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Jigstack is a decentralised autonomous organisation (DAO) that governs a portfolio of Ethereum network assets and protocols. It offers a suite of flagship decentralised finance (DeFi) products managed under a single DAO, focusing on decentralised governance and a comprehensive DeFi ecosystem.
Jigstack operates on the Ethereum blockchain, utilising the Proof of Stake (PoS) consensus mechanism. It leverages smart contracts to automate and enforce the terms of agreements, which promotes decentralisation and security. The platform provides various DeFi services, including token swapping, yield farming, and liquidity provision, all governed by its native token, STAK.
Jigstack was founded with the objective of transforming the DeFi sector by establishing a DAO that governs a suite of high-quality, revenue-generating solutions on the Ethereum blockchain. Key milestones in Jigstack's history include raising $2.7 million in a private sale, launching an Initial DEX Offering (IDO) for its STAK tokens, and developing a suite of independent financial applications. The project has committed to creating censorship-resistant systems that emphasise automation and user-centric design.