Hashstack provides a secure, permission-less undercollateralized lending solution inclusive to all. Users can borrow up to 3 times their collateral without a credit score.
Undercollateralized lending is when we deposit collateral lesser than the value of what we are borrowing. In simple terms, collateral < loan amount.
There are plenty of reasons to choose Hashstack over the rest solutions currently operating. First and foremost is the ability to get over 600% more loan on your collateral.
Secondly, the fact that you can utilise the entirety of our financial services in a permissionless way without credit scores. So, you can access our platform instantly without the need of tokens in your wallet! You can use our platform with tokens to Swap, Trade and Stake tokens.
Third, we use Zero Knowledge Proofs that make a big difference around security, sustainability and user experience.
Hashstack supports only Starknet at the moment. More major L1's/L2's will be announced later on.
Hashstack supports any wallet compatible with Starknet, like Braavos and ArgentX.
Hashstack uses Pragma Network to get both price and computational feeds. The price feeds are used as a reference price for the users. Computational feeds, on the other hand, are used to calculate the volatility of the assets, which in turn drives the calculation of permissible CDR [Collateral to Debt Ratio].
No, you cannot withdraw the borrowed amount.
Hashstack will send you an in-app notification when your collateral value drops below a certain threshold. You can add more collateral to your loan and prevent it from entering the distressed category.
You can deposit and borrow wBTC/wETH/USDC/USDT/DAI in Hashstack's primary markets.
We have conducted ample Quality Assurance Tests and security audits to check for any source of critical bugs/exploits in our code. However, no platform is 100% secure. Additionally, we have opened our repositories for the Community Bug Bounty Program as an effort of adding security to code.
Yes, Hashstack has been audited by Certik, one of the most reliable and trusted auditing platforms in the crypto space. We're currently getting our Cairo contracts audited by a reputed audit company in the Starknet ecosystem (details will be released soon).
No, you don't need to be KYC verified to access Hashstack. Supply and borrow is permissionless and requires only a Starknet address.
You can contribute via our Contribute-2-Earn Program, which is accessible through our zealy page. To start your journey, you only need a Starknet-compatible wallet and a Twitter account. We welcome people from every field - designers, content writers, devs, etc.
There is no public tokenomics for our project yet.
We don't have any TGE/ICO/IDO events, yet. Our official blog will be release details regarding that.
We haven't announced any airdrop as of now. Please follow our blog for official updates.
No, that is fake. No one related to Hashstack will ever message anyone directly nor offer free tokens or investments. In such incidents, please inform the team immediately.
No. Only the permitted tokens (wBTC/wETH/USDC/USDT/DAI) in our primary markets are allowed.
Hashstack does not accept payments or donations of any kind to promote events or activities.