
Sponsoring pool TVL is slowly getting back on track.
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Sponsoring pool TVL is slowly getting back on track.
Congratulation on behalf of our team, guys! We follow you and we can see how much progress you do!
🥳 We are happy to introduce to you the Jarvis Dex, to trade synthetic and non-synthetic assets.
🚀 We are thrilled to take this journey together with 🤝Chainlink.
Sponsoring pool TVL pool took another hit, further increasing the rewards for the participants.
Right now the rewards are sent on a monthly basis since the gas price is high.
You collect the fees in the currency for your protocol, but release to the end user tokens? It is a good idea. Now I can see why it is called "Sponsoring pools".
Do you lock these tokens, or we can straight away exchange them on the secondary market?
Also, where can I contribute with my to these sponsoring pools?
Sponsoring pool is a program through which we collect interest redirected from deposits on Aave (participants receive JRT as a reward). The interest redirected will be later used to cover the costs of onboarding new users through Jarvis Wallet, for example, zero-fee crypto purchase.
What does “sponsoring pool” mean?
Sponsoring pool TVL took a hit, however, the interest generated is on fire.
Let's start with the overall result: 846 dollars generated (48.61%) or 48,371 dollars of purchase.
Deposited capital: 279,704 (-21.06%)
It is an impressive result. And the community actually loves it :)
is going up! I predict, when you release Jarvis Wallet, will double at least.
Sponsoring pool TVL is stable, however, the interest generated is not that juicy.
This time the stats are a bit down, but overall it is still a positive result.
Sponsoring pool TVL and interest generated took a hit this week.
TVL is stable at half a million, however, the interest generated overpassed 1k USD!
We do not have an exact ETA on the DAO release yet, until DAO is in place the token distribution is straight forward - 560k per week + rewards (50k )
Good to know about distribution. Would be good to see a lineal graph of distribution for each allocation in time (on the same graph). Something like this:
This article will help you understand how the token supply will evolve in the next 10 years.
TVL in sponsoring pool overpassed half a million, we are back on track!
We are not working on any L2 integration, yet (primary goal at the moment is to launch on mainnet and integrate Chainlink after). But we are researching into the topic, and will probably go with the most adopted solution.