APIR 20: New Jarvis IBTs integration to the 4th winelisting

Key words:
Composability, vault IBTs, New yield opportunities, jFiats, Yield Euro

Project presentation:
Protocol(s): Jarvis Network (Beefy.finance vaults)

IBT(s) requested: Name(s) and ticker(s) of the asset(s):

  • jJPY-JPYC vault (new version): MooJarvis2Jpy
  • agEUR-jEUR vault: MooJarvis2eur

IBT contract address:

Current TVL on the requested IBTs:

  • mooJarvis2jpy: 460K
  • mooJarvis2eur: 462K

Current TVL of the protocol(s) according to DefiLlama:
Jarvis: 9.1M
Angle: 118.7M
Beefy : 457.1M

Summary:
This proposal aims to integrate several Jarvis pools deposited in Beefy vaults to the 4th winelisting event.

  • Synthereum by Jarvis Network pioneers a capital-efficient manner to issue and exchange synthetic fiat currencies called jFIATs, on multiple EVM-compatible networks. jFIATs are stablecoins for decentralized and centralized finance, designed to be usable: they keep their peg, are highly liquid and are scalable

  • Angle is a decentralized, capital efficient and over-collateralized stablecoin protocol composed of smart contracts mostly deployed on the Ethereum blockchain. It can be used to issue stablecoins, called agTokens, that are pegged to a specific value

  • Beefy is a yield optimizer live on 15 chains and the core product is auto compounding vaults

Rationale:
The Jarvis community voted in discord to propose new pools on the winelisting event to create additional yield possibilities for both communities by proposing 2 new vaults described above.

The first version of the 2jpy was already winelisted, but a change on the token led to the creation of a new pool. The previous IBT will be stopped at the end of the period.

The agEUR-jEUR was the most voted on Jarvis Discord, and it’s a full Euro pool including Jarvis and Angle assets. As a good part of the community is French speaking, this one could have a real interest, even for DAOs who hold part of their treasury in EUR.

As supplying liquidity or providing additional rewards would require a governance proposal on Jarvis and/or Angle governance side, it might not be possible for this round.
However there are already ongoing discussions in the communities to start building positions in APW.

Additionally, Jarvis, Angle and Beefy will ask their communities to upvote the vaults as IBTs to make them eligible for APW rewards.

Benefit of this integration for Jarvis and Angle:

  • Additional yield opportunities
  • Increase the visibility of the project with cross marketing
  • Increase the TVL of the underlying pools

Benefit of this integration for Beefy:

  • Additional yield opportunities
  • Increase the visibility of the project with cross marketing
  • Increase the TVL of the IBTs

Benefit of this integration for Apwine DAO:

  • Increase the tokenized TVL and the AMM TVL
  • Diversify the yield possibilities for APWine community
  • Increase the visibility of the project with cross marketing

Metrics:

  • Jarvis - Angle - Beefy TVLs: 9.1M - 118.7M - 457.1M$
  • Twitter community : 17.5K - 26.6K - 213K followers
  • Discord community: 3.5K - 28.3K - 16K members
  • Telegram community: 1.5K - None - 22.7K members

Means:
No additional resources announced for now. .

Voting options:

  • Add both mooJarvis IBT to the 4th WL vote
  • Add the mooJarvis2jpy to the 4th WL vote
  • Add the mooJarvis2eur to the 4th WL vote
  • Don’t add mooJarvis IBTs
  • Abstain
1 Like
Should we implement mooJarvis IBTs to the next winelisting ?
  • Add both mooJarvis IBT to the 4th WL vote
  • Add the mooJarvis2jpy to the 4th WL vote
  • Add the mooJarvis2eur to the 4th WL vote
  • Don’t add mooJarvis IBTs
  • Abstain

0 voters

1 Like

I’ve voted “Add both mooJarvis IBT to the 4th WL vote”

I know you love Jarvis ser :fire:

1 Like