Stable Jack

Stable Jack

Developing a yield-bearing stablecoin and a volatile AVAX token to enhance capital efficiency, reduce risks, and diversify security within the Avalanche ecosystem.
Application
Applied on: 3 Feb 2025 07:02 PM
Approved
User Review
AI Review
A1
Reviewed on 3 Feb 2025 08:01 PM
Build essential DeFi infrastructure and tooling on Avalanche
While the project offers leveraged yield and trading on stablecoins and other assets, it is not explicitly clear if it qualifies as 'essential DeFi infrastructure and tooling.'
Create innovative financial applications and protocols on Avalanche
Stable Jack introduces a novel DeFi primitive that enables yield, volatility, and points trading on any asset, which can be considered an innovative financial application within the Avalanche ecosystem.
Improve DeFi user experience and accessibility on Avalanche
The project aims to provide fixed and leveraged yields, along with leveraged exposure to points and collateral without the risk of liquidation. Additionally, it is preparing to launch a v2 version to enhance user experience and capital efficiency, which aligns with improving DeFi user experience and accessibility.