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Primary & secondary markets

Hashstack breaks down the supported crypto assets into two categories
  1. 1.
    Primary markets
  2. 2.
    Secondary markets

Primary markets

As the name suggests, primary markets are the crypto assets central to Hashstack's operations. Primary markets make the following in-dapp interactions possible
  1. 1.
    Supply liquidity to the protocol
  2. 2.
    Borrow liquidity from the protocol
  3. 3.
    All liquidity provider & borrower actions.
At Hashstack, we have carefully curated the below list of 5 markets based on their market liquidity, price stability, market interest.
  1. 1.
    wBTC
  2. 2.
    USDC
  3. 3.
    USDT
  4. 4.
    wETH
  5. 5.
    DAI

Secondary markets

Secondary markets are the crypto-assets a borrower can convert their acquired debt to through swap, stake, trade. Secondary assets exist on the Hashstack carefully integrates. The secondary markets in comparison to primary markets are less-liquid, less-price stable assets, but with hyper-active development teams building real-use products.
On Hashstack, a borrower acquires debt in a primary market, may/may not withdraw a portion of the debt into their personal wallet; while spending the remnant loan on an integrated dapp converting the primary market into a secondary market. This allows debt-seekers to amplify their trading capital upto three times, and keep the profits earned to themself.