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Jarvis NetworkJarvis Networkby0xe80a6A7B4FdADF0AA59F3f669a8d394D1d4dA86b0xe80a…A86b

p25 deploy Syntherium V2 on Optimism and use 40k$ of the treasury to become an LP

Voting ended over 3 years agoSucceeded

With the Start of OP incentives, liquidity has flown fast to the Optimism ( an Etherium layer 2 chain ) creating a lot of opportunities for yield and protocol usage.

This proposition aims at submitting to a vote both the deployement of Syntherium V2 to the Optimism Chain and the use 40k$ from the treasury to become an LP for jEUR.

This would allow for :

  • the minting of 400k$ worth of jEUR on OP chain.
  • farming USDC deposited as LP on AAVE with the OP incentives. ( UP to 34% APR at the time I'm writting this proposal for a 10x LP if fully utilized )
  • help Angle ( already deployed ) with agEUR 's peg.
  • showcase our protocol design especially compared to Syntethix which is already deployed on OP.

Feel free to join the discord channel to see the discussion about the proposal.

Off-Chain Vote

Deploy on OP and use 40k$ to LP
21.13M JRT100%
Deploy on OP but don't become LP
0 JRT0%
Don't deploy on OP
0 JRT0%
Download mobile app to vote

Discussion

Jarvis Networkp25 deploy Syntherium V2 on Optimism and use 40k$ of the treasury to become an LP

Timeline

Aug 11, 2022Proposal created
Aug 11, 2022Proposal vote started
Aug 14, 2022Proposal vote ended
Oct 26, 2023Proposal updated