{"id":74851,"date":"2022-06-29T12:43:51","date_gmt":"2022-06-29T12:43:51","guid":{"rendered":"https:\/\/pr.asianetpakistan.com\/?p=94107"},"modified":"2022-06-29T12:43:51","modified_gmt":"2022-06-29T12:43:51","slug":"jax-network-has-released-layer-2-stablecoins-on-bscscan-polygonscan-etherscan-avalanche-c-chain","status":"publish","type":"post","link":"https:\/\/lebanonnewsgazette.com\/jax-network-has-released-layer-2-stablecoins-on-bscscan-polygonscan-etherscan-avalanche-c-chain\/","title":{"rendered":"Jax.Network has released Layer-2 stablecoins on BscScan, Polygonscan, Etherscan, Avalanche C-Chain"},"content":{"rendered":"
\n

DUBAI, United Arab Emirates, June 29, 2022 (GLOBE NEWSWIRE) — Jax.Network, a blockchain project focused on building an energy-standard monetary system, has minted WJAX, JAXUD, and JAXRE on its DeFi platform. The Layer-2 stablecoins are available on Binance Smart Chain, Ethereum, Polygon and Avalanche C-Chain now.<\/p>\n

WJAX (Wrapped JAX), JAXUD (JAX Dollar), and JAXRE (JAX Rupee) are stablecoins, minted by the smart contract on Jax.Money<\/u><\/a>. This DeFi platform can be used to issue localized derivatives soft-pegged to an energy token JAX, which retains its stable value thanks to a unique reward function<\/u><\/a>. At the moment, tokens can be tracked at BscScan<\/u><\/a>, Etherscan<\/u><\/a>, Polygonscan<\/u><\/a>, and Snowtrace (Avalanche C-Chain)<\/u><\/a>.<\/p>\n\n\n\n\n\n\n\n
\n

Token<\/strong><\/td>\n

Network<\/strong><\/td>\n<\/tr>\n
BSC<\/td>\nEthereum<\/td>\nPolygon<\/td>\nAvalanche C-Chain<\/td>\n<\/tr>\n
WJAX<\/td>\n0xf07352E8e3b88e8500D24301f5FC05A916d708cc<\/u><\/a><\/td>\n0x2Df380cD3eeB7F1Ee5deB087Fe9FbCF8959095Ee<\/u><\/a><\/td>\n0x1d60AA1D6137Dcb1306C8A901EBd215Ca661d0cb<\/u><\/a><\/td>\n0xdd32f4dba92b04f2d4ade25dfad7a127027c379d<\/u><\/a><\/td>\n<\/tr>\n
JAXUD<\/td>\n0xeff49aED7baaBa69DCBdA577b34850c41e8F5226<\/u><\/a><\/td>\n0x935b0bF173552cd55E53AD651a783430a5700cD4<\/u><\/a><\/td>\n0x9e79696a4c1163d35f01d71dcbbc5c139691c6d3<\/u><\/a><\/td>\n0x1d60aa1d6137dcb1306c8a901ebd215ca661d0cb<\/u><\/a><\/td>\n<\/tr>\n
JAXRE<\/td>\n0x86ECE7D9cdA927B3Ec4044Df67B082FA55A1c198<\/u><\/a><\/td>\n0x88d7FE32284f1dBD398D58222DE8DFd87dD75460<\/u><\/a><\/td>\n0xd85a8b4964850ae85121d5652e6f0696512feb10<\/u><\/a><\/td>\n0x9E79696a4C1163D35f01d71DcbBc5C139691C6D3<\/u><\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\u201cThe current debt-facilitating monetary system manipulates people into working for currencies that are subject to inflation. We took several years to come up with a currency backed by energy, reflecting efforts put into its mining and launched a whole new energy-standard monetary system to serve people\u2019s needs all around the world,\u201d Vinod Manoharan, the Founder of Jax.Network, revealed in a comment.<\/em><\/p>\n

Apart from their transactional use, localized stablecoins such as JAXRE and JAXUD offer an excellent arbitrage opportunity with their fiat representations, as Jax.Money provides better exchange rates. Feel free to try out energy tokens fully backed by on-chain reserves at Jax.Money<\/u><\/a> now!<\/p>\n

