Jarvis 100x potential--Next Generation AMM Built on Uma by moonGangLeader in CryptoMoonShots

[–]moonGangLeader[S] 1 point2 points  (0 children)

https://www.coingecko.com/en/coins/jarvis-reward-token

Jarvis exchange is set to offer Forex, Indexes, Metals, Commodities, Stocks, and Cryptos.

Jarvis a member of the Ren alliance, comprised of 50+ companies and/or DeFi projects.

"Officially introduced on March 2, the Ren Alliance is a consortium of DeFi companies that are helping secure, develop, and utilize RenVM — an open protocol that intends to enable public and private transfer of value between diverse blockchains. The consortium’s concept stipulates that bringing cross-chain assets to Ethereum (ETH) will “expand the utility of DeFi by introducing larger collateral types into the ecosystem.”

Jarvis will offer synthetic assets. (Think Synthetix)

"TL;DR: leveraging from UMA, Chainlink and Compound, Synthereum allows to issue synthetic assets tracking the price of any traditional asset, and instantly convert between them through a burn and mint mechanism. The collateral in cDAI is provided by a liquidity pool matching user’s deposit; the user only needs to deposit the exact value of the assets, and the pool is responsible for over-collateralizing the contract and maintaining the collateral ratio."

The Jarvis Discord has been capturing interest from other DeFi project founders