Review on Jarvis Network by Kenan Chalabi

Hello everyone, my name is Pullu Qaqas, and I am going to talk you abot Jarvis network, its founders, aims and successes.

I believe that a new type of financing is possible that exists entirely on the blockchain (we call it decentralized financing or DeFi), and will coexist with traditional finance, fill the gap left by the latter and even compete for a share of the quota market. ; DeFi will create a lot of value for all stakeholders, and Jarvis is poised to become one of its engineering components and a major gateway.

I will never thank the crazy people who followed and supported this project financially.

Decentralized finance?

Decentralized finance (or DeFi) is a financial system whose infrastructure is based on blockchain, so it is open, transparent and fully programmable.

Therefore, it allows the re-creation of existing financial products and services (insurance, transactions, derivatives, loans, rental properties, etc.) on the blockchain, but it also allows for products that were previously synonymous with science fiction Innovation (lottery tickets or donations that do not lose money, assets that generate interest, etc.);

These products inherit the characteristics of the blockchain, so they are auditable, can be automated and become fully autonomous;

finally provides all of these previously Investment products and solutions reserved by institutional investors (liquidity, hedge funds, etc.).

Jarvis Network

Visit https://jarvis.network

Jarvis Network is a set of protocols in Ethereum, used to popularize and optimize finance, especially financial products and markets. It is owned by DAO.

Jarvis "blockchainized" the traditional financial market, making it open, transparent, interoperable and programmable, and ultimately disintermediating it.

These agreements allow users to access the price of any financial instrument through the negotiation of margins and / or synthetic assets (for convenience, we will say that users negotiate, invest and open positions in these instruments) and / or provide liquidity required. The deal works without a hitch.

These products inherit the characteristics of the blockchain, so they are auditable, can be automated and become fully autonomous;

Margin agreement

Off-chain transaction agreement with trust minimization

This agreement allows users to establish leveraged positions in different markets, such as currencies, indices, stocks or cryptocurrencies, with Dai as collateral.

Negotiate with a liquidity pool provided by a liquidity provider (LP) The liquidity provider has established rules (spreads, commissions, leverage, supported markets, price sources, etc.) to effectively run the brokerage business. It is convenient. LPs can run "No Dealing Desk" or "Dealing Desk" nodes to hedge their risks, or execute complex market-making strategies with their brokers, exchanges, or other institutional partners.

You can read the special article:

Jarvis Agreement and Market Makers

Synthetic Protocol (Synthereum)

An on-chain transaction protocol

uses the UMA platform, which allows users to create tokens that track the price of any traditional or digital asset. They can be directly converted through smart contracts, with no counterparties, spreads or slippage: users burn a token (1 Euro synthesis) and mint another token atomically, rather than exchange between buyers and sellers. Value (0.8 sterling).

They deposit the collateral in the liquidity pool provided by LP, which is responsible for ensuring the over-collateralization of minted assets. This obligation brings financial risks to LPs, which can be hedged by margin agreements.

You can read the feature article:

Synthereum: Synthereum of Jarvis

We launched a Gitcoin grant to help us fund the project: donate 1 Dai, we will get a return of up to 50 Dai...

Application

dApps integration of one of the protocols may increase fees to generate revenue. In this case, part of it will be used to automatically repurchase JRT from the market and destroy them.

Although anyone can develop applications on top of the protocol, we have opened different companies in different jurisdictions, becoming the first company to do so, and providing end users with seamless decentralized applications (DApps) to interact with the protocol: Jarvis Market and Jarvis Folder.

Jarvis Market

Visit https://jarvis.market

Jarvis Market allows interaction with margin and synthetic protocols. It is a trading platform that provides spot and margin trading for active investors. The

spot trading model increases the liquidity of various Cex and Dex, allowing users to trade any ERC20 tokens (and synthetic assets) at the most favorable price.

Eventually, the platform will provide social functions by integrating 3box and Set Protocol.

Jarvis Market uses Jarvis Trader, which is a proprietary, independent trading platform that allows traders to connect to various traditional exchanges and brokers.

Jarvis Wallet

Visit https://jarvis.money

Pascal (pascal.jarvis.eth on Twitter).

The possibilities are endless

Risk warning: investment Digital financial assets involve high degree of risk and volatility, and are not suitable for all investors; don't risk more than the loss you can bear. Consult an independent professional legal or financial advisor to make sure the product is right for you.

Disclaimer: This article contains text, data, graphics, photographs, illustrations and information ("Information") relating to Jarvis International and / or other Jarvis Group entities ("Jarvis"). Jarvis strives to ensure that the information is accurate, but the information is provided "as is" and "as available" and may be inaccurate or not up to date. The publication of this article does not mean that Jarvis requires the purchase of "Jarvis Reward Token", nor should it be construed as Jarvis's recommendation on the applicability of any investment.

So, the conclusion is that the platform is good but also risky a bit.