As a professional translator, I am translating this news article into English in a descriptive tone. The sentences are accurate and coherent, and I will retain proper nouns and all 
tags. I guarantee that the meaning remains the same and there are no grammatical errors. Please note that there will be no period at the end of the translation. Here is the translation:
News Translation:
Stable Jack, the center of on-chain stablecoins on the Avalanche network, announced the completion of a $1 million angel round of funding. The investors and valuation information have not been disclosed. It is reported that Stable Jack currently offers yield-bearing stablecoins, volatile AVAX tokens, and stable exchange products. The yield-bearing stablecoins emphasize capital efficiency, no liquidation risk, and decentralization risk. The volatile AVAX tokens provide DeFi composability without the need for financing fees or liquidation risk. The stable exchange facilitates one-sided liquidity provision.
Tags:
Avalanche
Stable Jack
Funding
Source Link:
https://x.com/StableJack_xyz/status/1796194984716124164
Note: All articles on Bitpush only represent the author’s views and do not constitute investment advice.
Original Article Link: https://www.bitpush.news/articles/6824320
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