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Weekly newsletter of Jarvis Network 🧪 - Issue #33

Weekly newsletter of Jarvis Network 🧪 - Issue #33
  • Synthereum v2 audit completed
  • Money market for jFIAT on the BNB Chain, by Midas Capital
  • New money-lego: jEUR backed by Monerium’s EURe
  • Two new cross-border transactions using EURe-backed jEUR
  • Beta of Curve FX application
  • First AMA in Portuguese on the BNB Chain Telegram group

📰 Quick news
Synthereum v2 audit finalized
After a first audit that identified 4 issues (0 critical vulnerability), we addressed these 4 issues and received the final audit.
Launch of the jFIAT pool on Midas
We launched a new pool on the Midas money market on the BNB Chain, to borrow and lend jBRL.
Lending and borrowing jFIATs on Midas | by Pascal Tallarida | Jarvis Network | Jun, 2022 | Medium
jEUR backed by EURe, a new money-lego
A modified version of our Fixed Rate contract allowed us to ming the first jEUR using a collateral in EURe, a Euro-backed stablecoin issued by Monerium.
EURe can be minted by sending Euros on a dedicated IBAN (the process is fully automated). It supports instant SEPA.
pascal0x 🧪🦇🔊
Another awesome test!

This time I used instant SEPA. Sent 20 Euros at 6:01pm to @monerium, and the same min 20 $EURE were minted on @0xPolygon.

🏎 Mega fast!

Last week we played a bit with this new money-lego, and sent money to Nigeria using our Curve Forex contract…
Jarvis Network 🧪🦇🔊
On-chain Forex via @CurveFinance x @Jarvis_Network

🇪🇺 10 $EURE from @monerium
🇳🇬 4,419 $NGNC from @Link_IO

↗️ $EURE can be minted from #Euros.
↘️ $NGNC can be burnt to redeem #Naira.
… and to Canada…
pascal0x 🧪🦇🔊
Fasten you seat belt.

I sent 20 Euros to my @monerium IBAN. It was not an instant SEPA, so it took 20 minutes.

🪄 When funds arrived, it minted $EURE on @0xPolygon automatically. Magic...

Then I minted 20 $jEUR backed by 20 $EURE backed by 20 Euros.
First AMA in Portuguese
Romeo, our Brazilian CM, participated to his first AMA on the Portuguese BNB Chain Telegram channel.
Roberto Andrés
Atenção comunidade em português!✨

Hoje será realizado um novo voice chat do nosso quadro "Quem somos nós?" falando com 🗣️ @Jarvis_Network @Jarvis_BRL

⌚️A partir das 19:00 Horário de brasília.
📍Na nossa comunidade do📲.
New milestone for on-chain payment!
New milestone for on-chain payment!
🧪 Synthereum
Data on Polygon
  • TVL: $7,209,395.89 ($7,336,484.22)
  • Market Cap: $6,238,439 ($6,403,538)
  • Volume: $195,855,448 ($190,543,304)
  • Swaps: 62,180 (59,312)
  • Users: 10,817 (10,716)
Data on BNB Chain
  • TVL: $531,957.34 ($764,154.24)
  • Market Cap: $285,616.73 ($519,365.11)
  • Volume: $4,793,690.26 ($3,677,341.03)
  • Swaps: 1,276 (1,157)
  • Users: 288 (274)
More data on our BNB Dune Analytics dashboard
  • The first audit of Zellic found 4 issues that were all addressed. There is two tests that remain to be done after these changes have been made, before the protocol to be ready for a launch.
  • We have deployed a new Price Feed contract to add a function that returns all registered prices to ease frontend integration. These new contracts support regular price feeds (EUR/USD) to issue our regular jFIATs, inversed (USD/EUR or USD/ETH) to issue jUSD for example, and most importantly, computed (EUR/GBP, ETH/EUR) to issue jFIATs with more collateral type or future derivatives products. 
  • We continued with the research for the new tokenomics architecture, and had a call with Romain from Paladin about outsourcing LP boost rental and bribes.
Data on Polygon
  • TVL: $7,336,484.22 ($7,433,161.82)
  • Market Cap: $6,403,538 ($8,193,608.57)
  • Volume: $190,543,304 ($180,543,575)
  • Swaps: 59,312 (55,723)
  • Users: 10,716 (10,572)
Data on BNB Chain
  • TVL: $764,154.24
  • Market Cap: $519,365.11
  • Volume: $3,677,341.03
  • Swaps: 1,157
  • Users: 274
More data on our BNB Dune Analytics dashboard
📱 Apps
Jarvis Finance
  • We have fully completed the flow on the borrowing app to choose assets and display all the data from the blockchain.
  • We have added the Account modal where the user can add tokens to Metamask, see balances, copy address etc.
  • We have finished a base UI for the initial borrowing page and started adding the logic to load data from the blockchain and also execute transactions.
Jarvis Money
  • We have finalized the integration of the On-Chain Liquidity Router contract and made a few adjustments to the UI on Polygon.
Curve Forex app
  • Even if we are still facing issues related to the calculation of the price, we decided to allow people to use the Curve Fx app: Please only USE IT WITH SMALL AMOUNT since the UI does not handle slippage. Note that the output amount displayed will be slightly different from the amount you will receive.
  • This application uses the On-Chain Forex Liquidity Router that inter-connects all the Curve pools, provided that they contain USDC or a jFIAT.
🗳️ Governance
  • p59: this discussion is a spin-off from another discussion related to APWine; the discussion is about printing jEUR together with Angle printing agEUR, swap the printed jEUR for the printed agEUR, and deposit them into the 2eur (agEUR) pool on Curve and then on APWine, to farm APW.
  • p61: this discussion is about setting up a budget to create educational content.
  • p62: this discussion is about using the new Money Printer contract to print jBRL and deposit them into Midas Capital on the BNB Chain.
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