At Stable Jack, we have been building the first yield-bearing stablecoin on Avalanche for the last six months. We are glad to share that we are going to launch on mainnet soon! We launched our journey almost a year ago after the $USDC depeg because we believe there is a place for decentralized stablecoins. During this process, we saw that some stablecoins created massive financial losses like $UST while new types of stablecoins were emerging such as yield-bearing stablecoins. This experience ...

At Stable Jack, we have been building the first yield-bearing stablecoin on Avalanche for the last six months. We are glad to share that we are going to launch on mainnet soon! We launched our journey almost a year ago after the $USDC depeg because we believe there is a place for decentralized stablecoins. During this process, we saw that some stablecoins created massive financial losses like $UST while new types of stablecoins were emerging such as yield-bearing stablecoins. This experience ...

The DeFi is meant to break the chains of TradFi. This requires innovative and daring products to be launched, and tested. We have seen many groundbreaking protocols such as Ethereum, Avalanche, Maker DAO, Uniswap, and Curve that share the same mindset and goals. Platypus was among these groundbreaking protocols that had the potential to break the chains of TradFi. It reached over 1b$ in TVL at its peak. However, some setbacks have prevented Platypus from becoming mainstream. At Stable Jack, w...

The DeFi is meant to break the chains of TradFi. This requires innovative and daring products to be launched, and tested. We have seen many groundbreaking protocols such as Ethereum, Avalanche, Maker DAO, Uniswap, and Curve that share the same mindset and goals. Platypus was among these groundbreaking protocols that had the potential to break the chains of TradFi. It reached over 1b$ in TVL at its peak. However, some setbacks have prevented Platypus from becoming mainstream. At Stable Jack, w...

A stablecoin protocol has only one task to complete. It is to maintain the peg of the stablecoin. As Stable Jack, our priority is to maintain the peg of aUSD at $1 at every market condition and we have taken significant measures to accomplish this task. In this article, we will detail the Stability Mode behind the aUSD and answer some of the frequently asked questions from our community. Collateralization ratio (CR) plays a major role in Stable Jack to maintain the peg of aUSD. Unlike other C...

A stablecoin protocol has only one task to complete. It is to maintain the peg of the stablecoin. As Stable Jack, our priority is to maintain the peg of aUSD at $1 at every market condition and we have taken significant measures to accomplish this task. In this article, we will detail the Stability Mode behind the aUSD and answer some of the frequently asked questions from our community. Collateralization ratio (CR) plays a major role in Stable Jack to maintain the peg of aUSD. Unlike other C...

We are happy to announce that our testnet for whitelisted participants is LIVE! As we are building the first yield-bearing stablecoin powered by AVAX LSTs, we want our dedicated community members to use the product and share their feedback with us before the mainnet launch. The active testnet participants (those who completed all tasks) will be generously rewarded! Don’t miss this opportunity! This article will provide an overview of the protocol and explain how you can use it. It doesn’t mat...

We are happy to announce that our testnet for whitelisted participants is LIVE! As we are building the first yield-bearing stablecoin powered by AVAX LSTs, we want our dedicated community members to use the product and share their feedback with us before the mainnet launch. The active testnet participants (those who completed all tasks) will be generously rewarded! Don’t miss this opportunity! This article will provide an overview of the protocol and explain how you can use it. It doesn’t mat...

Stablecoin trilemma is a tough problem to solve for builders in the ecosystem. Achieving scalability, capital efficiency, and decentralization at the same time is almost impossible. There have been several attempts to solve the stablecoin trilemma, and we believe that the CDP model, tailored by Liquity is one of the best solutions until now. At Stable Jack, we are developing a new model that opens a new chapter in the future of CDP stablecoins. We are improving the CDP model in several ways t...

Stablecoin trilemma is a tough problem to solve for builders in the ecosystem. Achieving scalability, capital efficiency, and decentralization at the same time is almost impossible. There have been several attempts to solve the stablecoin trilemma, and we believe that the CDP model, tailored by Liquity is one of the best solutions until now. At Stable Jack, we are developing a new model that opens a new chapter in the future of CDP stablecoins. We are improving the CDP model in several ways t...

As Stable Jack, we are excited to announce the Seed Launch Program. Seed Launch is an incentivized soft launch starting with the mainnet launch until the TGE of $JACK token in which early contributors will be rewarded with JACK Discount Tickets at the TGE. This means that users who participated in Seed Launch will be able to buy JACK tokens at a discount compared to its market price.Wanna some Discount Tickets, mate?How to participate in the Stable Jack Seed Launch? During the Seed Launch, us...

As Stable Jack, we are excited to announce the Seed Launch Program. Seed Launch is an incentivized soft launch starting with the mainnet launch until the TGE of $JACK token in which early contributors will be rewarded with JACK Discount Tickets at the TGE. This means that users who participated in Seed Launch will be able to buy JACK tokens at a discount compared to its market price.Wanna some Discount Tickets, mate?How to participate in the Stable Jack Seed Launch? During the Seed Launch, us...

