Newsletter, 24th of April
🔥 What happened last week…
- Changes in the UI in Jarvis Market
- Sponsoring pool holds collets $27k in deposits
- JRT price and liquidity pools are getting back on track
👨💻 Protocols
Margin Protocol
Volume traded did not rise that much this week, as the testers “slowed down”. As we said in the very beginning the number is not really relevant since only a handful of people really used the platform.
Synthetic Protocol
As we said last week all the work on the smart contract is done, so now we work on off-chain aspects of the protocol like UI, documentation and other small things that have to be done before the launch in the testnet.
📱 Applications
Jarvis Market
This week we created a library of design elements which will allow us to reuse components across all of our products.
This week we managed to modify the tab system, to enhance the table design, replaced some colours and removed the chat.
Burner Wallet
We stored all the components of the burner wallet in the same library so we can easily reuse them elsewhere.
Main Wallet
The Unilogin team finally started to work on the gasless feature to be able to pay transaction fees with DAI.
🐱🏍 Business
Reward programs
It has been 10 days since we launched our new sponsoring pool, and we are quite happy with the overall results. In the first week (from 15.04 till 22.04) we generated almost $8, with a total of $27k being deposited, while we generated 8 additional dollars in the last 48 hours. Quite a successful start!
In the meantime, the Uniswap pool beats a new record and now holds more than 143 Ethers! Combined with Bancor’s pool the JRT liquidity reached a new all-time high at 80k dollars.
JRT price
The JRT is back on track and reached a new high at almost 0.011 dollars.
Gitcoin grant
We finally received the funds from the grant.
This is all for now, stay safe, wash hands and see you next week!
Vsevolod.
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