⏩ TLDR

• Synthereum V2 on BSC with USDC as collateral and LP Vault.

• Calculation automatically of the bribe in the stJARVIS staking page.

• $1M liquidity on Aerodrome.

• 3 new proposal and discussions on the governance forum.

🗞️ Quick news

Synthereum v2 fully deployed on BSC

Synthereum v2, with all its modules, including the LP Vaults, have been deployed on the BNB Chain. It now uses USDC as collateral.

$1M of liquidity on Aerodrome

Re-birth of the governance

Beefy has been cooking something…

Efficiency of our bribes

🧪 Protocol

• We have deployed Synthereum v2 and 2 LP Vaults: the USDC-jCHF 150% and 200%, and the USDC-jBRL 150% and 200%. 150% means that the virtual liquidity is 2 times the liquidity deposited in the vault. 200% means that the virtual liquidity is 1 time the liquidity deposited in the vault.

• We have started deploying the Synthereum v2 on Gnosis Chain.

📱 Application

• We have integrated the V2 on BSC on the application.

• We have added a “auto-bribe” features on the staking page: it calculates automatically the value of the bribe an LP should deposit, according to their deposited liquidity.

🗳️ Governance

Discussion

• JIP 1: structure the organization of the multi-sig signers and allocate a budget for compensating the signers.

• JIP 3: change the signers of the multi-sig.

Proposal

• JIP 2: invest $140k-$180K on Aerodrome and on Ellipsis and participate to the flywheels.