The 4th week of Stable Jack's Testnet Journey continues!
We have seen significant attention from our community with great feedback that helped us to deliver a better product!
Great to feel that our community has supported us since the beginning and we will make sure our first supporters will be REWARDED accordingly!
Now it is time for the fourth week! It will end on Wednesday!
https://x.com/StableJack_xyz/status/1781750497155625397
We have seen significant attention from our community with great feedback that helped us to deliver a better product!
Great to feel that our community has supported us since the beginning and we will make sure our first supporters will be REWARDED accordingly!
Now it is time for the fourth week! It will end on Wednesday!
https://x.com/StableJack_xyz/status/1781750497155625397
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$xAVAX Value Proposition Series 2⃣ - DeFi Composability
The open interest for $AVAX varies between $150m-300m on CEXs. This drains liquidity from Avalanche that can be used to bootstrap liquidity and revenue for both protocols and users.
However, thanks to $xAVAX, Stable Jack tokenizes these leveraged positions and users can access leverage positions just like they access on CEXs, but they can also use it on DeFi.
https://x.com/StableJack_xyz/status/1782126847041359912
The open interest for $AVAX varies between $150m-300m on CEXs. This drains liquidity from Avalanche that can be used to bootstrap liquidity and revenue for both protocols and users.
However, thanks to $xAVAX, Stable Jack tokenizes these leveraged positions and users can access leverage positions just like they access on CEXs, but they can also use it on DeFi.
https://x.com/StableJack_xyz/status/1782126847041359912
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Exploring Stable Jack’s Working Mechanism
Stable Jack partitions $AVAX volatility into two products:
a new yield-bearing stablecoin, called $aUSD
a leveraged $AVAX token, called $xAVAX
Wanna learn more? Check the thread below
https://x.com/StableJack_xyz/status/1782458477475995981
Stable Jack partitions $AVAX volatility into two products:
a new yield-bearing stablecoin, called $aUSD
a leveraged $AVAX token, called $xAVAX
Wanna learn more? Check the thread below
https://x.com/StableJack_xyz/status/1782458477475995981
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STABLE JACK ANSWERS YOUR QUESTIONS! - Part 1⃣
Do you have any questions about the protocol?
Let us answer!
https://x.com/StableJack_xyz/status/1782728588862599411
Do you have any questions about the protocol?
Let us answer!
https://x.com/StableJack_xyz/status/1782728588862599411
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Stable Jack Early Supporter Campaign - $5,000 worth of $JACK Giveaway
🗓Ending: From 24rd April - 7th May
🗓Distribution: after TGE
How to participate?
Complete the tasks via: https://gleam.io/UhHIM/stable-jack-exclusive-airdrop-campaign
https://x.com/StableJack_xyz/status/1783183775276339232
🗓Ending: From 24rd April - 7th May
🗓Distribution: after TGE
How to participate?
Complete the tasks via: https://gleam.io/UhHIM/stable-jack-exclusive-airdrop-campaign
https://x.com/StableJack_xyz/status/1783183775276339232
gleam.io
Stable Jack $5,000 Worth of JACK Exclusive Airdrop Campaign
🗓Ending: From 24th April - 7th May 🗓Distribution: after TGE 🏆 Rewards 🏆 💲Total Reward Pool: $5,000 worth of JACK ✨Reward for 800 Eligible Random Winners & Top 50 Referrers✨ 💰800 Random winners will receive $5 worth of JACK each💰 🏆 Top 50 Referrers will share…
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The 4th week of Stable Jack's Testnet Journey has ended!
The eligible wallet addresses for boosted points are determined, check the tweet to learn more
If you have participated every week of the Testnet Journey, you will get 10% additional points during the mainnet launch. If you have participated in at least three weeks of the Testnet Journey, you will get 7.5% additional points!
Check the eligible wallet addresses below. If you think there is a problem, reach out to us on Discord!
https://docs.google.com/spreadsheets/d/1F9LcnPOfaFBTJAPB5J3_H69BggcC1Hs5TyOxt0kN2gE/edit?usp=sharing
https://x.com/StableJack_xyz/status/1783572476456276132
The eligible wallet addresses for boosted points are determined, check the tweet to learn more
If you have participated every week of the Testnet Journey, you will get 10% additional points during the mainnet launch. If you have participated in at least three weeks of the Testnet Journey, you will get 7.5% additional points!
