Jigstack DAO - Announcements
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Jigstack is positionated as the DAO of DeFi and it offers a suite of valuable flagship DeFi products governed as a single DAO:
- Lemonade (launchpad)
- Gallery (NFT marketplace)
- Stakbank (staking)
- JWallet (wallet)

๐Ÿ’ป jigstack.org
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โšก๏ธ Dear STAKers,

JIGSTACK TEAM: "The decision to focus only on Stakbank has ramped up development velocity and as a result the team is making great progress on hitting internal milestones ahead of the end of July (Stakbank launch). That said, Stakbank is a significantly complex product and the team is conscious that it will require comprehensive QA/UAT and auditing efforts over the coming weeks to ensure a successful launch."

๐Ÿฆ STAKBANK VIDEO DEMO: https://youtube.com/channel/UC41q-hIJ0fYIbrGrX7-ohxA

ROADMAP

๐Ÿ‹Depo Launch: Postponed
IDO Postponed until further notice.

๐Ÿ‘‘DAO Engagement: Late June
Completedโœ… ๐Ÿ‘‰ https://t.iss.one/jigstackANN/302

๐ŸฆStakbank V1.1: End of July
Development team is focused on the Crops feature and will be scheduling audits within the next week. DEMO VIDEO

๐Ÿ–ผGallery V1.0: August
QA & Audits still in progress as both the penetration and load audits identified issues during the week which need to be addressed.

๐ŸŽ…Wallet/Santa V1.0: September
UAT is still in progress as issues were identified during the week which need to be addressed. Decision on when audits will be progressed will be confirmed next week.

Q4
๐Ÿ‹ Lemonade V2.1 to V4.0 (Includes Hedera, Bonding Curvers, Tiers)
๐Ÿ“Š Ethlink V2.0 (Details of Ethlink V1.0 (Open Source) to be shared with the community very soon)
๐ŸŒ€ Milkshake/Mixer/Shaker V1 (DAO Proposal ongoing)
๐ŸŒ‰ JigBridge V1.0

๐Ÿ™Œ Thank you to the community for your patience and continued support! - Jigstack Team
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Bitcoin.com Exchange X Jigstack

๐ŸŒ  During our interview with Bitcoin.com Exchange, Jigstack's CBDO Charles Robinson explained our true goal: distinguish ourselves from other crypto projects in terms of performance ๐Ÿ“Š and, mainly, of security ๐Ÿ”’.

๐Ÿ”ฌ Major topics discussed were Bitcoin, DeFi, Hedera, Jigstack's products and its ecosystem.

๐Ÿ“น Full interview is available on YouTube. NOW: https://www.youtube.com/watch?v=kWzHTxfyRc4

๐Ÿ‘‰ RETWEET
WHAT IS STAKINGโ“

๐Ÿ“ŠIn a nutshell, staking means receiving a certain interest on a cryptocurrency that can vary from protocol to protocol

๐Ÿฆ Stakbank is the staking solution for Jigstack. Here, you will stake STAK into the pool, receiving $STAK as a reward

๐Ÿ“ˆPlus, you'll be able to compound your rewards into the current staking STAK!

๐Ÿ‘‰ READ MORE: https://medium.com/jigstack/what-is-staking-9ff566863c54

๐Ÿ‘‰ RETWEET
๐Ÿ‘1
๐Ÿ“ˆ Do you want to earn more from your $STAK? Incentives + Network rewards + jSTAK ๐Ÿ“ˆ

๐Ÿฆ Stakbank will be released soon, giving the possibility to $STAK holders to earn rewards based on deposits made.

๐Ÿ’งPOOL: The base reward comes from our Tokenomics and we will allocate XX,XXX,XXX๐Ÿ˜Ž $STAK per day! The 1st $STAK pool on Stakbank will have a term of 12 months, followed by others.

๐Ÿšœ FARM: Itโ€™s better to use a tighter term since this is our first run on LPs incentives and we can open other farms in the future with:
๐Ÿ”ป lower/higher allocation
๐Ÿ”ปnew LP pairs such as STAK-USDC
๐Ÿ”ปnew DEXes such as 1inch or Sushiswap or QuickSwap (Polygon)
๐Ÿ”ปUniswapV3 LPs

๐Ÿ‘‘ The community will have the possibility to decide whatโ€™s better for future pools/farms.

