Hashstack

Hashstack is a pioneering startup in the blockchain and fintech industries, founded in 2021. The company has recently secured a significant $1.00M Seed Round investment from Kane & Rao Group in January 2022. Hashstack's permissionless zk-native money market protocol sets it apart in the industry, offering secure under-collateralized loans to crypto retail users. Leveraging Starknet L2, the platform utilizes zero-knowledge proofs to deliver a cost and capital-efficient lending solution, addressing blind spots and risks present in existing money markets like Compound, Aave, and Euler Finance. One of the core strengths of Hashstack's Open protocol is its ability to allow global users to borrow up to three times their collateral in a permissionless manner without trusted third parties, representing a 328% higher loan-to-collateral ratio compared to industry peers. The borrowed funds can be utilized as trading capital or withdrawn into the borrower's personal wallet, with the remaining amount retained within the protocol for trading. Moreover, Open integrates critical dapps across zk L2 and L1s to enable loan spending, facilitating seamless asset transfers and market state changes for borrowers. In essence, Hashstack's innovation not only injects efficiency and security into the lending process but creates opportunities for users to generate profit from borrowed funds through strategic trading, thus ensuring value for all participants. This unique approach positions Hashstack as a promising contender in the evolving landscape of decentralized finance.