About Jax.Network<\/strong><\/p>\n

Jax.Network<\/u><\/a> provides the technological infrastructure for a decentralized energy-standard monetary system. The Jax.Network blockchain is anchored to the Bitcoin network and issues two digital currencies JAX and JXN. JAX is a stablecoin pegged to the energy spent on mining, while JXN is an asset coin representing the value of the whole network. The Jax.Network team aims at making these coins a universal standard for the quantification of economic value.<\/p>\n

About Jax.Money<\/strong><\/p>\n

Jax.Money<\/u><\/a> is a stablecoin payments system with 100% on-chain reserves backed by energy spent or Proof-of-Work. Its primary function is issuing localized derivatives soft-pegged to an energy-underwritten stablecoin (Wrapped JAX). Such a solution helps to maintain the stable value of a localized derivative and to simplify the payment process itself.<\/p>\n

CONTACT <\/strong>Viktoriya Nechyporuk, Marketing Communications Lead
\nCOMPANY <\/strong>Jax.Network
\nPHONE <\/strong>+380 67 657 0029
\nEMAIL <\/strong>viktoriya@jax.net<\/a>
\nWEB <\/strong>https:\/\/jax.network<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

DUBAI, United Arab Emirates, June 29, 2022 (GLOBE NEWSWIRE) \u2014 Jax.Network, a blockchain project focused on building an energy-standard monetary system, has minted WJAX, JAXUD, and JAXRE on its DeFi platform. The Layer-2 stablecoins are available on Binance Smart Chain, Ethereum, Polygon and Avalanche C-Chain now. WJAX (Wrapped JAX), JAXUD (JAX Dollar), and JAXRE (JAX [\u2026]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17,343],"tags":[],"yoast_head":"\nJax.Network has released Layer-2 stablecoins on BscScan, Polygonscan, Etherscan, Avalanche C-Chain - Lebanon News Gazette<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/lebanonnewsgazette.com\/jax-network-has-released-layer-2-stablecoins-on-bscscan-polygonscan-etherscan-avalanche-c-chain\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Jax.Network has released Layer-2 stablecoins on BscScan, Polygonscan, Etherscan, Avalanche C-Chain - Lebanon News Gazette\" \/>\n<meta property=\"og:description\" content=\"DUBAI, United Arab Emirates, June 29, 2022 (GLOBE NEWSWIRE) \u2014 Jax.Network, a blockchain project focused on building an energy-standard monetary system, has minted WJAX, JAXUD, and JAXRE on its DeFi platform. The Layer-2 stablecoins are available on Binance Smart Chain, Ethereum, Polygon and Avalanche C-Chain now. WJAX (Wrapped JAX), JAXUD (JAX Dollar), and JAXRE (JAX [\u2026]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/lebanonnewsgazette.com\/jax-network-has-released-layer-2-stablecoins-on-bscscan-polygonscan-etherscan-avalanche-c-chain\/\" \/>\n<meta property=\"og:site_name\" content=\"Lebanon News Gazette\" \/>\n<meta property=\"article:published_time\" content=\"2022-06-29T12:43:51+00:00\" \/>\n<meta name=\"author\" content=\"lnadmin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"lnadmin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/lebanonnewsgazette.com\/jax-network-has-released-layer-2-stablecoins-on-bscscan-polygonscan-etherscan-avalanche-c-chain\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/lebanonnewsgazette.com\/jax-network-has-released-layer-2-stablecoins-on-bscscan-polygonscan-etherscan-avalanche-c-chain\/\"},\"author\":{\"name\":\"lnadmin\",\"@id\":\"https:\/\/lebanonnewsgazette.com\/#\/schema\/person\/b220111f97227f75d2130729cf3e0840\"},\"headline\":\"Jax.Network has released Layer-2 stablecoins on BscScan, Polygonscan, Etherscan, Avalanche C-Chain\",\"datePublished\":\"2022-06-29T12:43:51+00:00\",\"dateModified\":\"2022-06-29T12:43:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/lebanonnewsgazette.com\/jax-network-has-released-layer-2-stablecoins-on-bscscan-polygonscan-etherscan-avalanche-c-chain\/\"},\"wordCount\":502,\"publisher\":{\"@id\":\"https:\/\/lebanonnewsgazette.com\/#organization\"},\"articleSection\":[\"MENA\",\"Press Releases\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/lebanonnewsgazette.com\/jax-network-has-released-layer-2-stablecoins-on-bscscan-polygonscan-etherscan-avalanche-c-chain\/\",\"url\":\"https:\/\/lebanonnewsgazette.com\/jax-network-has-released-layer-2-stablecoins-on-bscscan-polygonscan-etherscan-avalanche-c-chain\/\",\"name\":\"Jax.Network