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Stable JackReflections on 2025 and the Future of StableJack
2025 has been an eventful year for StableJack. We successfully launched v2, completed our TGE, added new markets, and rolled out the pre-beta version of our AI-powered trading terminal. In this article, I want to share our thoughts on the current state of StableJack and our vision for the future.Our RootsFor those who may not know us, we launched StableJack v1 on Avalanche around June 2024. At the time, we were three first-time co-founders who had been self-funding the project for nearly six ...
Stable JackPlatypus Takeover Announcement
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...
Stable JackExploring Stable Jack’s Working Mechanism
We are developing a new yield-bearing stablecoin which has not been explored by many yet. As a result, explaining the mechanism behind our model is crucial. Stable Jack partitions AVAX volatility into two products to have a new yield-bearing stablecoin, called aUSD, while also creating a volatile AVAX token, called xAVAX. To make things simpler, we should consider the entire system as one big CDP in which:the total AVAX reserve represents the total CDP collateralthe total aUSD supply represen...
Stable JackReflections on 2025 and the Future of StableJack
2025 has been an eventful year for StableJack. We successfully launched v2, completed our TGE, added new markets, and rolled out the pre-beta version of our AI-powered trading terminal. In this article, I want to share our thoughts on the current state of StableJack and our vision for the future.Our RootsFor those who may not know us, we launched StableJack v1 on Avalanche around June 2024. At the time, we were three first-time co-founders who had been self-funding the project for nearly six ...
Stable JackPlatypus Takeover Announcement
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...
Stable JackExploring Stable Jack’s Working Mechanism
We are developing a new yield-bearing stablecoin which has not been explored by many yet. As a result, explaining the mechanism behind our model is crucial. Stable Jack partitions AVAX volatility into two products to have a new yield-bearing stablecoin, called aUSD, while also creating a volatile AVAX token, called xAVAX. To make things simpler, we should consider the entire system as one big CDP in which:the total AVAX reserve represents the total CDP collateralthe total aUSD supply represen...
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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 Stable Jack’s first angel check, an invaluable support that opened so many doors for us.
As we are launching our protocol on mainnet soon, we are happy to announce our partnership with BENQI!
What does the partnership look like?
At Stable Jack, users can deposit $USDC, $USDT, $AVAX, or $sAVAX as collateral to mint $aUSD or $xAVAX. The protocol converts all assets into $sAVAX so that the protocol can generate LST yield. This increases the $sAVAX supply, unlocks idle assets, and creates new use cases for $sAVAX.
With a strong demand for both $aUSD or $xAVAX from the community, Stable Jack can directly mint $sAVAX, increasing the supply of $sAVAX. This can directly help BENQI to achieve its goals.
On the other hand, BENQI will soon launch isolated lending markets that can attract new demand for the protocol, and $xAVAX and $aUSD can be used as collateral assets after the required liquidity analysis. This will create new use cases for both tokens and increase demand for Stable Jack.
Conclusion
Stable Jack is one of the newcomer projects in the Avalanche ecosystem and we are happy to receive support from the BENQI team since the beginning. We hope that we can bring value to the ecosystem and achieve success!
Let’s grow together!
Website/Twitter/Discord/Mirror/Gitbook/Debank
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 Stable Jack’s first angel check, an invaluable support that opened so many doors for us.
As we are launching our protocol on mainnet soon, we are happy to announce our partnership with BENQI!
What does the partnership look like?
At Stable Jack, users can deposit $USDC, $USDT, $AVAX, or $sAVAX as collateral to mint $aUSD or $xAVAX. The protocol converts all assets into $sAVAX so that the protocol can generate LST yield. This increases the $sAVAX supply, unlocks idle assets, and creates new use cases for $sAVAX.
With a strong demand for both $aUSD or $xAVAX from the community, Stable Jack can directly mint $sAVAX, increasing the supply of $sAVAX. This can directly help BENQI to achieve its goals.
On the other hand, BENQI will soon launch isolated lending markets that can attract new demand for the protocol, and $xAVAX and $aUSD can be used as collateral assets after the required liquidity analysis. This will create new use cases for both tokens and increase demand for Stable Jack.
Conclusion
Stable Jack is one of the newcomer projects in the Avalanche ecosystem and we are happy to receive support from the BENQI team since the beginning. We hope that we can bring value to the ecosystem and achieve success!
Let’s grow together!
Website/Twitter/Discord/Mirror/Gitbook/Debank
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