p65 Money printer for jFIAT on Midas Capital (Polygon)

This proposal aims at seeding liquidity in the newly launched Jarvis jFIAT pool on Midas Capital (Polygon) using our Direct Deposit Module that we already used on the BNB Chain to see our pool in Midas Capital.

This proposal requires the execution of two tasks:

1. Withdraw all existing liquidity from Market.xyz, and withdraw all the liquidity that will become available in the future, and burn these tokens.

2. Mint and deposit jFIATs into Midas using our Direct Deposit Module from the Synthereum Money Printer.

The governance needs to vote on how much % of the jFIATs minted through the liquidity pools should be minted and deposited into Midas; the % should be determined by thinking about the risks that can be born by the protocol and its users:

• if Midas is exploited, all the jFIAT in Midas will be in the circulating supply and could steal all the protocol's collateral

• if we supply too much liquidity and most of this liquidity is being borrowed and sold in the pools, it can block temporarily the users of the protocol from selling jFIATs; this risk is quite low since it has never happened before, and it can be countered by withdrawing all the remaining liquidity to make the interests rate higher, forcing the users to repay their debt

The question is therefore how much % of jFIAT we are willing to risk by depositing them into Midas. Midas has been audited by Zellic (same auditor as Jarvis) and is a fork of Fuse (with some modifications) but is not battle tested yet.

Worth to mention: we can always work around the interest rate model to adjust the risks: for ex, we could vote on printing 10% of the circulating supply but to have an interest rate model that will allow borrowing almost all of this 10% without having high-interest rates.

How much % of the jFIATs minted through the pool should be minted?