What Is Jigstack (STAK)?
Jigstack platform is the new generation of DeFi’s stack of tools which seeks to allow every piece of technology built with Jigstack DAO to be stacked together. These products are stacked in a way that the output of one product becomes the input for another product. Jigstack aims to empower the user base to easily and securely control their financial systems and eliminate the need to have intermediaries and return the value to the users.
Jigstack DAO is a decentralized DAO based on Ethereum that seeks to govern a variety of high-quality and productive network solutions on the Ethereum blockchain. The Jigstack ecosystem aims to include products like:
Lemonade- Lemonade is a token launch platform that aims to provide a cost-effective and safe transaction environment to the platform's participants. Users can raise funds for new projects without going through complicated setup procedures or dealing with intermediaries, banks, or third parties.
Stakbank- Stakbank is the DeFi staking solution for STAK, the native of the Jigstack platform, and enables governance for the Jigstack ecosystem. Stakbank seeks to enable STAK holders to stake their tokens to participate in decision-making and receive revenue dividends generated by all the products of the Jigstack DAO.
JWallet- JWallet is the native crypto wallet of Jigstack available on mobile, web, and browser extensions that allow users to stake, participate, and send gifts to friends from within the wallet.
Gallery- Jigstack gallery is a place to seek to create, browse, collect, and trade premium NFTs. Users can browse through NFTs of top digital artists and build a collection by trading them with a button click. Artists can seek to earn revenue through secondary sales royalties. All the transactions aim to occur on-chain with traceable records of each transaction. On-chain transactions are recorded and validated on the blockchain.
STAK is the native cryptocurrency of the Jigstack platform designed for governance. The holders of the token propose and vote on governance proposals to include new features, parameters, and protocol improvements. The weight of their vote is dependent on the amount of tokens these holders have in possession.
History of Jigstack
The core team of Jigstack includes Robert Weir (COO), Aidan Leonard (CTO), Kaue Cano (lead ETH developer), Charles Robinson (CBDO), Dilara Mataraci (director of product development), and Filippo Balsano (marketing manager).
The whitepaper was published on May 15, 2021, and authored by Stuart Hollinger and Charles Robinson.
