We can do both, but full-time is preferable for the long term.
We are looking for both defi-native solidity engineer and fintech/crypto UIX designer: http://bit.ly/3oB08pW
Currently, we are using UMA priceless framework, price feed is off-chain, unless dispute arises. This allows us to have realtime pricefeed. However, if we want to be fully decentralized in the future, we need to look at other solutions, which is why we had a discussion with Chainlink.
Of course, we already did the first donation. The first $1,500 were given to Axel https://twitter.com/axeldu85100 to help finance the purchase of medical equipment. Proof of transaction: https://etherscan.io/tx/0x3bfac7ec52f450caff595265af6853ab409578d784142c5840d9d4be7eff72ac . You can donate to his Ethereum address directly or buy an NFT card https://twitter.com/gregory_raymond/status/1335896846754062337?s=20
Synthereum is the synthetic protocol, while Jarvis Exchange is the UI to interact with the said protocol.
The website is not finished, yet. You can see a beta version of exchange here: kovan.jarvis.exchange
Reward Programs will continue, when DAO will be placed, JRT holders may vote on modifying the existing programs, adding new ones, or stop the ones that community will think unnessesary. For that purpose, DAO will have 100M JRT to distribute throughout years.
- $2.7M traded on Margineum
- Arbitrage experiment on Kovan showed interesting projections
- The base layout for Jarvis Market is finished
- Sponsoring pool TVL once again overpassed 1M USD
- Farming program from 11% to 42% APR
We are looking for the 3rd party to build us a wallet, that will be built on top of Tor.us solution (we have all the designs etc. at this point already).
Do you have metamask extension? You need to put your wallet on Kovan network otherwise you can not access it.
- As real as it is on the mainnet, until the bots join, it's hard to compete with those.
- Not exactly, in the beginning, it will be relative to the liquidity provided on Uniswap, it will not be millions from the get-go, with lower liquidity, you do not need whales to push the peg. Later whales will be needed, and we have several big key investors that will provide liquidity.
Yes, Jarvis Network is DeFi. To be fair it is hard to mention all the DeFi projects in one post + we are still preparing for launch (Q4 of 2020).
We decided to do some testing on Kovan to showcase arbitrage between Synthereum and Uniswap thanks to Sythereum’s unique feature: synthetic assets are redeemable by their exact value in USDC. To do so, we listed our synthetic EUR, CHF, GBP, XAU (Gold), XAG (Silver), XTI (Oil) and SPX (S&P500) against USDC on Unswap Kovan, and sked our community to provide liquidity and to try to push the prices on Uniswap as close as possible to the real prices of said assets through arbitrage. So far, the community succeeded to maintain a strong peg on all the assets.
Sponsoring pool on Aave once again overpassed 1M in TVL and more than 1k USD in interest collected!
Important to mention: Long term holders do not trade, they are just holding, meaning that they don't have an impact on the price. Also, OTC deals (that are quite frequent for quality projects) are not reflected on the price, only trading and short-term speculation impacts the price at this point.
Crypto traders are usually on a hunt for hug returns, and that is why farming and governance tokens were so popular among everyone - due to the incredible rewards. But as those projects with governance tokens mature, the return offered will be lower (but still more impressive in comparison to stocks). Uniswap, Jarvis, Synthetix, Balancer, Aave, Compound - the tokens of these projects will redistribute the cashflow among the people participating in the governance, and we should not expect anything crazy here - 10-20% per year, which is only interesting if you have millions. This is why smart people with millions will keep acquiring them at low levels, while short-term speculators have a different agenda. So if you are a short-term trader, governance tokens might not be as attractive to you anymore.