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Announcing Hashstack's migration to Starkware's zk-Rollup solution- Starknet.

Hashstack is thrilled to announce its strategic shift to Starkware developed Starknet — the first general purpose permissionless Decentralized ZK-Rollup, to deploy Open — Hashstack’s money-market protocol to enable secure, under-collateralised loans on the blockchain. With this, Hashstack shifts its focus from EVM chains to zk-primitives to further its mission to

Deconstructing Hashstack’s Dynamic Interest algorithm(DIAL)

Back in January 2021, when we first introduced the whitepaper for Open protocol, we intended to implement a savings apr that is at par with the savings interest offered by the traditional financial(tradfi) institutions in high-growth economies; while also enabling a sense of predictable & stable apr. As we

Solving the protocol risks during sell-cascade event

Sell-cascades & smart contract exploits are two of the biggest risks concerning the defi ecosystem today. While the SOPs for smart contract security has evolved over the last few years, reliable solutions to secure the defi lending services against sell-cascade events are still at a nascent stage. Understanding the sell-cascade

Released — Open protocol whitepaper (v0.2)

Website Twitter Community Docs Github CareersYesterday, Hashstack published the updated whitpaper for its first product, Open protocol. This article offers a high-level summary of the concepts & processes laid out in the whitepaper(read here). Before we begin, if this is your first time reading about Hashstack or Open protocol,

Solving the asset utilisation problem in defi lending

In traditional finance(hereafter tradfi), when you deposit funds to your bank account, you earn a fixed interest against your savings. Depending on the type of savings, the apy varies. In most economies, the apy is a determinant of government’s economic policies & the central bank norms; which is