Newsletter, 3rd of May
- UMIP-86 to add new currencies
- Atomic Swap, Claim, and Staked JRT contacts are being tested and audited
- New article on Synthereum
- APY of 28%, 8%, and 22% on Uniswap, Bancor, and Sushiswap
👨💻 Protocols
Synthereum (Synthetic Protocol)
- jSynths minted: $698k
- TVL: $1,062k
- $3,318 of available liquidity to mint around $6,636 of jSynths
We created a new UMIP to add new price identifiers to UMA. After deploying major EU currencies (EUR, GBP, CHF), we are now preparing for the launch of international ones: NGNUSD, PHPUSD, CADUSD, ZARUSD, KRWUSD, and JPYUSD.
Contracts for Atomic Swap, claim JRT, and staked JRT are currently being tested and audited.
A new article was released this week. The article is a follow-up to our released Synthereum Manifesto, however this time we looked at our go-to-market strategy, marketing plans, and vision of a multi-layer ecosystem powered by Synthereum.
$JRT
JRT price slowly rose up to $0.17 by the end of the week.
The number of addresses decreased by a dozen and now stand at 3,581, unique holders.
📱 dApps
Jarvis Exchange
We worked on updating a bit the prototype design of Jarvis Exchange to include features that will be used by the Atomic Swap like slippage settings.
Farming dApp
Finished checking and refactoring the farming contract, it is now awaiting the audit.
🐱🏍 MISC
Liquidity program
It turns out that Balancer still giving BAL rewards, 90/10 pools currently have 7% APY.
Total liquidity: $5,209,758
- Uniswap V1: $25,337;
- Uniswap V2: $960,763;
- Bancor: $1,440,393;
- Balancer: $660,655;
- Sushiswap: $2,122,600.
You can buy $20k worth of $JRT with 1.19% slippage and $50k with 2.45% slippage.
35,000 $JRT are added to the next airdrop for Uniswap LPs, and 15,000 $JRT for the Bancore ones (50,000 $JRT altogether, which was roughly $7,500).
- Uniswap weekly ROI 0.54% / yearly ROI 28.14%;
- Bancor weekly ROI 0.15% / yearly ROI 8.12%;
- SushiSwap weekly ROI 0.46% / yearly ROI 22.32%.*
*SushiSwap LPs receive Sushi tokens as rewards
Sponsoring Program
- Deposited capital: $366,668 (-18.85%)
- Interest generated: $848.53 (-19.99%)
- Allows financing: $48,487
Aave participants share 20,000 $JRT, which translated to a weekly ROI of 0.81% and a yearly ROI of 42.54%.
Early-investors
The UI for the claiming dApp is done
This is all for now, stay safe, and see you next week!
Vsevolod.
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⛔ 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 Information in this document. Jarvis accepts no liability for the results of any action taken on the basis of the Information.