has released Layer-2 stablecoins on BscScan, Polygonscan, Etherscan, Avalanche C-Chain - Lebanon News Gazette\",\"isPartOf\":{\"@id\":\"https:\/\/lebanonnewsgazette.com\/#website\"},\"datePublished\":\"2022-06-29T12:43:51+00:00\",\"dateModified\":\"2022-06-29T12:43:51+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/lebanonnewsgazette.com\/jax-network-has-released-layer-2-stablecoins-on-bscscan-polygonscan-etherscan-avalanche-c-chain\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/lebanonnewsgazette.com\/jax-network-has-released-layer-2-stablecoins-on-bscscan-polygonscan-etherscan-avalanche-c-chain\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/lebanonnewsgazette.com\/jax-network-has-released-layer-2-stablecoins-on-bscscan-polygonscan-etherscan-avalanche-c-chain\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/lebanonnewsgazette.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Jax.Network has released Layer-2 stablecoins on BscScan, Polygonscan, Etherscan, Avalanche C-Chain\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/lebanonnewsgazette.com\/#website\",\"url\":\"https:\/\/lebanonnewsgazette.com\/\",\"name\":\"Lebanon News Gazette\",\"description\":\"News from Lebanon\",\"publisher\":{\"@id\":\"https:\/\/lebanonnewsgazette.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/lebanonnewsgazette.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/lebanonnewsgazette.com\/#organization\",\"name\":\"Lebanon News Gazette\",\"url\":\"https:\/\/lebanonnewsgazette.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/lebanonnewsgazette.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/lebanonnewsgazette.com\/wp-content\/uploads\/2020\/07\/cropped-lebanonnewsgazette-logo-1.png\",\"contentUrl\":\"https:\/\/lebanonnewsgazette.com\/wp-content\/uploads\/2020\/07\/cropped-lebanonnewsgazette-logo-1.png\",\"width\":503,\"height\":261,\"caption\":\"Lebanon News Gazette\"},\"image\":{\"@id\":\"https:\/\/lebanonnewsgazette.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/lebanonnewsgazette.com\/#\/schema\/person\/b220111f97227f75d2130729cf3e0840\",\"name\":\"lnadmin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/lebanonnewsgazette.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/ff4aa10d4f36ab9dc3cce9e101792273?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/ff4aa10d4f36ab9dc3cce9e101792273?s=96&d=mm&r=g\",\"caption\":\"lnadmin\"},\"url\":\"https:\/\/lebanonnewsgazette.com\/author\/lnadmin\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Jax.Network has released Layer-2 stablecoins on BscScan, Polygonscan, Etherscan, Avalanche C-Chain - Lebanon News Gazette","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/lebanonnewsgazette.com\/jax-network-has-released-layer-2-stablecoins-on-bscscan-polygonscan-etherscan-avalanche-c-chain\/","og_locale":"en_US","og_type":"article","og_title":"Jax.Network has released Layer-2 stablecoins on BscScan, Polygonscan, Etherscan, Avalanche C-Chain - Lebanon News Gazette","og_description":"DUBAI, United Arab Emirates, June 29, 2022 (GLOBE NEWSWIRE) \u2014 Jax.Network, a blockchain project focused on building an energy-standard monetary system, has minted WJAX, JAXUD, and JAXRE on its DeFi platform. The Layer-2 stablecoins are available on Binance Smart Chain, Ethereum, Polygon and Avalanche C-Chain now. WJAX (Wrapped JAX), JAXUD (JAX Dollar), and JAXRE (JAX [\u2026]","og_url":"https:\/\/lebanonnewsgazette.com\/jax-network-has-released-layer-2-stablecoins-on-bscscan-polygonscan-etherscan-avalanche-c-chain\/","og_site_name":"Lebanon News Gazette","article_published_time":"2022-06-29T12:43:51+00:00","author":"lnadmin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"lnadmin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/lebanonnewsgazette.com\/jax-network-has-released-layer-2-stablecoins-on-bscscan-polygonscan-etherscan-avalanche-c-chain\/#article","isPartOf":{"@id":"https:\/\/lebanonnewsgazette.com\/jax-network-has-released-layer-2-stablecoins-on-bscscan-polygonscan-etherscan-avalanche-c-chain\/"},"author":{"name":"lnadmin","@id":"https:\/\/lebanonnewsgazette.com\/#\/schema\/person\/b220111f97227f75d2130729cf3e0840"},"headline":"Jax.Network