Newsletter, 20th of September
- Jarvis passed KyberDAO vote to be added to the Rainmaker program
- First JRT liquidity on Polygon
- APR of 34% for JRT-ETH on SushiSwap
👨💻 Protocols
Synthereum (Synthetic Protocol)
- jSynths minted: $741k (ETH) $168k (POLYGON)
- TVL: $1,324k (ETH), 375k (POLYGON)
- Liquidity available: $1,270k (ETH) and $658k (POLYGON)
Last week, we were refactoring some of the code for the FixedRate Contracts.
In the meantime, KyberDAO held the vote on adding Jarvis to the Rainmaker Joint Liquidity Mining program. We successfully passed the vote, which drastically increases APR of the upcoming yield farming program. We are now awaiting the response from the Kyber team if we could put KNC rewards in the AUR contract.
This is a big step for Jarvis DAO. It officially marks the first cross DAO work, between Kyber and Jarvis.
$JRT
JRT price was ranging at $0.065 mark throughout the week, finishing at $0.058.
As per the P14 vote, JRT liquidity from the treasury was added to Balancer 90/10 pool on Polygon: 6.3M JRT/50k USDC.
📱 dApps
Jarvis Exchange
We did the frontend optimization of the Jarvis Exchange, the dApp loads faster now.
Polygon Yield Farming
dApp for yield farming on Polygon Network is at its finishing stages, last update added staking and unstacking function to the application.
🐱🏍 MISC
JRT liquidity
Total liquidity: $2,620,599
Mainnet:
- Uniswap V1: $11,248;
- Uniswap V2: $143,945;
- Bancor: $512,076;
- Balancer: $110,299;
- Sushiswap: $1,321,917*.
*SushiSwap weekly ROI 0.71% / yearly ROI 34.26% (paid in Sushi).
You can buy $20k worth of $JRT with 1.96% slippage and $50k with 4.9% slippage.
Polygon:
- Balancer: $521,114
Sponsoring Program
- Deposited capital: $253,953 (-10.32%)
- Interest generated: $111 (-77.25%)
- Allows financing: $6,342
Aave participants share 20,000 $JRT, which translated to a weekly ROI of 0.55% and a yearly ROI of 28.66%.
This is all for now, stay safe, and see you next week!
Vsevolod.
The possibilities are limitless
Join us in Discord
Find out more on Facebook
Follow us on Twitter
Discuss on our Bitcointalk
Stalk us on Instagram
And visit us at jarvis.network
⛔ Risk Warning: Investing in digital financial assets involves a high degree of risk and volatility and is not suitable for all investors; do not risk more money than you can afford to lose. Please consult an independent professional financial or legal advisor to make sure the product is right for you.
⛔ 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 the Information in this document. Jarvis accepts no liability for the results of any action taken on the basis of the Information.
