. Public LPs are LPs that do not require to be whitelisted, and without a minimum to deposit, as opposed to private LPs who need to be whitelisted by the governance and have to deposit a minimum (specified by the governance).
Some feedback about our testings: a mint transaction on the MultiLP contracts would cost around 500k with 5 active LPs, which was our goal.
📱 Apps
Onboarding app
Exchange app
  • We’ve finished the update of web3-react version on Jarvis Exchange.
  • We fixed a bug that was causing transactions to not be broadcasted on Gnosis Chain.
🗳️ Governance
No new discussion.
  • p51: the governance approved the renewal of the 4eur program for another round of 60 days, and to seed the new DEN-MAY22 token with $87.5k of JRT and $87.5 of MIMO, provided by Mimo Capital.
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