Midas Monthly Highlights: September 2022
Welcome to the September edition of the monthly newsletter of Midas Capital. The newsletter will share updates about what happened at Midas Capital in September and what users can expect in October. You can also join our Twitter, Discord, and Telegram communities to stay up to date.
September 2022 Highlights
Midas Capital and Jarvis Network bring jFIAT Pool to Polygon
After a successful launch on the BNB chain, Midas Capital and Jarvis Network bring the jFIAT pool to Polygon as well. The new jFIAT pool will feature many more FX stablecoins by Jarvis and will offer novel use cases and yield opportunities. Users can deploy various strategies in the pool to maximize the returns on their assets, including hedging, leverage trading, looping, longing/shorting, and getting access to credit without FX risks. The pool has already been seeded for over $1M worth of jFIATS and has recently received additional liquidity for jMXN and jCHF.
A New and Revamped Pool Interface
To make the platform beginner-friendly and easy to use, we gave the pool UI a complete makeover. The new interface is faster, sleeker, and packed with tooltips that will help new users get started in no time. We invite the community to try the new UI and share feedback with us on Discord to help us make the platform better and more intuitive.
In Conversation With Jarvis Network
In September, Midas core team members sat down for an AMA with Jarvis Network. Members of both teams answered the community questions about Midas Capital and Jarvis Network. The AMA also revolved around the many exciting use cases of the jFIAT pool on Polygon, powered by Midas Capital’s unique offerings.
Midas Crosses $2M in TVL
With new integrations and pool launches, Midas also surpassed the milestone of $2M TVL. But as we pave the way for more pools and ecosystem integrations, the TVL and rewards are only going to grow from here.
What To Look Forward To In October
While September was an exciting month, we are sure that October is going to be even better for Midas Capital, its partners, and its users. With expansion across BNB, Moonbeam, and Polygon, we will be integrating with new ecosystems, enabling users, DAOs, and protocols to start creating their money markets across chains and assets.
Follow us to stay updated.
See you in October!
About Midas Capital
Midas Capital is bringing isolated and customizable money markets to EVM-compatible blockchains. Enabling users, DAOs, and protocols to create customized and isolated pools for lending and borrowing any asset, Midas is building a cross-chain ecosystem that democratizes money markets. Pool creators have the flexibility to modify pool parameters (interest rate curves, oracles, collateral factors, pool fee, etc.) according to their risk appetite. With isolated pools, Midas offers stellar features for both large-scale institutions, protocols, and traditional investors.
