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Weekly newsletter of Jarvis Network 🧪 - Issue #25

Weekly newsletter of Jarvis Network 🧪 - Issue #25
  • Improving the interest rates model of the pool7
  • NZDUSD price feed registered for launching jNZD
  • First usage of Jarvis Money, our burner wallet!
  • The 2ngn pool receives EPX incentives!
  • Synthereum v2 is almost ready for its audit.

📰 Quick news
Minerva Wallet adds Mt Pelerin
Our partner, Minerva Wallet, a non-custodial multi-chain wallet, has added Mt Pelerin to its growing list of application and services present in the Jarvis’ ecosytem.
Mt Pelerin joins Paraswap, Curve and Beefy to become the go-to wallet to use for jFIATs!
Minerva Wallet | 🦉 Join our Team ✨
📢 Cooperation Announcement! 🚀
We are trilled to work with @mtpelerin on bringing crypto to everyone and build the future of new money rails.

💵 On-ramp and off-ramp (!!!!) exchange
🥳 No or low fees
🙌 Swiss bank security

@0xPolygon @gnosischain
Improving the interest rate model on our money market
We discussed with Market’s team to update the interest rate model user in our pool. We now have adapted it to considerably lower the cost of borrowing.
Currently, the pool is the second largest on Polygon with $4.51M deposited and $650k of jFIATs borrowed.
Jarvis Network 🧪
💥The interest rate model used in our @market_xyz pool has been updated.

The interests paid are now considerably lower now.

Vote to whitelist NZDUSD price feed
For a few weeks, we are discussing with the Techemint team to launch a 2nzd pool on Polygon.
In order to prepare for it, we needed to add the support for a NZUSD price feed on UMA. This was done and the vote was positive.
First usage of our Onboarding app
Last Friday, we have onboarded 200 people into Jarvis and its jEUR using for the first time our Onboarding app Jarvis Money v1!
Jarvis Money v1 is a gasless burner wallet designed for onboarding people during events.
Participants received a card with 2 QR codes, one to open, the Jarivs Money web app on the BNB Chain, and one that contains a private key, pre-loaded with 5 jEUR.
Scanning the QR code imports the private key in the user’s smartphone, and it instantly load the wallet with 5 euros worth of jEUR in it.
From that point, users can convert jEUR for any other jFIAT, or purchase BTC, without the need of having to pay for the gas.
pascal0x 🧪
At the @KryptoSphere_ event this afternoon, we gave away ~200 gasless burner wallets loaded with 5 $jEUR.

Participants had to scan a QR code, and 💥they got 5 jEUR that they can send or swap for $BTC, $BUSD or other jFIATs.

They can even buy more using the @mtpelerin widget.
2ngn yield farming program!
After a governance vote on Ellipsis, a few addresses voted with their vlEPX to direct some EPX emission toward the 2ngn pool!
This resulted in having our first yield farming program using our Nigerian Naira stablecoin!
Jarvis Network 🧪
... and up to ~1000% in #Nigerian Naira stablecoin with the $vlEPX max boost on @Ellipsisfi on @BNBCHAIN.

⚠️ Note: if you are not Nigerian or you cannot be a @buycoins customer, do not participate in this pool. $NGNT on-chain liquidity is too low. You could get rekt.
A contest to increase our awareness in Brazil!
The Twitter page jBRL is organizing a contest for Brazilian people!
Jarvis Network 🧪
🇧🇷 For Brazilian!

🤑 There is a context to earn up to 2k $jBRL (~$425) on @BNBCHAIN.

◽10 winners will be picked.
◽Each winner earn 5 jBRL per RT, with a max of 2k jBRL.

The rules are in the tweet below ⬇️
🧪 Synthereum
  • TVL: $8,323,388.04 ($8,406,178.80)
  • Market Cap: $7,005,415 ($7,065,029)
  • Volume: $141,029,790 ($138,936,697)
  • Swaps: 42,078 (41,606)
  • Users: 9,946 (9,920)
BNB Chain
  • TVL: $398,073.83 ($325,203.84)
  • Market Cap: $244,226.03 ($166,853.34)
  • Volume: $739,683.26 ($613,592.61
  • Swaps: 562 (473)
  • Users: 169 (144)
More data on our BNB Dune Analytics dashboard
  • We have hit some issues with Aave V3 integration, due to the infamous “dust”, caused by the way Solidity works; their way of tacking the dust issue created some inculpabilities with the way our protocol works. so last week we were mainly tackling those while at the same time wrapping up the tests. Now those issues are solved and we are more or less done to begin the auditing soon.
📱 Apps
Onboarding app - Jarvis Money
In preparation for an event in Paris, we have made a few changes on our burner wallet, like adding the Mt Pellerin’s widget.
Borrowing app - Jarvis Finance
  • We continued our work on the front end with some refactoring, and we have added the logic necessary for the initial two pages of the app.
  • We have had a few discussions on how to approach having the same UI elements reusable in all our apps, which led us to work on updating our UI library.
🗳️ Governance
  • p53: with the end of the AUREUS program, we opened a new discussion about renewing it or not.
No new proposal last week.
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