TaskOn, a well-known Web3 platform engaging in numerous initiatives with decentralization, has introduced a brand new collaboration. As per the agency, it has joined forces with Hashstack, a permissionless zk-local cash market discussion board. The platform took to its official X account to supply the small print about this partnership.
🥳 We’re thrilled to announce our partnership with @0xHashstack, leveraged yield farming on #Starknet.
🚀 Constructed on Starknet, Hashstack leverages the potential of zero-knowledge proofs to supply a value & capital-efficient lending answer. Discover extra on Hashstack Neighborhood!… pic.twitter.com/3mh9qaNsU5
— TaskOn | A Web3 Activity Collaboration Platform (@taskonxyz) Could 27, 2024
TaskOn and Hashstack Associate with an Unique Giveaway of as much as $1000 USDT
The corporate expressed its enthusiasm relating to this endeavor in its latest X submit. It talked about that Hashstack operates as a protocol on Starknet, a zk-rollup L2 community on the highest of the Ethereum blockchain. In keeping with the experiences, Starknet permits decentralized purposes to considerably scale whereas sustaining safety. Hashstack has obtained a vital place within the case of yield farming that’s leveraged.
The platform added that Hashstack takes profit from the zero-knowledge-proof functionality. TaskOn considers this potential to be fairly advantageous for the undertaking. It added that, with the utilization of the respective characteristic, it might probably supply appreciable value effectivity. It delivered to the entrance that Hashstack leverages the zk proofs to supply shoppers with a capital-effective lending answer.
The Hundred Fortunate Winners Will Witness the Distribution of the $USDT Rewards
Along with this, TaskOn disclosed the distribution of the $USDT rewards of as much as $1,000 value in whole. The platform moved on to say that this giveaway celebrates the most recent collaboration with Hashstack. The hundred fortunate winners will see the distribution of the respective rewards. The occasion interval begins on the 27th of Could and ends on the tenth of June.