Protocol: Jarvis + Beefy
IBT requested (Name and ticker of the asset): mooSushiJRTETH
IBT contract address : Moo Sushi JRT-WETH (mooSushiJRT-WETH) Token Tracker | PolygonScan
Audit(s) link(s) :
Supported chain(s) : Ethereum/ Polygon
Jarvis network is a set of protocols on Ethereum for universalizing and uberizing finance and more particularly — financial products and markets. It is owned by a DAO.
Jarvis “Blockchainizes” traditional financial markets to make them open, transparent, interoperable and programmable, and eventually disintermediate them.
These protocols allow users to gain exposure to the prices of any financial instrument via margin trading and/or synthetic assets (for convenience, we will say that users trade, invest, open positions in these instruments) and/or provide the liquidity required for these protocols to run smoothly.
A trust-minimized off-chain trading protocol
This protocol allows users to open leveraged positions on different markets such as Forex, indices, stocks or cryptocurrencies, collateralized by Dai.
**They trade against liquidity pools supplied by liquidity providers **(LP) who set their rules (spread, commissions, leverage, supported markets, price source, etc.), effectively uberizing brokerage. LPs can run “No Dealing Desk” or “Dealing Desk” node to hedge their exposure or run a sophisticated market making strategy with their brokers, exchanges or other institutional partners.
Benefit of this integration for Beefy and Jarvis DAOs
- Additional yield opportunities for the community or the protocol treasury
- Increase the visibility of the project with cross marketing
- Increase the TVL of the IBT pool
Benefit of this integration for Apwine DAO
- Increase the TVL of the protocol
- Increase the visibility of the project