Why We're Building Stable Jack v2

Since the launch of Stable Jack, we've gathered valuable data and insights from our community through one-on-one interviews, surveys, and ongoing feedback. These findings have shaped our understanding of what our users need and how we can improve. Here's what we've learned:

  • Leverage without liquidation risk is a highly appealing feature. It protects users from short-term price volatility and scam wicks, offering a safer trading experience.

  • Fixed leverage offers more flexibility and could be a game-changer, allowing users to better manage their positions.

  • High funding fees are a pain point for traders, making leverage positions costly and less attractive.

  • There's strong demand for competitive and sustainable yield, though new users remain cautious when entering the space.

  • Users aren't seeking another stablecoin but are focused on finding reliable sources of yield.

  • Fixed yield is preferred over variable or higher-return yields due to its predictability, making it a superior product for many users.

  • Integration with major protocols is critical for adoption, as it builds trust and fosters collaboration.

These insights have guided our vision for Stable Jack v2, laying the foundation for the next phase of development. With these findings, we are focused on delivering a product that addresses the key needs of our users and the broader DeFi ecosystem.

Last updated