Check the eligible wallet addresses below. If you think there is a problem, reach out to us on Discord!
https://docs.google.com/spreadsheets/d/1F9LcnPOfaFBTJAPB5J3_H69BggcC1Hs5TyOxt0kN2gE/edit?usp=sharing
https://x.com/StableJack_xyz/status/1783572476456276132
Google Docs
Testnet Participation_Lists - April 25
Every Week Participants
Stable Jack Active Testnet Participants
Note: If you can't find your wallet address here although you participated in the testnet at least 3 or 4 weeks, or if you think there is another problem, please reach out to us on Discord.…
Stable Jack Active Testnet Participants
Note: If you can't find your wallet address here although you participated in the testnet at least 3 or 4 weeks, or if you think there is another problem, please reach out to us on Discord.…
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Hey everyone, we will continue with our FAQ series 🙂
Let us know if there is any further question you want us to answer!
https://x.com/StableJack_xyz/status/1783921952358285379
Let us know if there is any further question you want us to answer!
https://x.com/StableJack_xyz/status/1783921952358285379
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$aUSD Value Proposition Series 2⃣ - Yield-Bearing
Do you know that there is no yield-bearing stablecoin on Avalanche?
With $aUSD, you will earn $sAVAX rewards by just depositing $aUSD into the Rebalance Pool. The yield will be ranging around 15%.
Check the below thread to learn more!
https://x.com/StableJack_xyz/status/1784266530273816939
Do you know that there is no yield-bearing stablecoin on Avalanche?
With $aUSD, you will earn $sAVAX rewards by just depositing $aUSD into the Rebalance Pool. The yield will be ranging around 15%.
Check the below thread to learn more!
https://x.com/StableJack_xyz/status/1784266530273816939
X (formerly Twitter)
Stable Jack🔺 - Migrated (@JackStable_xyz) on X
$aUSD Value Proposition Series 2⃣ - Yield-Bearing
Do you know that there is no yield-bearing stablecoin on Avalanche?
With $aUSD, you will earn $sAVAX rewards by just depositing $aUSD into the Rebalance Pool. The yield will be ranging around 15%.
1⃣During…
Do you know that there is no yield-bearing stablecoin on Avalanche?
With $aUSD, you will earn $sAVAX rewards by just depositing $aUSD into the Rebalance Pool. The yield will be ranging around 15%.
1⃣During…
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Our Co-Founder Caesar just got on a talk to discuss several topics on Stable Jack including protocol mechanism and the roadmap.
If you didn't listen yet, just check it out!
https://twitter.com/StableJack_xyz/status/1785008257464967321?t=YvltUf6EKIRm1isSnTZStg&s=19
If you didn't listen yet, just check it out!
https://twitter.com/StableJack_xyz/status/1785008257464967321?t=YvltUf6EKIRm1isSnTZStg&s=19
X (formerly Twitter)
Stable Jack🔺 | Launch soon! (@StableJack_xyz) on X
Do you wanna learn the latest updates from @StableJack_xyz?
@that_techieboy and @CaesarJulius0 discussed several topics ranging from the product mechanism to the roadmap.
Don't miss this episode!
@that_techieboy and @CaesarJulius0 discussed several topics ranging from the product mechanism to the roadmap.
Don't miss this episode!
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$xAVAX Value Proposition Series 3⃣ - No Funding Fee
To maintain a long position on a CEX you need to pay a funding fee of around 10-15%?
If you want to hold your long position for a long time, it will be very costly for you.
At Stable Jack, we are solving this issue!
Pay a 1% minting fee and that's all!
https://twitter.com/StableJack_xyz/status/1785355709917372594
To maintain a long position on a CEX you need to pay a funding fee of around 10-15%?
If you want to hold your long position for a long time, it will be very costly for you.
At Stable Jack, we are solving this issue!
Pay a 1% minting fee and that's all!
https://twitter.com/StableJack_xyz/status/1785355709917372594
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airdrops might be dead, but there is something better than airdrops
study Stable Jack
https://x.com/StableJack_xyz/status/1785980820072632377
study Stable Jack
https://x.com/StableJack_xyz/status/1785980820072632377
X (formerly Twitter)
Stable Jack🔺 | Launch soon! (@StableJack_xyz) on X
airdrops might be dead, but there is something better than airdrops
study @StableJack_xyz
study @StableJack_xyz
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$aUSD Value Proposition Series 3⃣ - Better Peg Mechanism
Most decentralized stablecoins lose their peg easily.
Did you ask why? Because there is no effective peg mechanism behind them.
https://twitter.com/StableJack_xyz/status/1786091427224576185?t=FlgAb5zBLUAAYoJwfA3EOw&s=19
Most decentralized stablecoins lose their peg easily.
Did you ask why? Because there is no effective peg mechanism behind them.
https://twitter.com/StableJack_xyz/status/1786091427224576185?t=FlgAb5zBLUAAYoJwfA3EOw&s=19
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We're going to meet one of our closest friends, FortiFi 👀
There is so much to talk about!
Join us and learn the latest developments from Stable Jack 😎
https://x.com/StableJack_xyz/status/1786820824747459061
There is so much to talk about!
Join us and learn the latest developments from Stable Jack 😎
https://x.com/StableJack_xyz/status/1786820824747459061
X (formerly Twitter)
Stable Jack🔺 | Launch soon! (@StableJack_xyz) on X
We're going to meet one of our closest friends, @FortiFi_ 👀
There is so much to talk about!
