Jarvis Network - Synthereum
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  • πŸ§ͺWelcome in Synthereum
  • πŸ“šBasics
    • Mission
    • Synthetic stablecoins
    • Primary and secondary markets
    • πŸ’°Official app
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  • πŸ”Protocol overview
    • jFIATs
      • On Arbitrum
      • On Avalanche
      • On Base
      • On BNB Chain
      • On Gnosis Chain
      • On Optimism
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    • Super jFIATs
    • Liquidity Pools
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    • Credit Lines
      • Base
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    • Lending markets on Morpho
    • Wrappers
      • Polygon
    • Money Printer
      • BNB Chain
      • Polygon
    • Liquidity Router
    • Bridge
    • Stability mechanism
    • JARVIS token
      • Token information
    • Treasury
  • 🚨Risks warning
    • Audits
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  1. Basics

Primary and secondary markets

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Last updated 2 years ago

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Anyone can acquire jFIATs on both primary and secondary markets.

Primary market

jFIATs primary market is the Synthereum protocol. The latter mints jFIATs whenever someone buys them using the or the or borrows them using the or the Money Printer.

Secondary markets

jFIATs secondary markets are all the decentralized exchanges and money markets where they are supported. The protocol can seed these markets using the Money Printer.

Many arbitrages happen between primary and secondary markets, harmonizing their prices and the interest rate across all the markets.

πŸ“š
Liquidity Pools
Wrappers
Credit Line