TaskOn, a renowned Web3 platform that specializes in decentralized projects, has recently announced an exciting new partnership. The company has joined forces with Hashstack, a permissionless zk-local money market forum. TaskOn took to their official X account to share the details of this collaboration.
“We are absolutely thrilled to announce our partnership with @0xHashstack, bringing leveraged yield farming to #Starknet,” TaskOn expressed in their announcement.
Hashstack, built on Starknet, utilizes the power of zero-knowledge proofs to offer a lending solution that is cost-effective and capital-efficient. To learn more about Hashstack and its community, visit their website.
TaskOn and Hashstack have also organized an exclusive giveaway, offering up to $1000 USDT in rewards. TaskOn expressed their excitement about this venture in their recent X post, highlighting that Hashstack operates as a protocol on Starknet, a zk-rollup L2 network built on the Ethereum blockchain. Starknet enables decentralized applications to scale significantly while maintaining a high level of security. Hashstack has emerged as a key player in the world of leveraged yield farming.
TaskOn emphasized the advantages of Hashstack’s utilization of zero-knowledge proofs. They believe this feature greatly benefits their project, allowing them to offer cost-efficient solutions. TaskOn revealed that Hashstack leverages zk proofs to provide clients with a lending solution that is both capital-effective and efficient.
Additionally, TaskOn unveiled the distribution of $USDT rewards, with a total value of up to $1000. This giveaway serves as a celebration of the new partnership with Hashstack. The rewards will be given to one hundred lucky winners. The event will begin on May 27th and conclude on June 10th.