During late 2023 and early 2024, we witnessed the rise of airdrops as a way to incentivize early contributors. As some airdrops resulted in huge profits thanks to being under-farmed, this new trend attracted huge interest among CT. As a result, several protocols adopted this trend quickly. For protocols, it is a good solution because it empowers protocols against users. It creates hype and speculation which surely attracts attention. In the end, founders can show VCs that they have traction a...

During late 2023 and early 2024, we witnessed the rise of airdrops as a way to incentivize early contributors. As some airdrops resulted in huge profits thanks to being under-farmed, this new trend attracted huge interest among CT. As a result, several protocols adopted this trend quickly. For protocols, it is a good solution because it empowers protocols against users. It creates hype and speculation which surely attracts attention. In the end, founders can show VCs that they have traction a...

At Stable Jack, we have been building the first yield-bearing stablecoin on Avalanche for the last six months. We are glad to share that we are going to launch on mainnet soon! After grinding for months to find a model that is both scalable and decentralized, we concluded that liquid staking tokens could be a great solution for us. When thinking about the LST ecosystem on Avalanche, BENQI is the first protocol that comes to everyone’s mind. After connecting with the BENQI team, they wrote Sta...

At Stable Jack, we have been building the first yield-bearing stablecoin on Avalanche for the last six months. We are glad to share that we are going to launch on mainnet soon! After grinding for months to find a model that is both scalable and decentralized, we concluded that liquid staking tokens could be a great solution for us. When thinking about the LST ecosystem on Avalanche, BENQI is the first protocol that comes to everyone’s mind. After connecting with the BENQI team, they wrote Sta...

UST’s infamous collapse in 2022 has significantly affected the stablecoin landscape, creating a suspicious outlook against new stablecoin models. As a result, new stablecoin models are without hesitation called algorithmic stablecoins that are destined to depeg. We saw that there are some questions regarding how aUSD is different than UST in our community. In this article, we’ll explain why aUSD is completely different than UST. By doing so, we will prove that aUSD has a strong peg mechanism ...

UST’s infamous collapse in 2022 has significantly affected the stablecoin landscape, creating a suspicious outlook against new stablecoin models. As a result, new stablecoin models are without hesitation called algorithmic stablecoins that are destined to depeg. We saw that there are some questions regarding how aUSD is different than UST in our community. In this article, we’ll explain why aUSD is completely different than UST. By doing so, we will prove that aUSD has a strong peg mechanism ...

Hey Avalanche Fam! We have always stated that we are dedicated to the growth of the Avalanche ecosystem and we believe that we can achieve this with the cooperation of major ecosystem partners, protocols, and communities across the Avalanche ecosystem. To realize this, we are happy to announce the Friend of Stable Jack Campaign. Who is the Friend of Stable Jack? Stable Jack is a lovely guy and he wants to be friends with anyone in the red chain! This can include the communities of NFT project...

Hey Avalanche Fam! We have always stated that we are dedicated to the growth of the Avalanche ecosystem and we believe that we can achieve this with the cooperation of major ecosystem partners, protocols, and communities across the Avalanche ecosystem. To realize this, we are happy to announce the Friend of Stable Jack Campaign. Who is the Friend of Stable Jack? Stable Jack is a lovely guy and he wants to be friends with anyone in the red chain! This can include the communities of NFT project...

At Stable Jack, we have been building the first yield-bearing stablecoin on Avalanche for the last six months. We are excited to share that we are launching on the mainnet soon! After developing our products for months, we sought to partner with the best projects in the ecosystem to ensure a smooth launch. Trader Joe is one of the OG Avalanche protocols and the most well-known project in the crypto ecosystem. With their innovative product, Liquidity Book, they have revolutionized not just Ava...

At Stable Jack, we have been building the first yield-bearing stablecoin on Avalanche for the last six months. We are excited to share that we are launching on the mainnet soon! After developing our products for months, we sought to partner with the best projects in the ecosystem to ensure a smooth launch. Trader Joe is one of the OG Avalanche protocols and the most well-known project in the crypto ecosystem. With their innovative product, Liquidity Book, they have revolutionized not just Ava...

At Stable Jack, we have been building the first yield-bearing stablecoin on Avalanche for the last six months. We are excited to share that we are launching on the mainnet soon! Although the LST ecosystem has matured in Avalanche, there aren’t applications to unlock the idle LST liquidity. Stable Jack, by building on LST protocols will fill the much-needed space in Avalanche by creating a yield-bearing stablecoin and leveraged token. When thinking about building on Avalanche, Yield Yak is one...

At Stable Jack, we have been building the first yield-bearing stablecoin on Avalanche for the last six months. We are excited to share that we are launching on the mainnet soon! Although the LST ecosystem has matured in Avalanche, there aren’t applications to unlock the idle LST liquidity. Stable Jack, by building on LST protocols will fill the much-needed space in Avalanche by creating a yield-bearing stablecoin and leveraged token. When thinking about building on Avalanche, Yield Yak is one...