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    Ali3N
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    StableJack V2 - rsAVAX

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    Flipside AI

    The Avalanche blockchain's Stablejack V2 protocol demonstrates rapid growth and significant market activity, with daily trading volume surging from $134 to $92,233 (68,364% increase) and user base expanding from 3 to 73 users (733% growth) in just 8 days. The protocol shows strong minting preference, with 121 mint actions generating $134,724 in volume compared to 78 redeem actions at $26,504, and WAVAX and rSAVAX tokens dominating 99% of mint activity and 61% of redeem actions respectively. Top wallet addresses have minted over 2.5k rSAVAX tokens, representing significant DeFi engagement with a total USD value exceeding $85k.

    Intro

    StableJack V2 is Live!

    What to expect with v2? Stable Jack v2 will introduce four major use cases for investors:

    • Fixed Yield Farming

    • Leveraged Yield Farming

    • Leveraged Points Farming

    • Leveraged Long Without Liquidation Risk

      Unlike existing products, Stable Jack v2 is not built on an AMM model but instead follows a pool model, which means:

    • No slippage for traders

    • No impermanent loss for LPs

    • No need to bootstrap liquidity for every new collateral

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    Author

    Dashboard by Ali3N

    Disclaimer: Flipside AI is here to help but it can make mistakes. Always review outputs and use the upvote/downvote buttons to help us improve. This content is not financial advice.