How can @StableJack_xyz provide a 28% yield for $aUSD?

For those who just want a summary:

🟠 There is no incentive or token inflation
🔴 Yield depends on the demand for $xAVAX compared to $aUSD
🟣 Paid in $sAVAX, so allows $AVAX exposure while holding stables
🔵 It may long for a while but possibly stabilize around 15-17%

For those who just want a detailed explanation, check the thread🧵 🟣 What is @StableJack_xyz?

Stable Jack is a yield and volatility trading platform for any asset, starting with $sAVAX. It is similar to Pendle.

Since $xAVAX holders get exposed to all the volatility, $xAVAX provides leveraged returns while $aUSD provides leveraged yield returns as it is exposed to all the yield.

$aUSD holders give up the volatility while $xAVAX holders give up the yield.

Some reflections on @StableJack_xyz's launch:

It has been 4 days since we launched Stable Jack, wanted to share some of my observations.

1⃣Timing

The timing to launch a product is a difficult thing. Everyone would love to launch in the best market possible.

However, you can't time the market, so it is best to launch ASAP. If you wait, that won't do any good. 2⃣Yield is king

Most people who minted $aUSD preferred to stake $aUSD into the Rebalance Pool.

This shows that @avax ecosystem participants are eager to find new sources of yield.

Also, it proves that the market is driven by yield, speculation comes second.

One of the first projects that utilizes subnets @MELD_Defi announces the launch of $MELD staking on MELD Blockchain.

You can stake and earn up to 28% yield on your staked position.

Let's dive into how $MELD staking works🧵

https://twitter.com/MELD_Defi/status/1739951758615761213

1/ Validator Nodes and Staking Pools🛡️

As with every L1, the MELD blockchain is secured by validators.

You can delegate your $MELD to these validators through 'Staking Pools' to help secure the network and earn rewards.

Currently, 16 validators are in action.

.@GoGoPool_ is building the future of subnets!

As a pivotal protocol for the future of the @avax ecosystem, @GoGoPool_'s commitment to supporting validators and subnet developers is key for every one of us!

Let's talk about what was discussed in the Keynote by @stvngts 🧵🧵 1⃣ The Story of @GoGoPool_

@stvngts attended the first Avalanche Summit in Barcelona about a year and a half ago.

During the summit, he met his now co-founder Johnny and partnered together and built an incredible team to work on their mission including my bro @BreevieGotRekt 🔥

I believe that @avax can be a catalyst for global financial inclusion.

@BlockpayMX is going to be an important factor in this area🔥

Let's explore 🧵🧵 @BlockpayMX intends to expand the reach of essential financial services by utilizing @avax

It provides two vital elements for effortless blockchain transactions:

🛒 Terminals for in-store transactions accepting card payments
💰 Debit cards funded with cryptocurrency

Why should gaming developers build their games on @avax

A thread🧵🧵

#ggchroniclesweek2 @0xRaiden In this thread, we will analyze👇👇

1⃣ Activity on the Avalanche network
2⃣ Subnet Technology
3⃣Growing gaming ecosystem
4⃣Ava Labs' strategic emphasis on gaming

Hey #Avalanche community👋

Let's see what is happening on #AVAX ecosystem?

What does Avalanche Daily Brief cover?

🔺Avalabs
🏦DeFi
🎮Gaming/GambleFi
🎨NFTs
📚Threads and Reads 🔺Avalabs

How to build a scalability powerhouse with @avax subnets, using @gelatonetwork's infra services!

https://twitter.com/gelatonetwork/status/1668649504831336450?t=N6yWSxTAEeUaxTIvLclkmA&s=08

Hey #Avalanche community👋

Let's see what is happening on #AVAX ecosystem?

What does Avalanche Daily Brief cover?

🔺Avalabs
🏦DeFi
🎮Gaming/GambleFi
🎨NFTs
📚Threads and Reads 🔺Avalabs

Swap interest rates with @voltz_xyz

https://twitter.com/avax/status/1663623308854857728?t=Gnt8eo7zo7CJhwkHe5NloA&s=08

Hey everyone!

As you may know, @MELD_Defi has expanded into @avax and launched their subnet.

This is going to be a huge boost to the Avalanche DeFi ecosystem.

So, what is @MELD_Defi, and why is it an important development? Let's discuss🧵 🔴What is @MELD_Defi?

#MELD will enable users to borrow up to 15 different fiat currencies (and counting) without having to sell their crypto assets.

This is a different concept most lending protocols are restricted to just #crypto assets.

Lately, I have discovered @Increment_HQ, a tool that helps you to analyze data without knowing to code.

