[update].
18 Jan 2023, 23:17
[update]
We will publish tomorrow an article outlining our plans to re-collateralize the jFIATs without collateral, and compensate the users who lost jFIATs in the Midas exploit.
The final number of the jFIATs without collateral are:
▫️257k jEUR
▫️237k jCHF
▫️45k jGBP
[update]
The governance withdrew the available liquidity from money markets, to reduce the protocol’s exposure as well as to reduce the potential selling pressure on jEUR by short-sellers.
As such, interests on Aave and 0vix for jEUR have increased.
Same news in other sources
118 Jan 2023, 23:23
🇧🇷 The $BRZ Wrapper has been deployed on @0xPolygon, and will be deployed soon on @BNBCHAIN.
Wrappers allows to perform BRZ 🔁 jBRL a 1:1 ratio.
$jBRL bought with BRZ are minted by the Wrapper and backed by BRZ, and therefore backed by Brazilian Real through @transferogroup.
The $BRZ Wrapper has been deployed on @0xPolygon, and will be deployed soon on @BNBCHAIN.
🇧🇷 The $BRZ Wrapper has been deployed on @0xPolygon, and will be deployed soon on @BNBCHAIN.
Wrappers allows to perform BRZ 🔁 jBRL a 1:1 ratio.
$jBRL bought with BRZ are minted by the Wrapper and backed by BRZ, and therefore backed by Brazilian Real through @transferogroup.