Stable Jack (JACK)

Stable Jack provides yield-based stablecoins, volatility AVAX tokens, and stable swap products.

Whitepaper

Important By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice.

Interest lvl

Medium

Updated: Mar 23, 2025

Learn more about our rating

User Rating

Medium

3/5 • 1 votes

Claim your project

Ticker

JACK

Type

Utility-token

FoundedUnited States

Registration year2021

Launchpads

Finceptor

Ecosystems

Avalanche

What is Stable Jack

Stable Jack is a decentralized platform that allows users to exchange the yield, volatility, and points of the collateral asset while maintaining their principal. This will allow new DeFi primitives to be built on yield-bearing assets, lending markets, DEXs, or volatile assets.

Additionally, Stable Jack enables leveraged airdrop or points farming and allows users to take leveraged long positions on assets without the risk of liquidation. The platform achieves this by separating the yield and volatility components of collateral assets into distinct tokens, catering to different investment strategies. With the upcoming v2 upgrade, Stable Jack plans to expand its collateral options to include yield-bearing stablecoins, liquidity provider (LP) tokens, real-world assets (RWAs), and vaults, thereby unlocking new yield opportunities for investors.

Yield Token, which is tokenized as a stablecoin will accrue the leveraged yield/points of the collateral asset while Volatility Token will be exposed to the volatility of the collateral asset with leverage. Both tokens will be perpetual and won't have a maturity date.