Jarvis Brazilian Real
1. Summary
- Description
-
The Jarvis Brazilian Real project focuses on creating non-USD synthetic fiat currency backed by USDC and yield-bearing assets such as staked ETH and real-world assets (RWAs). Users can buy from or sell to the protocol, as well as borrow from it. The synthetic fiat currency, jBRL, is redeemable in USDC (or BUSD on BNB Chain) since anyone can sell to...
The Jarvis Brazilian Real project focuses on creating non-USD synthetic fiat currency backed by USDC and yield-bearing assets such as staked ETH and real-world assets (RWAs). Users can buy from or sell to the protocol, as well as borrow from it. The synthetic fiat currency, jBRL, is redeemable in USDC (or BUSD on BNB Chain) since anyone can sell to the protocol for USDC.
Key Features
- Redeemability for USDC (or BUSD): This feature ensures that jBRL can be exchanged for USDC or BUSD.
- Multi-Integration: The project integrates yield, fiat on/off-ramps, and other assets to enhance user experiences.
History
The Jarvis Brazilian Real project was launched in 2020 with the introduction of its first stablecoin.
Future Developments
- Expansion of Real-World Assets: The project aims to incorporate more diverse RWAs, including Brazilian ETFs, corporate, and government bonds to further collateralize borrowing.
Use Cases
- Yield Generation: Users can earn yields through staked assets.
- BRL Exposure: jBRL provides users with exposure to the Brazilian Real (BRL) without the need for direct holdings.
- Payment: The synthetic currency can be used for payments.
- Fiat On and Off-Ramps: Users can convert between fiat currencies and jBRL using the protocol.
| Price | |
| 52W High price | $0.22 |
| 52W High date | 15th Nov 2023 (1 year ago) |
| All Time High (ATH) Date | 18th Feb 2025 (4 months ago) |
| All Time Low (ATL) Date | 18th Feb 2025 (4 months ago) |
| Supply & Trading Volume | |
| Trading Volume (24h) | $4.00 |
How does Jarvis Brazilian Real's () performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
%
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Similar Market Cap
No GitHub repos found. Either the project is not open source or we don't have data yet.
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Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | |
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| Active Reddit Users (past 24h) | |
| Discord users | |
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| Twitter followers |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://jarvis.network |
|---|---|
| Explorer | https://polygonscan.com/token/0xf2f77FE7b8e66571E0... |
| @Jarvis_Network |
What is the correct contract address for Jarvis Brazilian Real?
| Polygon-pos | 0xf2f77fe7b8e66571e0fca7104c4d670bf1c8d722 |
|---|---|
| Binance-smart-chain | 0x316622977073bbc3df32e7d2a9b3c77596a0a603 |
Has Jarvis Brazilian Real been audited for security?
No security audits found for this project.
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