๐Ÿ”ฎ End of July

๐Ÿ‘‰ RETWEET
๐Ÿ“ฃ Our 1st DAO proposal is about to end! ๐Ÿ“ฃ

๐Ÿ—ณProposal: Choose a privacy product name under the Jigstack DAO umbrella (Love the privacy ๐Ÿ’– )

๐Ÿฅ›๐ŸŒ€ Milkshake is winning right now

๐Ÿ‘‘ The decision-making process is in your hands! Go vote now: https://discord.gg/BaSyPHkgvC

๐Ÿ‘‰ RETWEET
๐Ÿคฉ It's great to see our partners Alchemy and Polygon working together! Alchemy adds #Polygon Support for Faster Development on Ethereumโ€™s Leading Layer 2

๐Ÿ“ˆ This will benefit the Jigstack ecosystem as well. $Stak $Matic

๐Ÿ‘‘ Congratulations to both teams!

๐Ÿ‘‰ RETWEET: https://twitter.com/jigstack/status/1412814617840082950?s=19
Jigstack #1 DAO proposal DONE โœ…

โญ๏ธWow! We had over 200 votes! It means that our community strongly believes in our project!

We are pleased to say that we had one of the highest engagements among DeFi/DAO projects similar to us in terms of community/holder size $STAK

๐Ÿ—ณProposal: Choose a privacy product name under the Jigstack DAO umbrella (Love the privacy ๐Ÿ’– )

๐Ÿ”ปFinal outcome: MILKSHAKE ๐Ÿฅ›

๐Ÿ“ˆ There's only another step now: bringing proposal polls to the next level by adding on-chain voting, governance tools and Stakbank integration!

๐Ÿ‘‰ Join Discord: https://discord.gg/BaSyPHkgvC

๐Ÿ‘‰ RETWEET
โœ… JIGSTACK UPDATE - Tokenomics + ECOSYSTEM โœ…

Dear Community,

๐Ÿ“ŠWe have officially completed the following vested unlocks:
- Private 1 - 399,000,000 STAK
- Private 2 - 225,000,000 STAK
There are now remaining just 150,000,000 tokens of SEED round which will be distributed and complete at 03.10.2021. We have also distributed to our Advisors their allocation and also allocated Marketing.

The release of TEAM tokens (300,000,000) will be delayed due to the initial delay on the product launch and to once again confirm the long-term vision the entire team has.

โ€”โ€”โ€”
๐Ÿ‘‘ Jigstack Team:

๐Ÿ‘The worst is well and truly behind us as is most (if not all) of the early stage sellers.

โญ๏ธWhile not favourable, it was a decision we made to time the unlocks during our pre-revenue development phase. The strategy was to allow any loose investors the ability to exit before Jigstack moving into product deployment.

With the major unlocks behind us and Stakbank about to launch as the first of a back to back month on month product release, it is finally time for Jigstack to start its commercial steps forward๐Ÿ“ˆ

โ€”โ€”โ€”
RECAP:

๐Ÿ”ปCirculating Supply: 1,634,000,000 of which Private Sale 1, Private Sale 2, Marketing, Public Sale, Advisors, 50% Seed and 58.3% Treasury.
๐Ÿ”ปThe additional amount (from Treasury) went to new Strategic Investors who are assisting with our long-term vision and full support of the project.
๐Ÿ”ป 3 more installments of the Seeds left (ends on 03.10.2021)
๐Ÿ”ปTeam allocation (300M): The release of team tokens will be delayed due to the initial delay on the product launch and to once again confirm the long-term vision the entire team has.
๐Ÿ”ปOn October 3rd, approximately 60% of the tokens will be in circulation and the remaining 40% will be used to ensure the full success of the project.

๐Ÿ”ฌTOKENOMICS DETAILS: https://medium.com/jigstack/stak-token-metrics-explained-b23a3b23cea9

โ€”โ€”โ€”
๐Ÿ“ˆSTAK HOLDER:

๐ŸงฉAt jigstack, we want to develop an ecosystem of DeFi products to create a worldwide community of financially free individuals! The only way to achieve this is to build a solid foundation by creating the second piece of the puzzle: STAKBANK. Each product under the Jisgstack DAO umbrella will generate rewards for all stakers on Stakbank.

STAK holders will be able to get rewards from the whole Jigstack ecosystem thanks to Stakbank, invest in Seed, Private and Public sale in new amazing projects on Lemonade, collect fantastic NFTโ€™s in The Gallery, spread the word to millions of users thanks to affiliate marketing solution Ethlink. And this can all be accessible through the JigStack Wallet, utilizing the privacy of Milkshake and quickly and easily inviting anyone in the crypto world thanks to Santa.

