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Jarvis NetworkJarvis Networkby0xe80a6A7B4FdADF0AA59F3f669a8d394D1d4dA86b0xe80a…A86b

p86 Uniswap V3 as a wrapper for EURe-jEUR

Voting ended almost 3 years agoSucceeded

[Printer + UniV3 pools = Printer] This proposal aims to use the printer combined with concentrated liquidity pools like UniV3 to create the equivalent of a Wrapper easily on any chain.

We already have in place an official wrapper but it is only supported by stableswap (or etherscan for power users ) for now. Using this method would allow this new Wrapper to be instantly available on Paraswap, 1inch and other aggregators. 100% of the fees would go to the treasury if deployed on UniV3.

How to proceed : The treasury prints a given amount of jFIAT and create a very concentrated single sided position around the value 1. I suggest using the smallest fee tier possible in order to be attractive and have the most concentrated position possible.

Risks : Only additionnal risk identified with this method is the hack of UniV3, being fairly battle tested I consider this risk as very low.

As a first trial for this new printer it is suggested that 25k jEUR are printed and placed on most concentrated single sided position on EURe-jEUR UniV3 pool ( 0.01% fee )

imageeee.png

Further discussion with Pascal and more details on the functionning can be seen here :

https://discord.com/channels/664096525986824243/1083524027089432708/1083525974651576421

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Discussion

Jarvis Networkp86 Uniswap V3 as a wrapper for EURe-jEUR

Timeline

Mar 16, 2023Proposal created
Mar 16, 2023Proposal vote started
Mar 20, 2023Proposal vote ended
Oct 26, 2023Proposal updated