Avalanche on-chain stablecoin center Stable Jack completes $1 million angel round of financing
Stable Jack, the stablecoin center on the Avalanche chain, announced the completion of a $1 million angel round of financing. The investors and valuation information have not been disclosed yet. It is reported that Stable Jack currently provides yield-based stablecoins, volatile AVAX tokens, and stable exchange products. The yield-based stablecoins emphasize capital efficiency, no liquidation risk, and no centralization risk. Volatile AVAX tokens provide DeFi composability without paying financing fees or liquidation risks. Stable exchange promotes one-sided liquidity supply.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Amir Bandeali Stays True to Code as Co-CEO of 0x
Bitcoin Hash Rate Reaches Record High
Bitcoin's hash rate just hit a new all-time high, signaling strong network security and growing miner confidence.What the Record Hash Rate Really MeansA Surge Driven by Miner OptimismPre-Halving Momentum Builds
Bitcoin Nears $85K Amid Trade Optimism and Fed Hints at Rate Cuts
Trade wars push blockchain into supply chain solutions
Trending news
MoreCrypto prices
More