Any $STAK owner who shares our long-term vision should have all the benefits of Jigstack clear in their mind:
โšก๏ธ Initial rewards upon launch of Stakbank
โšก๏ธ Additional rewards from tokenomics to be integrated (if needed)
โšก๏ธStake on Stakbank and receive jSTAK for exclusive benefits across the entire Jigstack ecosystem
โšก๏ธ80% of Jigstack ecosystem fees (+20% burned๐Ÿ”ฅ)
โšก๏ธLemonade token distribution (Crops section)
โšก๏ธAnd other benefits that will be developed for each product.

๐Ÿ™Thank you to the community for your patience and continued support! - Jigstack Team
๐Ÿ‘1
Dear Stakers,

As every Saturday/Sunday, here is the weekly recap along with updates on our developments โญ๏ธ

๐Ÿ”ปTake some time to listen to the podcast with Charles where we discussed general topics such as Bitcoin, DeFi, Hedera and especially the vision of Jigstack: HERE

๐Ÿ”ปWe are getting closer to the launch of Stakbank - the staking solution for the Jigstack ecosystem. But what is staking? Scrounge it up HERE

๐Ÿ”ปThe first DAO proposal for choosing the name of the new privacy product is over: Final results here

๐Ÿ”ปOur two partners Alchemy and Polygon just started a partnership! This is great news for Jigstack: HERE

๐Ÿ”ปUpdates on Tokenomics, the choice to delay the distribution of team tokens, circulating supply and a general recap on the STAK holders benefits (If you're a holder, you can't not read them): HERE

DEVELOPMENT

๐Ÿ‹ Depo Launch: Postponed
IDO Postponed until further notice: DETAILS

๐Ÿ–ฅ New Website: TBC
Development of the new Jigstack.org website had been postponed due to the recent revision of the roadmap. However, the team has some capacity to pick this up again and expect to confirm the launch date late next week or early the following week.

๐Ÿฆ Stakbank V1.1: End Of July
On track.
Re-audit scheduled for Monday July 12th.
QA regression sign-off in progress and (all going well) targeting to start UAT week of July 19th.

๐Ÿ–ผ Gallery V1.0: August
Targeting QA sign-off by Friday July 16th.
Targeting to complete Re-audit next week (exact date tbc).

๐ŸŽ… Wallet/Santa V1.0: September
Final UAT issues are being addressed and the UAT team is targeting to provide UAT sign-off by Friday July 16th.
However, the WALLET/SANTA team has decided to expand the scope to include additional features.
As a result the team have decided to hold off on the load and penetration audits until these features are implemented.

Q4
๐Ÿ‹ Lemonade V2.1 to V4.0 (Includes Hedera, Bonding Curvers, Tiers)
๐Ÿ“Š Ethlink V2.0 (Details of Ethlink V1.0 (Open Source) to be shared with the community very soon)
๐ŸŒ€ Milkshake V1
๐ŸŒ‰ JigBridge V1.0

๐Ÿงฉ Jigstack team: "The STAKBANK development team have wrapped up the Crops/Jstak features and will now be working closely with the Audit and QA teams to immediately address high priority defects that will be raised next week. If no serious blockers are raised then we can move forward with obtaining QA and Audit sign-offs ASAP before heading into the UAT period. Both the Gallery and Wallet & Santa products are still in the QA/UAT/Audit phases with minimal input required from the development team as they are focused on Stakbank development. However, since both these products will launch post Stakbank they are not the highest priority."

๐Ÿ™Œ Thank you to the community for your patience and continued support! - Jigstack Team
๐Ÿ’ซ Jigstack is now live on REDDIT!

โšก๏ธWe created our first official subreddit where the Jigstackโ€™s community can post new ideas, talk with other members from the community and see exclusive content, such as new medium articles, latest news orโ€ฆ.

๐Ÿ”ฅThis week we will announce a contest that will give you all the possibility of winning up to 50.000 $STAK ๐Ÿ’ฐ, and we will post some hints in our brand new subreddit.

๐Ÿ’ช Join now for being updated before anyone else.

๐Ÿ‘‰ Reddit: https://www.reddit.com/r/Jigstack/
๐Ÿ”ฅ In a few hours, the STAKBANK competition will be posted on Twitter.

50,000 STAK as a reward ๐Ÿ’ฐ

๐Ÿ”ฎ In the meantime, some hints have been released here:

https://www.reddit.com/r/Jigstack/comments/ojcq2m/stakbank_contest_twitter/?utm_source=share&utm_medium=web2x&context=3
๐Ÿ‘1
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๐Ÿฆ At the launch of STAKBANK, how many $STAK will be distributed as rewards in the 1st year?

โ“The 3 closest numbers will get 5๏ธโƒฃ0๏ธโƒฃ,0๏ธโƒฃ0๏ธโƒฃ0๏ธโƒฃ $STAK (as total)!

