Hashstack (HASH)

Hashstack Finance is a DeFi platform whose Open protocol aims to disrupt the DeFi market by offering the first non custodial under-collateralized lending solution for the retail market.

Hashstack seed round raised $1Mn

Whitepaper

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Interest lvl

NA

Updated: Jun 19, 2022

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User Rating

Highest

5/5 • 2 votes

Ticker

HASH

Type

Utility-token

FoundedIndia

Registration countryIndia

Registration year2021

Office addressHAL Old Airport Road, G-06, Bengaluru East, Karnataka 56008, IN

Launchpads

Poolz Finance

What is Hashstack

Hashstack’s Open Protocol is the only product today that enables under-collateralized loans up to 1:3 collateral-to-loan ratio.

The Hashstack has developed a novel mechanism that enables eternal scalability of storage and logic of smart contracts.

To accelerate the growth of DeFi lending, Hashstack’s Open Protocol eliminates inefficiencies from the DeFi ecosystem through a three-pronged approach:

• Clear compartmentalisation of APY and APR of deposits/loans with that of their minimum commitment period (MCP)
• Effective asset utilization through diversification of available assets via lending and providing trading capital
• Under-collateralized loans

Hashstack integrates with other DeFi solutions such as Pancakeswap to facilitate in-app market swaps and to improve loan utilization.

With Hashstack, borrowers can exchange borrowed tokens for other primary or secondary coins without having to switch dApps.