We are excited to announce our partnership with Suzaku, a (re)staking protocol designed to help Avalanche L1s decentralize by connecting them with operators and stakers for enhanced security.
Suzaku allows investors to secure Avalanche L1s by using $sAVAX, $BTC.b, $COQ, and other assets as collateral. Since these funds are not liquid, Suzaku, in collaboration with Yield Yak, is developing liquid restaking tokens (a.k.a. LRTs), starting with $sAVAX.
As we approach the launch of Stable Jack v2, we will introduce yield and points trading for collaterals. Leveraging Suzaku’s LRTs, we will offer two unique products:
-
Yield Token: This token will allow investors to gain leveraged yield exposure from the LRT asset while also maintaining $AVAX exposure.
-
Points Token: This token will provide users with leveraged points exposure from the LRT asset, also maintaining $AVAX exposure.
Through this partnership, investors can opt for leveraged exposure to real yield or points, which may become tokenized if Suzaku launches a token.
Stable Jack v2 will unlock new utilities for collateral assets. With partners like Suzaku, we are thrilled to bring innovation and excitement to the Avalanche LRT ecosystem!