Join us and learn the latest developments from Stable Jack 😎
There is so much to talk about!
Join us and learn the latest developments from Stable Jack 😎
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$xAVAX Value Proposition Series 4 - Simplifying Looping
Are you tired of putting $AVAX as collateral, borrowing stables, converting them into $AVAX, and doing these transactions many times to have leveraged $AVAX positions?
https://x.com/StableJack_xyz/status/1787545308538294364
Are you tired of putting $AVAX as collateral, borrowing stables, converting them into $AVAX, and doing these transactions many times to have leveraged $AVAX positions?
https://x.com/StableJack_xyz/status/1787545308538294364
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aUSD Value Proposition Series 4 - No Over-Collateralization
The biggest sin of CDP-backed stablecoins is overcollateralization.
Want to learn more about $aUSD's value proposition? Check the thread below!
https://x.com/StableJack_xyz/status/1788594538480541696
The biggest sin of CDP-backed stablecoins is overcollateralization.
Want to learn more about $aUSD's value proposition? Check the thread below!
https://x.com/StableJack_xyz/status/1788594538480541696
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Hey everyone, we will have a Twitter Spaces with FortiFi today, at 14:00 PM UTC.
Don't forget to join!
https://x.com/StableJack_xyz/status/1788907717622382708
Don't forget to join!
https://x.com/StableJack_xyz/status/1788907717622382708
X (formerly Twitter)
Stable Jack🔺 | Launch soon! (@StableJack_xyz) on X
Who is coming to the Spaces AMA with @FortiFi_??
Lots of topics to discuss with friends!
Lots of topics to discuss with friends!
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How to Determine xAVAX Leverage?
Before discussing the details, let's make it clear.
➡️$xAVAX's leverage is variable, mostly around 1.5-2x.
The leverage at any given time is based on the total relative supply of $aUSD and $xAVAX, which are always changing.
A higher supply of $xAVAX relative to $aUSD --> lower leverage
A higher supply of $aUSD relative to $xAVAX --> higher leverage
https://x.com/StableJack_xyz/status/1790027535121584558
Before discussing the details, let's make it clear.
➡️$xAVAX's leverage is variable, mostly around 1.5-2x.
The leverage at any given time is based on the total relative supply of $aUSD and $xAVAX, which are always changing.
A higher supply of $xAVAX relative to $aUSD --> lower leverage
A higher supply of $aUSD relative to $xAVAX --> higher leverage
https://x.com/StableJack_xyz/status/1790027535121584558
X (formerly Twitter)
Stable Jack🔺 - Migrated (@JackStable_xyz) on X
How to Determine xAVAX Leverage?
Before discussing the details, let's make it clear.
➡️$xAVAX's leverage is variable, mostly around 1.5-2x.
The leverage at any given time is based on the total relative supply of $aUSD and $xAVAX, which are always changing.…
Before discussing the details, let's make it clear.
➡️$xAVAX's leverage is variable, mostly around 1.5-2x.
The leverage at any given time is based on the total relative supply of $aUSD and $xAVAX, which are always changing.…
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Hey Fam!
Avalanche Community Grants results have been announced.
We received 150 AVAX, which is the total amount of AVAX a team can get. Thanks for your support!
https://x.com/StableJack_xyz/status/1790377731470872911
Avalanche Community Grants results have been announced.
We received 150 AVAX, which is the total amount of AVAX a team can get. Thanks for your support!
https://x.com/StableJack_xyz/status/1790377731470872911
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THE HIGHEST $AVAX YIELD ON ANY PLATFORM!
Stable Jack will provide the highest $AVAX yield on the market with a whopping 12-15% yield!
$sAVAX yields are around 6%, how does Stable Jack provide a 12-15% yield?
Check the thread below to learn!
https://x.com/StableJack_xyz/status/1790774449794355305
Stable Jack will provide the highest $AVAX yield on the market with a whopping 12-15% yield!
$sAVAX yields are around 6%, how does Stable Jack provide a 12-15% yield?
Check the thread below to learn!
https://x.com/StableJack_xyz/status/1790774449794355305
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STABLE JACK IS COOKING🔥🔥
We made HUGE updates in several areas:
1⃣Overall UI/UX experience
2⃣Mobile version
3⃣Dark mode
Let us know what you think!
We made HUGE updates in several areas:
1⃣Overall UI/UX experience
2⃣Mobile version
3⃣Dark mode
Let us know what you think!
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We are proud to announce our integration with Hexagate, the trusted security monitoring partner of Avalanche.
With their Web3 Security platform, Stable Jack gains advanced security measures and proactive threat protection.
Keeping Stable Jack safe and secure!
https://x.com/StableJack_xyz/status/1792516784626511886
With their Web3 Security platform, Stable Jack gains advanced security measures and proactive threat protection.
Keeping Stable Jack safe and secure!
https://x.com/StableJack_xyz/status/1792516784626511886
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