TaskOn, a renowned Web3 platform known for its decentralized projects, has recently announced an exclusive partnership with Hashstack. Hashstack, a permissionless zk-local money market forum, will be collaborating with TaskOn to provide enhanced services to their users. The announcement was made through TaskOn’s official X account, where they shared the details of this exciting collaboration.
TaskOn expressed their excitement about the partnership with Hashstack, emphasizing that the collaboration will enable leveraged yield farming on Starknet. Built on Starknet, Hashstack utilizes the power of zero-knowledge proofs to offer a cost and capital-efficient lending solution. TaskOn encouraged users to explore more about Hashstack’s community.
As part of this exclusive partnership, TaskOn and Hashstack have also announced a giveaway worth up to $1000 USDT. The company expressed its enthusiasm for this endeavor in their recent X post, highlighting that Hashstack operates as a protocol on Starknet, a zk-rollup L2 network on the Ethereum blockchain. Starknet enables decentralized applications to scale significantly while ensuring security. Hashstack has positioned itself as a leader in leveraged yield farming.
TaskOn believes that Hashstack’s utilization of zero-knowledge proofs is a significant advantage for the project. With this feature, TaskOn can offer cost efficiency to their clients. Hashstack utilizes zk proofs to provide a capital-effective lending solution.
To celebrate their partnership, TaskOn will distribute $USDT rewards worth up to $1000 among a hundred lucky winners. This giveaway will run from May 27th to June 10th and is intended to commemorate the collaboration between TaskOn and Hashstack. The winners will have the opportunity to witness the distribution of the rewards.
The exclusive partnership between TaskOn and Hashstack marks a significant milestone for both platforms, and users can look forward to enhanced services and opportunities in the Web3 space.