STAK. STAKE. STAKBANK.

๐Ÿ‘‰ Make a shot: https://twitter.com/jigstack/status/1414942111208726531?s=20

โ€”โ€”
๐Ÿ”ฎSome hints have been published HERE
๐ŸฆStakbank: staking & governance solution for Jigstackโ€™s native token STAK

But what Stakbank can give you?

๐Ÿ”ปInitial rewards upon launch of Stakbank
๐Ÿ”ปAdditional rewards from tokenomics to be integrated (if needed)
๐Ÿ”ปStake on Stakbank and receive jSTAK for benefits across the Jigstack ecosystem
๐Ÿ”ป80% of Jigstack ecosystem fees (+20% burned๐Ÿ”ฅ)
๐Ÿ”ปLemonade token distribution (Crops section)
๐Ÿ”ปAnd other benefits that will be developed for each product.

๐Ÿ“ˆStakbank will now have more-than-triple yield functionality (STAK, JSTAK, Distributed Tokens @Lemonade_DeFi), something new in the DeFi ecosystem ๐Ÿ“ˆ

โœ… Discover all features here: https://medium.com/jigstack/stakbank-features-v1-1-a7a5ccf3a89

๐Ÿ‘‰ RETWEET
๐Ÿฆ Did you participate in our STAKBANK rewardโ€™s contest?

3 of you still have the possibility of winning up to 5๏ธโƒฃ0๏ธโƒฃ0๏ธโƒฃ0๏ธโƒฃ0๏ธโƒฃ $STAK (total) just guessing the amount of $STAK will be distributed the first year.

๐Ÿ‘‰ Participate here: https://twitter.com/jigstack/status/1414942111208726531?s=20

๐Ÿ”ฎ The answer will be announced next week on our youtube channel: https://www.youtube.com/channel/UC41q-hIJ0fYIbrGrX7-ohxA
Dear Stakers,

As every Saturday/Sunday, here is the weekly recap along with updates on our developments โญ๏ธ

๐Ÿ“Š WEEK: 12.07 - 17.07

๐Ÿ’ซ Jigstack is now live on REDDIT: https://www.reddit.com/r/Jigstack/

๐Ÿฆ STAKBANK rewardโ€™s contest (50,000 STAK): https://twitter.com/jigstack/status/1414942111208726531?s=20

๐Ÿ”ฎStakbank on Polygon? ๐Ÿ™ŒDrop your thoughts here: https://twitter.com/jigstack/status/1415352526736699394?s=19

โœ… Discover all STAKBANK features here: https://medium.com/jigstack/stakbank-features-v1-1-a7a5ccf3a89

DEVELOPMENT

๐Ÿ‹ Depo Launch: Postponed
IDO Postponed until further notice: DETAILS

๐Ÿ–ฅ New Website: TBC
Development on the website is progressing well and is due to complete at the end of next week. There will then be a short period of QA/review before confirming the website launch date.

๐Ÿฆ Stakbank V1.1: End of July
On track for End of July.
Re-audit has been completed with no outstanding issues.
QA regression sign-off still in progress and (all going well) targeting to start UAT early next week.

๐Ÿ–ผ Gallery V1.0: August
QA regression sign-off is still in progress and expected to complete next week.
Re-audits are scheduled from July 19th to 20th.
UAT will start as soon as QA and Re-audits are signed off

๐ŸŽ…Wallet/Santa V1.0: September
Final UAT issues are still being addressed and the UAT team is targeting to provide UAT sign-off early next week.
NOTE: Team has decided to expand the scope to include additional features. As a result the team have decided to hold off on the load and penetration audits until these features are implemented.

Q4
๐Ÿ‹ Lemonade V2.1 to V4.0 (Includes Hedera, Bonding Curvers, Tiers)
๐Ÿ“Š Ethlink V2.0 (Details of Ethlink V1.0 (Open Source) to be shared with the community very soon)
๐ŸŒ€ Milkshake V1
๐ŸŒ‰ JigBridge V1.0

๐Ÿงฉ Jigstack team: As the re-audit was successful, the STAKBANK development team will now be fully focused on addressing any defects from the remaining QA regression and UAT testing ASAP. The team are also aligning on the STAKBANK production launch plan and expect to have this finalized next week. Both the Gallery and Wallet & Santa products are still in the QA/UAT/Audit phases with minimal input required from the development team as they are focused on STAKBANK development. However, since both these products will launch post STAKBANK they are not the highest priority.

๐Ÿ™Œ Thank you to the community for your patience and continued support! - Jigstack Team