So, I give it a try :)

Let's explore #Avalanche DeFi ecosystem with graphics made by @Increment_HQ 🧵 1⃣ Active Addresses on @avax in 2023

It is clear that there is consistent growth that makes us optimistic about the future.

From early 2023 to now daily active addresses increased from around 30K to 90K

Hey guys!

Some guy just told me that @el33th4xor bought this palace wih the money he is receiving from the lawsuit?

Pretty bullish on @avax Just met with @tiffanylai_ and @coopernicus01

Preety sick

🧵Avalanche Ecosystem - Weekly Recap #34🧵

🌐 A complete summary of everything happened this week in Avalanche ecosystem and projects building on it

#Avalanche If you want to track all the news on @avax, you can join my TG group

t.me/avaxnewscaesar

Hey #Avalanche community👋

Let's see what is happening on #AVAX ecosystem?

What does Avalanche Daily Brief cover?

🔺Avalabs
🏦DeFi
🎮GameFi
🎨NFTs
📚Threads and Reads Before starting, if you want to track all the news on Avalanche, you can join my TG group

t.me/avaxnewscaesar

Hey #Avalanche community👋

Let's see what is happening on #AVAX ecosystem?

What does Avalanche Daily Brief cover?

🔺Avalabs
🏦DeFi
🎮GameFi
🎨NFTs Before starting, if you want to track all the Avalanche ecosystem news, you can join my TG group

t.me/avaxnewscaesar

Hey #Avalanche community👋

Let's see what is happening on #AVAX ecosystem?

What does Avalanche Daily Brief cover?

🔺Avalabs
🏦DeFi
🎮GameFi
🎨NFTs
📚Threads and Reads Before starting, don't forget to join my TG group to track all the news on Avalanche

t.me/avaxnewscaesar

Hey #Avalanche community👋

Let's see what is happening on #AVAX ecosystem?

What does Avalanche Daily Brief cover?

🔺Avalabs
🏦DeFi
🎮GameFi
🎨NFTs
📚Threads and Reads 🔺Avalabs

Introducing HyperSDK, the first framework for developers to build high performance Virtual Machines on @avalancheavax

https://twitter.com/avalancheavax/status/1628082870786084864?t=z_ra2OMtuYPHMxkAQlfJSA&s=08

Lido Finance is coming STRONG to the Arbitrum ecosystem!

They are committed to making Lido’s wstETH widely available throughout Arbitrum.

Let's explore wstETH’s use cases across the Arbitrum ecosystem🧵

@LidoFinance, @traderjoe_xyz & #LidoArbitrumAdventure In this thread, we'll cover👇

🟣What is Liquid Staking?
🔵What is @LidoFinance?
🟢Explained: stETH
🟠Explained: wstETH

Then, we will talk about 👇

🔴 Use cases of wstETH on Arbitrum
🟡 Potential use cases of wstETH on Arbitrum

Let's start😍

ey #Avalanche community👋

Let's see what is happening on #AVAX ecosystem?

What does Avalanche Daily Brief cover?

🔺Avalabs
🏦DeFi
🎮GameFi
🎨NFTs
📚Threads and Reads 🔺Avalabs

.@avalancheavax Weekly Stats

https://twitter.com/iryna_everstake/status/1625863912829685762?t=qydlhjWG4JbliU4dHYDyxg&s=08

Hey #Avalanche community👋

Let's see what is happening on #AVAX ecosystem?

What does Avalanche Daily Brief cover?

🔺Avalabs
🏦DeFi
🎮GameFi
🎨NFTs
📚Threads and Reads 🔺Avalabs

The $GLP wars are heating up on @avalancheavax

https://twitter.com/avalancheavax/status/1625555582156476448?t=9PhOJgQafOn_wzOVmiJCXA&s=08

Hey #Avalanche community👋

Let's see what is happening on #AVAX ecosystem?

What does Avalanche Daily Brief cover?

🔺Avalabs
🏦DeFi
🎮GameFi
🎨NFTs
📚Threads and Reads 🔺Avalabs

A Cosmos Landside is coming to @avalancheavax

https://twitter.com/Flowslikeosmo/status/1624785489265033216?t=pgn9OPxEYPQtr-SsF6nTSw&s=08

🧵Avalanche Ecosystem - Weekly Recap #23 🧵

🌐 A complete summary of everything happened this week in Avalanche ecosystem and projects building on it

#AVAX #Avalanche #AVAXNFT As some of you know, I was working as a volunteer in earthquake relief efforts in Turkey, so could not keep up with the ecosystem.

There can be some news that I may miss, please inform me if there is something worth to be shared in the daily/weekly recap.