Jarvis Network - Synthereum
BlogSiteTwitter
  • ๐ŸงชWelcome in Synthereum
  • ๐Ÿ“šBasics
    • Mission
    • Synthetic stablecoins
    • Primary and secondary markets
    • ๐Ÿ’ฐOfficial app
    • ๐Ÿ—ฃ๏ธDiscord
  • ๐Ÿ”Protocol overview
    • jFIATs
      • On Arbitrum
      • On Avalanche
      • On Base
      • On BNB Chain
      • On Gnosis Chain
      • On Optimism
      • On Polygon
    • Super jFIATs
    • Liquidity Pools
      • Arbitrum
      • Avalanche
      • Base
      • BNB Chain
      • Gnosis Chain
      • Optimism
      • Polygon
    • Credit Lines
      • Base
      • Arbitrum
      • Avalanche
      • BNB Chain
      • Optimism
      • Polygon
    • Lending markets on Morpho
    • Wrappers
      • Polygon
    • Money Printer
      • BNB Chain
      • Polygon
    • Liquidity Router
    • Bridge
    • Stability mechanism
    • JARVIS token
      • Token information
    • Treasury
  • ๐ŸšจRisks warning
    • Audits
    • Risks
Powered by GitBook
On this page
  • Revenues
  • Minting
  • Redemption
  • Risks
  • Addresses

Was this helpful?

  1. Protocol overview

Super jFIATs

Super jFIATs (sjFIAT) are yield-bearing jFIATs using the ERC4626 standard. They accrue yield by simply holding them following an exchange rate.

PreviousOn PolygonNextLiquidity Pools

Last updated 5 months ago

Was this helpful?

Revenues

The governance decides what portion of the revenue should be allocated to Super jFIATs. Periodically, the governance converts the protocol's revenue to jFIATs and deposits them into the Super jFIATs contract using the .

Superfluid allows for streaming rewards block by block and adjusting the number of jFIATs streamed per block. This gives governance the flexibility to increase or decrease the stream to impact

Minting

Super jFIATs are minted by depositing jFIATs in the contract, following the exchange rate calculated by the contract.

The exchange rate is non-linear and is calculated by taking the ratio between the jFIATs deposited by users and the total jFIATs in the contract (jFIATs deposited by the user + jFIATs streamed).

Redemption

Super jFIATs can be redeemed for jFIATs following the exchange rate.

Risks

Super jFIATs are constructed on the Super Fluid protocol, thus inheriting its risks, along with those associated with jFIATs outlined in Risks.

Addresses

Base

Name
Contract

Super jEUR

๐Ÿ”
Superfluid protocol
0x89cc...09f9
SuperjEUR.svgSuper Euro.png
SuperjEUR.svg
Super Euro.png