Question 1

What is Jigstack (STAK)?

Accepted Answer

Jigstack is a Decentralized Autonomous Organization (DAO) in the DeFi (Decentralized Finance) ecosystem. It aims to offer a comprehensive suite of DeFi products, functioning as a "One-Stop Shop" for DeFi services. The platform is designed to bring simplicity, effectiveness, and security to users engaging in the DeFi space. STAK, Jigstack's native Governance Token, also functions as a rewards generator for users across its product range, which includes Stakbank, Lemonade, Gallery, Milkshake, J-Wallet, Santa, among others​.

Question 2

What is Jigstack (STAK) used for?

Accepted Answer

STAK is used primarily for governance within the Jigstack ecosystem, enabling token holders to propose and vote on various governance proposals, such as introducing new features or making protocol improvements. The influence of a holder's vote correlates with the quantity of STAK they possess. In addition to governance, STAK tokens are used in the platform's various applications like Stakbank, JWallet, Ethlink, and Gallery, serving functions ranging from staking and participating in decision-making to browsing and trading NFTs.

Question 3

Who created Jigstack (STAK)?

Accepted Answer

The core team of Jigstack includes professionals like 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 platform's whitepaper, outlining its foundational principles and functionality, was authored by Stuart Hollinger and Charles Robinson..