Hashstack

Hashstack

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Last Update

Apr 17, 2023

Secure permissionless under-collateralised loans upto 300% your collateral, for personal finance & trading capital needs.

About Hashstack

Hashstack’s Open protocol is the DeFi's only autonomous lending solution enabling under-collateralized loans upto 1:3 collateral-to-loan ratio. This means, on Open, you can borrow upto $300 by providing only $100 as a collateral. Of this, you can withdraw $70(i.e. upto 70% collateral), while utilising $230 as in-platform trading capital. In comparison, defi lending as of today is over collateralised.

On average a borrower provides a minimum of 42% excess collateral against the loan they intend to borrow. This creates a systemic design flaw, which is addressed through Open protocol.

Open improves upon the known inefficiencies in the present day decentralized financial lending space through under-collateralized loans, effective asset utilisation, & compartmentalization of deposits & loans by minimum commitment periods(mcp). MCP enhances systemic predictability of liquidity inflow, outflow.

 

Hashstack Roadmap

  • Mainnet v1.0

  • Update smart contracts to Cairo 1.0

Hashstack Team

Verified 50%

Attention. There is a risk that unverified members are not actually members of the team

Vinay Kumar
Founder/CEO
unverified
Aris Zarimpas
DevRel
verified

Hashstack Interviews

Aris Zarimpas
As a team member, сan you tell us about your role in the ICO project?
DevRel at Hashstack.

I'm dealing with external relations, building pipelines with other projects/investors and represent the company in conferences/ summits.
Also a key member of product, community and growth teams.
What do you think about idea?
Hashstack presents a novel solution in the DeFi landscape. With our permissionless undercollateralised lending protocol (Open) ,we are giving everyone the opportunity to borrow upto 3X of their collateral, thus 328% more when compared to the existing major competitors. Built on Starknet, we utilise the power of ZK rollups and Cairo, to help us disrupt this sector for good.

Hashstack Last News

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