What is Jigsaw?

Jigsaw is a CDP-based stablecoin protocol that brings full flexibility and composability to your collateral through the concept of “dynamic collateral”.

The protocol consists of two main interactions:

1. Deposit collateral into the protocol. Your collateral remains fully dynamic, meaning that you can move it between all whitelisted protocols and assets.

2. Take a debt against your collateral in the form of our native overcollateralized stablecoin jUSD

Jigsaw leverages crypto’s unique permissionless composability to enable dynamic collateral in a fully non-custodial way.

Dynamic collateral is the missing piece of DeFi for unlocking unparalleled flexibility and capital efficiency by boosting your yield.

At Jigsaw, dynamic collateral is more than just flexible asset management; it's about redefining what it means to harness the power of your assets in DeFi.

For us, dynamic collateral consists of two central themes.

1. Flexibility: Collateral does not need to be static. Jigsaw will make your collateral feel similar to a liquid position, which you can freely manage. Collateral can freely be moved between all whitelisted protocols and whitelisted assets.

2. Empowerment: Jigsaw will give users the tools to fully personalize your strategy for managing collateral. When to sell rewards, how to compound efficiently and the freedom to choose between all supported protocols without being boxed in.

This is the essence of truly dynamic collateral.

jUSD Loan

Taking a loan on Jigsaw comes in the form of the native stablecoin jUSD. The amount of jUSD (JigsawUSD) you can borrow depends on the LTV of your collateral.

You can either withdraw jUSD directly to your wallet or mint it into your account on Jigsaw.

As the debt is overcollateralized, the collateral cannot be withdrawn until the debt is repaid.