# Stable Jack v2 is LIVE!

By [Stable Jack](https://paragraph.com/@stable-jack) · 2025-02-04

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We are happy to announce that **Stable Jack v2**, the premier **yield, volatility, and points market** for any asset, is **LIVE** now!

You can head over to our website and start enjoying the benefits of our new product. We believe that v2 will revolutionize the **DeFi ecosystem**.

The first collateral asset on Stable Jack v2 will be **$rsAVAX**, allowing investors to access **leveraged $rsAVAX yield** or **leveraged Suzaku points, Milk Points, and Stable Jack DT exposure**!

New assets are on the way—sooner than you expect!

**Why did we build v2?**
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Stable Jack v1 was essentially a **yield and volatility market**, where investors exchanged the yield and volatility of collateral. This unlocked a new use case:

*   Earn **leveraged LST yield** while maintaining stablecoin exposure
    
*   Gain **leveraged long exposure** without **liquidation risk**
    

However, since the launch of Stable Jack v1, we realized our job isn’t done yet. There are several problems that Stable Jack can solve for investors, including:

*   **Unpredictable yields**
    
*   **Uncompetitive yields**
    
*   **Leverage for points farming**
    
*   **Lack of volatility trading solutions**
    

We built Stable Jack v2 to address these challenges while also improving its existing capabilities.

**What to expect with v2?**
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Stable Jack v2 will introduce four major use cases for investors:

*   **Fixed Yield Farming**
    
*   **Leveraged Yield Farming**
    
*   **Leveraged Points Farming**
    
*   **Leveraged Long Without Liquidation Risk**
    

Unlike existing products, **Stable Jack v2 is not built on an AMM model** but instead follows a **pool model**, which means:

*   **No slippage** for traders
    
*   **No impermanent loss** for LPs
    
*   **No need to bootstrap liquidity** for every new collateral
    

Thanks to these advantages, **Stable Jack can easily support any asset as collateral**. This is a huge value proposition, as traders can scale their positions while protocols and LPs don't have to commit excessive liquidity or risk impermanent loss.

Stable Jack v2 is designed with the goal of **simplifying the DeFi UI/UX experience**, which has been a major barrier to retail adoption. With our **Basic Mode**, even your grandma could use Stable Jack!

**What’s next for Stable Jack?**
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First of all, the job is **NOT FINISHED!**

With the launch of v2, our focus will be on:

*   Improving UI/UX and fixing any bugs that arise
    
*   Adding **new assets** as collateral
    
*   Expanding to **new chains**
    
*   Developing an **AI agent** to enhance user experience
    
*   Launching **structured yield products**
    

**Conclusion**
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We are still very early in this journey. Our roadmap is ambitious, and we’re determined to accomplish it together!

Are you going to be part of this journey, or are you going to fade it again\*\*,\*\* ANON?

Follow us on social media:

[Website](https://www.stablejack.xyz/)/[Twitter](https://twitter.com/StableJack_xyz)/[Discord](https://discord.gg/hPRgBkqgyF)/[Mirror](https://mirror.xyz/0xB6A9985CFac4f9F0ca873aF6e1c814B2d3548AC9)/[Gitbook](https://stablejack.gitbook.io/ausd-protocol/)/[Debank](https://debank.com/official/Stable_Jack)

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*Originally published on [Stable Jack](https://paragraph.com/@stable-jack/stable-jack-v2-is-live)*