Hashstack

Hashstack

Created using Figma
Created using Figma
Borrow more, with Hashstack. Secure under-collateralised loans upto 300% your collateral, for personal finance & trading capital needs.
To be announced
Token Details
Ticker
HASH
Additional Details
Categories
Platform

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.

Open protocol plugs into various dapps to improve loan utilisation. As a first step, we have integrated Paraswap to facilitate in-app market swaps. Hashstack's open protocol is built on Binance smart chain.

What’s Unique:
 
-Open is the first meaningful step towards providing autonomous under-collateralised loans. No credit score, no anchorage required.
 
-Stabler APY & APR, catalysed by compartmentalised deposits, loans & effective asset utilisation.
 
-Open will bridge assets of other chains such as Ethereum as an expansion of its primary markets

Activity

Followers:
23 442
VERY HIGH
Tweets:
174
MEDIUM
30 Days Growth:
4871
Year commits:
1 970
Watchers:
17
Stars:
17
Forks:
11
Open issues:
29

Hashstack Last News

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