pascal0x πŸ§ͺπŸ¦‡πŸ”Š Profile picture
Playing with synthetic flavors at @Jarvis_Network.
Nov 9, 2022 β€’ 10 tweets β€’ 6 min read
Let me expand a bit on it :)

1/9 DeFi as backend for invest: access to the crypto market exposure (buy and hold, trading, yield).

Ex: cheap L1/2 + web2 login + social + on/off-ramp + Forex + liquidity (spot + perp) + saving account = backend that never goes down, on top of which you build an app.

2/9
Dec 18, 2021 β€’ 7 tweets β€’ 3 min read
Cool for DeFi users! But the real deal is bigger!

@paraswap's API will allow jFIATs to be integrated everywhere.

I have been in touch with custodial wallets, OTC desks/brokers, and entrepreneurs from Africa and Europe for a while now. This is what they were expecting!

1/7 For me, the end goal of what we do at Jarvis is to become the backbone of on-chain stablecoin liquidity, thanks to our 0-slippage on-chain Forex market #deforex #defx.

Whether it is through our #PLAAS program which helps other stablecoins with their peg and liquidity ...

2/7
Dec 11, 2021 β€’ 9 tweets β€’ 3 min read
Some people are asking me what would happen to @Jarvis_Network if stablecoins become heavily regulated and/or if non-KYCed wallets become impossible to use for normies?

Worry not! DeFi has 2faces:

1. user-facing dapps, powered by protocols.
2. backend for finance.

⬇️⬇️

1/9 What I will say applies to other protocols, like @AaveAave or @Uniswap for example.

2/9
Nov 27, 2021 β€’ 7 tweets β€’ 4 min read
#PLAAS in action in @CurveFinance on @0xPolygon through the 4eur pool and @DFXFinance

USDC > EURT > EURS > USDC

Profit: +1.81% (almost no gas, thanks Polygon).

A bit more about this arb in a short 🧡and why collab > profits maximalism for bringing more value to Polygon.

1/7 More $USDC would have been made with $jEUR through jarvis.exchange since:

1. there is no price impact with jEUR (I had a tiny slippage on DFX)

2. there is more jEUR in the 4eur pool (so I would have gotten 10 euros more).

2/7
Nov 5, 2021 β€’ 8 tweets β€’ 3 min read
The Forex Farming program overpassed $10.5M on @KyberNetwork on @0xPolygon.

It. Is. Incredible!

We spent money on this program. $JRT, $USDC, $jFIAT and $UMA. Was it worth it? What did it bring us?

Honestly, a bright future... a thread with some alpha...

1/8 First, thank you @dydymoon1! Without his initiative, we would have never been on @beefyfinance.

I was like: Beefy won't be interested in us. We are too small; we are not known... I was a cretin.

Beefy helped us get bigger; get more known...

2/8