Stable Jack benefits the Avalanche ecosystem in a variety of aspects;


Unlocking AVAX LST liquidity: Stable Jack is built on top of the LST protocols. This means that if Stable Jack TVL grows, the LST protocols such as BENQI, Yield Yak, and GogoPool will see an increase in their TVL. 

Securing the network: By utilizing the LST protocols, Stable Jack will directly help to secure the Avalanche network.

Bringing Liquidity from other chains: Stable Jack provides the first yield-bearing and decentralized stablecoin in the Avalanche ecosystem. Given that there is no such product in the Avalanche ecosystem, Stable Jack addresses a main pain point. This will attract liquidity from other chains to Avalanche. 

Increasing the demand for DeFi protocols: Stable Jack tokenizes the leveraged AVAX positions as xAVAX. This allows users to have leveraged exposure to Avalanche but also use it in DeFi protocols. This composability will increase capital efficiency for the users and also will help other protocols to see increased TVL.

New Use Cases for AVAX: Stable Jack creates new use cases for AVAX and utilizes them to build new financial primitives. For example, if the Avalanche ecosystem has 1b aUSD liquidity instead of 1b USDT/USDC liquidity, it will create a 1b demand in AVAX.

Potential opportunities are;

aUSD and xAVAX as collateral and borrowable assets on BENQI, Delta Prime, and AAVE lending markets.
aUSD as a yield product via Yield Yak Pools.
Listing aUSD and xAVAX on Trader Joe, Dexalot, Pharaoh, and Wombat.
aUSD and xAVAX as part of the Index Cap of Colony.
xAVAX and aUSD as a collateral asset on Hubble Exchange.
aUSD as a yield product for Definitive, CIAN, and Vector Finance.
aUSD and xAVAX as bonding assets for Chimera and Kuza Finance.
aUSD as a vault token that Struct Finance users can invest in
aUSD as a currency on Blockpay for daily payment 
aUSD and xAVAX can be integrated by SteakHut Finance for automated liquidity management services.
