Look no further than Stable Jack’s most recent airdrop if you’re eager to expand your cryptocurrency holdings. You won’t want to miss this airdrop since you can get FREE $5,000 worth of $JACK tokens. The community is talking about this new cryptocurrency airdrop and it’s quickly becoming recognized as one of the most reliable ones available. Before it’s too late, don’t miss out on this free cryptocurrency airdrop. Get your $JACK token share right away!
About Stable Jack:
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.
We are developing a yield-bearing stablecoin that offers:
- capital efficiency
- no liquidation risk
- no exposure to centralized party risks
We are building a volatile AVAX token that offers:
- DeFi composability
- No funding fees
- an extremely low risk of liquidation
TLDR; The protocol splits AVAX into two products:
- aUSD: a decentralized and yield-bearing stablecoin
- xAVAX: a zero-cost leveraged long AVAX position that absorbs the volatility of AVAX price movements to stabilize aUSD
Users can supply USDC, USDT, AVAX, or sAVAX to mint either one of the tokens (all tokens are zapped into sAVAX before minting).
For aUSD, the goal is to produce a stablecoin that:
- Avalanche-native
- Yield-bearing
- Fully decentralized
- Backed by AVAX LSTs
- Scalable than CDPs
Specifically for xAVAX, we create a leveraged long AVAX token which:
- Avalanche-native
- Fully decentralized
- Composable, with liquidity on-chain
- Has an extremely low risk of liquidation
- Zero funding costs
- 1-4x effective leverage
Note: You can think of xAVAX as a tokenized perpetual contract that can be used in DeFi.
Stable Jack Airdrop:
- Reward: $5 in JACK
- Winner: Random winners
- Distribution: After the airdrop event ends.
- Note: After the distribution, the airdrop link will be closed; stay tuned for a new crypto airdrop link.
How to Claim Stable Jack Airdrop:
- To begin, visit the official Airdrop Page-1 & Page-2 & Page-3 & Page-4!
- For the airdrop, you will need to enter your name, email address, or social media account.
- The reward will be sent to you once all tasks have been completed and the airdrop has ended.
- It is also possible to claim the Smols Airdrop.
Airdrop Rewards:
- Total reward pool: $5,000 worth of JACK tokens.
- Reward for 800 eligible random winners & top 50 referrers
- 800 random winners will receive $5 worth of JACK each
- The top 50 referees will share $1,000 worth of JACK
- Top 1: $60 worth of JACK
- Top 2: $50 worth of JACK
- Top 3-10: $40 worth of JACK each
- Top 11-20: $27 worth of JACK each
- Top 21–50: $10 worth of JACK each.
Stay up-to-date on the latest crypto airdrops by joining us on our Telegram channel!
Note: Watch the video below if you are having difficulties claiming the latest crypto airdrop!
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