metadata: {"type": "project", "title": "Stable Jack", "logoImg": "bafkreiefe7d452vgixgsgoev36mh54kda5mjufzcd5wsijjekd3fxdrzf4", "website": "https://www.stablejack.xyz/", "bannerImg": "bafkreietz7ydco6f7x42twpsllya6rm45s5vvejqzbv7hihg5vxbdn7c5m", "createdAt": 1712322028994, "userGithub": "solomonNSI", "credentials": {"github": {"type": ["VerifiableCredential"], "proof": {"jws": "eyJhbGciOiJFZERTQSIsImNyaXQiOlsiYjY0Il0sImI2NCI6ZmFsc2V9..90xsuZaNs9DYJ6FcSqaHa6q_OF_WKhOKNtx81zePVCHx6b5OIwPx0HfZp8VxS1UNImKs5bdlDj2TWCuMl85rAg", "type": "Ed25519Signature2018", "created": "2024-04-05T12:59:56.376Z", "proofPurpose": "assertionMethod", "verificationMethod": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC#z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC"}, "issuer": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC", "@context": ["https://www.w3.org/2018/credentials/v1"], "issuanceDate": "2024-04-05T12:59:56.376Z", "expirationDate": "2024-07-04T12:59:56.376Z", "credentialSubject": {"id": "did:pkh:eip155:1:0xa1eB063E50bd82f3b511BaC3084AbD67Cf79AfD4", "hash": "v0.0.0:HJJrAvQKHzlYU2/fDfcE/0WC2uJGylOteEAm7D2nFng=", "@context": [{"hash": "https://schema.org/Text", "provider": "https://schema.org/Text"}], "provider": "ClearTextGithubOrg#stable-jack#66926680"}}, "twitter": {"type": ["VerifiableCredential"], "proof": {"jws": "eyJhbGciOiJFZERTQSIsImNyaXQiOlsiYjY0Il0sImI2NCI6ZmFsc2V9..u7mYCUwnZMNgamvqx_XlTpaL72bB81oVzi49mEYRNY6ebCZtrKhX7UhGTIiwX0GDPUF7Ntkr_xVdSXPwyu4aDQ", "type": "Ed25519Signature2018", "created": "2024-04-05T12:50:45.369Z", "proofPurpose": "assertionMethod", "verificationMethod": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC#z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC"}, "issuer": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC", "@context": ["https://www.w3.org/2018/credentials/v1"], "issuanceDate": "2024-04-05T12:50:45.368Z", "expirationDate": "2024-07-04T12:50:45.368Z", "credentialSubject": {"id": "did:pkh:eip155:1:0xa1eB063E50bd82f3b511BaC3084AbD67Cf79AfD4", "hash": "v0.0.0:/ODuBWxNJS7wQ6R8Kx8VQ5CCDmCJPxGE9dkhsWMzBBU=", "@context": [{"hash": "https://schema.org/Text", "provider": "https://schema.org/Text"}], "provider": "ClearTextTwitter#StableJack_xyz"}}}, "description": "Stable Jack is an Avalanche native LSTfi protocol that partitions AVAX volatility into two products to have a new yield-bearing stablecoin, called aUSD, while also creating a volatile AVAX token, called xAVAX.\n\nWe are developing a yield-bearing stablecoin that offers:\n\n- capital efficiency\n- no liquidation risk\n- no exposure to centralized party risks\n\nWe are building a volatile AVAX token that offers:\n\n- DeFi composability\n- no funding fees\n- an extremely low risk of liquidation\n\nThe protocol will benefit the Avalanche ecosystem in 4 major areas:\n\n- AVAX-powered: As an AVAX-backed stablecoin, the creates demand for AVAX.\n\n- Unlocking AVAX LST liquidity: The protocol allows AVAX LSTs such as sAVAX to be effectively utilized for further financial activity which was not possible before.\n\n- New Use Cases for AVAX: The protocol creates new use cases for AVAX and utilizes it to build two new financial products.\n\n- Increased and Diversified Security: By utilizing LST protocols, the protocol directly helps the security of the protocol while also diversifying its participants.", "logoImgData": {}, "bannerImgData": {}, "projectGithub": "stable-jack", "projectTwitter": "StableJack_xyz"}
name: Stable Jack