TaskOn, a renowned Web3 platform known for its decentralized projects, has recently announced an exciting new partnership. The company has joined hands with Hashstack, a permissionless zk-rollup money market platform. TaskOn took to its official X account to share the details of this collaboration.
“We are delighted to announce our partnership with @0xHashstack for leveraged yield farming on #Starknet,” TaskOn posted on its social media account.
Built on Starknet, Hashstack utilizes zero-knowledge proofs to offer a cost-effective and capital-efficient lending solution. Those interested can find more information on Hashstack Community.
TaskOn and Hashstack Unveil Exclusive Giveaway of up to $1000 USDT
TaskOn expressed its excitement about this partnership in a recent post on X, stating that Hashstack operates as a protocol on Starknet, a zk-rollup L2 network on the Ethereum blockchain. Starknet allows decentralized applications to scale significantly while ensuring security. Hashstack has established itself as a key player in leveraged yield farming.
TaskOn highlighted the advantage of Hashstack’s use of zero-knowledge proofs. The platform sees this feature as beneficial for the project, providing significant cost efficiency and a capital-effective lending solution for clients.
The Distribution of $USDT Rewards to One Hundred Lucky Winners
Furthermore, TaskOn revealed that it will be distributing up to $1,000 worth of USDT rewards as part of a giveaway to celebrate its collaboration with Hashstack. One hundred lucky winners will receive these rewards, with the event running from May 27th to June 10th.