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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: https://t.co/OKqOWNFExG https://t.co/sPXkIEvtyM
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.

https://t.co/XukPq9gETG

1/9
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! https://t.co/BmRgU5pEN2
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 Market.xyz!
MaiUnofficialGuide
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.

https://t.co/horyYChH0M https://t.co/seOWGPxPfz
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 https://t.co/Lfu5GBK7cu
🧪 Synthereum
Data
Polygon
  • 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
Dev
  • 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
Discussion
No new discussion.
Vote
  • 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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Weekly newsletter of Jarvis Network 🧪

Stable and liquid synthetic fiat currencies with a built-in #Forex swap feature.

https://t.co/qWfE0MU9jP

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