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Stable Jack - Angel
Overview Company Profile / Project Introduction
Overview
Funding Date
May 30, 2024
Financing amount
$1M
Valuation
--
Category
Subcategory
About Stable Jack - Angel
Stable Jack have raised $1M and closed angel round. Stable Jack is the First Yield-Bearing Stablecoin on Avalanche, Powered by Avalanche LST.
Company Profile / Project Introduction
Stable Jack divides AVAX collateral into two products. The first product is called aUSD, a decentralized and fully-collateralized yield-bearing stablecoin. The second product is xAVAX, a volatile AVAX token. Users can supply USDT, USDC, AVAX, or sAVAX to mint either one (all deposits are zapped into xAVAX before deposit).
*Fundraising Announcement: Click here
CoinCarp Fundraising Database is an online crypto and blockchain fundraising information database; that is, all the fundraising-related information is provided by third-party organizations and individuals. However, CoinCarp cannot guarantee the validity of the information found here. The information contained in this Fundraising Database is not investment advice.