Waktu : July 15th, 20.00 PM UTC+7 di Cryptoiz Telegram Group
Group : Cryptoiz  https://t.me/cryptoizindonesia
Tamu : CEO MR, Pascal Tallarida & CM Mr, Vsevolod Potorocha
Reward : $100

Q1: For @Pascal_Tallarida and @Vsevolod_Potorocha Can you introduce yourself to the community? What is your background and how did you build Jarvis Network?

Pascal Tallarida :I am Pascal and I have been trading for the past 14 years 🙂 So I can say I am Forex Veteran , I also have launched successful companies for the past 10 years in the retail trading industry (prop trading firm, trading arcade and trading school), which allowed me to become known in France, recognized by my peer, but most importantly it allowed me to build a strong community of +34k French speaking traders.

As we were developing software and algorithm for our prop trading activity, we started developing interfaces as well, like trading interfaces. This is how we started Jarvis Trader.

Then 3 years ago, I fell in love with crypto trading and we plugged Jarvis Trader to Poloniex. The idea was then to have a single trading platform which can connect to both Brokers to trade Fx and stocks and Exchanges to trade Crypto.

This is how Jarvis network was born 🙂 When we found out that Smart contract could replace both brokers and exchanges, we decided to build a technology that allow to trade anything on the planet, instead of just a platform which connects to multiple markets.

Vsevolod : Hello evereyone, again:) I am Vsevolod. Initially I joined other company of Pascal – a trading firm (they teach student how to trade on legacy markets). And during my time there I saw his working on the Jarvis project and I just could not pass by. Now I am a community manager at Jarvis Network and my main role is to deliver all the new and updates that we have, as well as help our community to understand the project and DeFi in general

Host : Wow nice background bro, everyone have their history before jump to crypto and mostly come from forex trader

Q2: Can you briefly describe what is Jarvis Network?

Pascal Tallarida :Jarvis network’s vision is to universalize and uberize finance. We want to provide to everyone the access to any financial market (universalize) and we want to give the opportunity to anyone to provide such access against a fee (uberizing brokerage).

So what we are building is like the Uber of Broker: anyone could become a broker and therefore we ware building the largest broker in the world, alltogether More technically, Jarvis network is a set of protocols which allow to gain exposure to the price of any asset against liquidity pools.We have two main protocols at the moment:

Our first protocol is the Margin protocol (Margineum), a trust-minimized off-chain trading protocol: you have the scalability of a Bitmex or of an Interactive Broker, but the trustlessness of a Uniswap.

This protocol allows users to open leveraged positions on many markets against liquidity pools, supplied by liquidity providers, who can, if they want, fully hedge their exposure on their broker or exchange (through API).

Our second protocol is the Synthetic protocol that we named Synthereum. It is an on-chain trading protocol: you can use it in many other DeFi protocols (it is a building block), which is built on top of UMA protocol.

It allows users to mint synthetic assets tracking the price of any asset (fiat, crypto, stocks) without over-collateralization. For example, to mint DAI you need to overcollateralize at least 150%; to mint sUSD (Synthetix), you need to deposit 800% of collateral.

What is cool with these 2 protocols is that they are symbiotic: synthetic assets can be used as a deposit asset in Margineum, so you can trade BTC with leverage or Indexes using a deposit in jEUR, or jJPY as ex. And LP in Synthereum can hedge their risk using Margineum, to remain market neutral, Then we have our JRT token which is used to capture the value generated by the protocols. It is a token for governance and staking, with also a buy back and burn mechanism

Host : Wow very good fundamental of your token JRT its good for HODL and investor nice!

Q3: What technology stands behind Jarvis Network and What are its advantages from other competitor ?

Pascal :Margineum uses a sidechain and IPFS and Synthereum is being built on the top of UMA. Both uses Dai and USDC. One the technology used with UMA is called priceless framework: it allows to do not use Oracle to avoid front-running and to make the synthetic assets more scalable by having a real-time price feed. The idea is that as soon as all the stakeholders are happy and agree on a price, there is no need for an on-chain price feed.We may also use ZK technologies on Margineum.

Q4: What are the main goals of Jarvis Network until end of 2020?

Pascal Tallarida : We do not make promises or launch date; we just work according to a very vague roadmap. The idea is to launch our Margin and Synthetic protocol officially during the q3, Yet, our Margin protocol v0 is on the mainnet for 3 months with few traders to test, and we have already generated 16M dollars of trades,The synthetic protocol v0 has been launched on the testnet in February, to mint jEUR, jCHF, jGBP, and jGOLD, with UMA and Chainlink. The v1 of the Synthetic protocol removed Chainlink for the priceless framework and is already on testnet. The most exciting feature for me will be the conversion between synthetic assets 🙂

Question and answer session

Question : Jarvis has the marging protocol and synthetic protocol, when is it better to trade in one of another? What is the meaning of their names,opatija and sozopol respectively?

Answer :Margin protocol is off-chain: so you should use it when you want scalability, speed.You also should use it when you want to do Margin trading or to short an asset. Synthetic protocol is on-chain: it is slower and more expensive.

You should use it when you want to exchange an asset for a synthetic asset (like converting $MKR for $jEUR as ex)

Question : What conditions are needed if I want to become a validator, do i have to staking certain amounts of JRT?

Answer : You will need to run a highly-available server and to stake a certain amount of JRT.

The amount will depend on the number of node and the total value lokced in Jarvis, in a ways that it is economically non-viable to game the system.

Question : $JRT means Jarvis reward token, how can i be rewarded with JRT? What is your vision for Jarvis Wallet in one year?

Answer : JRT give you access to DAO, DAO collects fees from from the protocols, and JRT holders can decide on the allocations of those fees. You can also stake JRT and become Relayer or Validor to secure the protocol (this will be done in the future). Now you can join our reward programs and supply liquidity for the JRT or join sponsirng pool – all reward programs are rewared with JRT and in the future with a % of fees collected. More infor here: https://medium.com/jarvis-network/jarvis-reward-programs-ffb918cab94c

We want Jarvis Wallet to be your door to the DeFi world, so the idea is that non-crypo people could be easily onboarded useing Jarvis Wallet. It is already on mainnet and fasicliatated 40k of crypto purchase with Zero Fees (thanks to our sponsoring program). In the future we want to make an exeptional UI and let you to access any dApp just through couple of clicks.

Question : Do you have any plans to attract non-crypto investors to $JRT and how? What are the actions to increase awareness around $JRT in non-crypto space?Yes we do. We actually mainly target non-crypto users.

Answer : Yes we do. We actually mainly target non-crypto users.

Our plan is as follow:

1. we educate people a LOT. On Youtube, Telegram, Discord, Conference etc. if you give a lot of value to users, they will like you and they will want to use your product.

So we want to educate people about DeFi, trading, etc.

2. we want to have ambassador and partner who have trading community like the one I have; so Jarvis will partner with DMTrading (my 34k+ traders community) and few others in the world, to bring them the first users.

Question : also our biggest asset is a 0-fee fiat on-ramp to allow non-crypto user to buy Dai or USDc with 0 fee and 0 KYC 🙂 In educational terms, what is the contribution or strategy of Jarvis Network to attract Non-Crypto users?

Answer : Our main target audience is non-crypto people. Our goal is to make a seamless transition from fiat to crypto, as well as a lot of educational videos, guides article and etc. We believe that education is the key, when building a community.