Newsletter, 15th of February
🔥 What happened last week…
- Chainlink integration is completed, and fully tested, ready for the mainnet
- Work on the Jarvis Wallet resumed
- JRT overpassed $3M in liquidity across DEXes
- APY of 16%, 12% and 69% on Uniswap, Bancor and Sushiswap
👨💻 Protocols
Synthereum (Synthetic Protocol)
We are thrilled to announce that all the tests with Chainlink were performed and completed without any issues, which will allow us to deploy the pools powered by Chainlink on the mainnet next week.
The whole integration went as planned and on schedule. We launched a kovan version was tested over the weekend, and as no issues were found, we are planning on a mainnet deployment in the coming days.
It also means that version with the Relayer won’t see the mainnet. Unfortunately, despite all the efforts of the team we faced too many issues for a few weeks that prevented us to launch this version before the one of Chainlink. Yet, the Relayer itself was done and fully functional on Kovan; it will remain in our codebase and be kept aside for future R&D, as it is a very elegant and sophisticated solution.
$JRT
JRT found a new support level at $0.1 at the beginning of the week, while slowly moving to $0.12 area, finishing the week all the way up at $0.16.
The number of addresses, grew by a dozen and is getting closer to 3k total.
📱 dApps
Jarvis exchange
https://jarvis.exchange (coming soon)
Chainlink version of Jarvis Exchange is deployed on Kovan, you can test and play around with it. Keep in mind that on Kovan, Chainlink price feed does not refresh like the one on the mainnet.
We successfully solved a tricky issue of using the Chainlink price feed to display the charts.
We progressed quite fast with the new refreshed UI, there are still some issues to fix, but we are going at a good pace.
Jarvis wallet
As we are going next week to the mainnet, we started to work on the MVP of the new Jarvis Wallet. We already found the team to do it and sent them the requirements. We will now review the existing wallet design to adapt it to our new refreshed style.
🐱🏍 MISC
Liquidity program
Due to the high gas prices, we asked our community to change to the monthly reward distribution, until the dashboard with claim system will be implemented.
Total liquidity: $3,379,686
- Uniswap V1: $20,599;
- Uniswap V2: $1,214,410;
- Bancor: $693,991;
- Balancer: $272,862;
- Sushiswap: $1,177,824.
You can buy $20k worth of $JRT with 2.23% slippage and $50k with 5.26% slippage.
35,000 $JRT were airdropped for Uniswap LPs, and 15,000 $JRT for the Bancore ones (50,000 $JRT altogether, which was roughly $5,000).
- Uniswap weekly ROI 0.31% / yearly ROI 16.48%;
- Bancor weekly ROI 0.23% / yearly ROI 11.96%;
- SushiSwap weekly ROI 1.4% / yearly ROI 69.20%.*
*SushiSwap LPs receive Sushi tokens as rewards
Sponsoring Program
Sponsoring pool TVL is stable, however, the interest generated is not that juicy.
- Deposited capital: $354,341 (-0.06%)
- Interest generated: $569 (-12.28%)
- Allows financing: $32,514
Aave participants shared 20,000 $JRT this week, which translated to a weekly ROI of 0.62% and a yearly ROI of 32.28%.
Recruitment
We had calls with several candidates last week and will continue to interview people this week.
This is all for now, stay safe, and see you next week!
Vsevolod.
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⛔ Disclaimer: This article contains text, data, graphics, photographs, illustrations and information (“Information”) connected with Jarvis International and/or other entities part of the Jarvis group ( “Jarvis”). Jarvis attempts to ensure Information is accurate, however, Information is provided “AS IS” and on an “AS AVAILABLE” basis and may not be accurate or up to date. The publication of this article does not represent solicitation by Jarvis of buying the token “Jarvis Reward Token” and is not to be considered as a recommendation by Jarvis as to the suitability of any investment, if any, herein described. No action should be taken or omitted to be taken in reliance upon Information in this document. Jarvis accepts no liability for the results of any action taken on the basis of the Information.
