Midas Monthly Highlights: June 2022
Welcome to the first monthly newsletter of Midas Capital. The newsletter will share monthly updates about what’s happening at Midas Capital and what users can expect next month.
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June 2022 Highlights
Adding BNB To The Midas Ecosystem
We integrated the BNB Chain into the Midas ecosystem and took the first step in building a multi-chain ecosystem. BNB Chain’s deep liquidity and scalability made it an ideal choice for Midas’ first ecosystem ally. Users, DAOs, and protocols can now use Midas to earn yield, collateralize, or lend their favorite tokens in the ecosystem.
Welcome Bomb.Money and Jarvis Network
Following our integration of BNB, we first welcomed Bomb.Money to Midas with the creation of the BOMB pool. The Bomb.Money ecosystem offers high and sustainable yields to users while being pegged to Bitcoin at a 10,000 to 1 ratio.
We also onboarded Jarvis Network and launched the Jarvis jFIAT pool. Jarvis Network allows for the creation and exchange without price impact of highly capital-efficient synthetic non-USD stablecoins called jFIATs.
Users can get started with the BOMB and jFIAT pools and put their assets to work for stellar returns.
Answering Your Questions With Risedle
Midas core team members recently participated in an AMA with Risedle, the decentralized leveraged token market protocol. Members of both teams answered community questions about the Fuse Leveraged token.
Risedle Protocol will soon be launching Fuse Leveraged Token on BNB Chain, which will be built on top of a pool at Midas Capital. We will be sharing more details soon!
Get Started With Fuse On Midas
With Fuse, users can create their own pools while modifying pool characteristics, such as oracles, interest rate curves, and collateral factors based on their risk appetite. We prepared a handy guide to help anyone get started with Fuse on Midas, outlining everything to know about Fuse before one needs to start building pools. We also published a BNB guide for users starting at Midas on the BNB Chain.
What To Look Forward To In July
July is going to be one exciting month for Midas Capital, its allies, and its citizens. We will be adding new ecosystems to Midas, complemented by multiple pools to enable users, DAOs, and protocols to start creating their money markets across chains and assets. We will also be hosting various AMAs to answer all community questions.
Follow us to stay updated.
See you in July!