has released Layer-2 stablecoins on BscScan, Polygonscan, Etherscan, Avalanche C-Chain","datePublished":"2022-06-29T12:43:51+00:00","dateModified":"2022-06-29T12:43:51+00:00","mainEntityOfPage":{"@id":"https:\/\/lebanonnewsgazette.com\/jax-network-has-released-layer-2-stablecoins-on-bscscan-polygonscan-etherscan-avalanche-c-chain\/"},"wordCount":502,"publisher":{"@id":"https:\/\/lebanonnewsgazette.com\/#organization"},"articleSection":["MENA","Press Releases"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/lebanonnewsgazette.com\/jax-network-has-released-layer-2-stablecoins-on-bscscan-polygonscan-etherscan-avalanche-c-chain\/","url":"https:\/\/lebanonnewsgazette.com\/jax-network-has-released-layer-2-stablecoins-on-bscscan-polygonscan-etherscan-avalanche-c-chain\/","name":"Jax.Network has released Layer-2 stablecoins on BscScan, Polygonscan, Etherscan, Avalanche C-Chain - Lebanon News Gazette","isPartOf":{"@id":"https:\/\/lebanonnewsgazette.com\/#website"},"datePublished":"2022-06-29T12:43:51+00:00","dateModified":"2022-06-29T12:43:51+00:00","breadcrumb":{"@id":"https:\/\/lebanonnewsgazette.com\/jax-network-has-released-layer-2-stablecoins-on-bscscan-polygonscan-etherscan-avalanche-c-chain\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/lebanonnewsgazette.com\/jax-network-has-released-layer-2-stablecoins-on-bscscan-polygonscan-etherscan-avalanche-c-chain\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/lebanonnewsgazette.com\/jax-network-has-released-layer-2-stablecoins-on-bscscan-polygonscan-etherscan-avalanche-c-chain\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/lebanonnewsgazette.com\/"},{"@type":"ListItem","position":2,"name":"Jax.Network has released Layer-2 stablecoins on BscScan, Polygonscan, Etherscan, Avalanche C-Chain"}]},{"@type":"WebSite","@id":"https:\/\/lebanonnewsgazette.com\/#website","url":"https:\/\/lebanonnewsgazette.com\/","name":"Lebanon News Gazette","description":"News from Lebanon","publisher":{"@id":"https:\/\/lebanonnewsgazette.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/lebanonnewsgazette.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/lebanonnewsgazette.com\/#organization","name":"Lebanon News Gazette","url":"https:\/\/lebanonnewsgazette.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/lebanonnewsgazette.com\/#\/schema\/logo\/image\/","url":"https:\/\/lebanonnewsgazette.com\/wp-content\/uploads\/2020\/07\/cropped-lebanonnewsgazette-logo-1.png","contentUrl":"https:\/\/lebanonnewsgazette.com\/wp-content\/uploads\/2020\/07\/cropped-lebanonnewsgazette-logo-1.png","width":503,"height":261,"caption":"Lebanon News Gazette"},"image":{"@id":"https:\/\/lebanonnewsgazette.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/lebanonnewsgazette.com\/#\/schema\/person\/b220111f97227f75d2130729cf3e0840","name":"lnadmin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/lebanonnewsgazette.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/ff4aa10d4f36ab9dc3cce9e101792273?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/ff4aa10d4f36ab9dc3cce9e101792273?s=96&d=mm&r=g","caption":"lnadmin"},"url":"https:\/\/lebanonnewsgazette.com\/author\/lnadmin\/"}]}},"_links":{"self":[{"href":"https:\/\/lebanonnewsgazette.com\/wp-json\/wp\/v2\/posts\/74851"}],"collection":[{"href":"https:\/\/lebanonnewsgazette.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lebanonnewsgazette.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lebanonnewsgazette.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lebanonnewsgazette.com\/wp-json\/wp\/v2\/comments?post=74851"}],"version-history":[{"count":0,"href":"https:\/\/lebanonnewsgazette.com\/wp-json\/wp\/v2\/posts\/74851\/revisions"}],"wp:attachment":[{"href":"https:\/\/lebanonnewsgazette.com\/wp-json\/wp\/v2\/media?parent=74851"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lebanonnewsgazette.com\/wp-json\/wp\/v2\/categories?post=74851"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lebanonnewsgazette.com\/wp-json\/wp\/v2\/tags?post=74851"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}