Hashstack report — January, 2024

Mainnet V1 has reached an all-time high at $700k+ TVL, and we've worked on making the UX easier ??

Additionally, our blockchain developers are currently upgrading the Cairo contracts from v0 to v2.

A quick wrap-up of everything we did in January.

This article is structured into four main parts:

1. Highlights
2. Product
3. Collaborations
4. Metrics

1/ Highlights

Hashstack reached an all time high of $700k+ in TVL! ??

2/ Product:

• Upgraded V1 contracts to Cairo 2.0 (85% complete).
• Migrated the testnet from Goerli to Sepolia network.
• Deployed risk dashboard: risk.hashstack.finance
• Bug fixes and upgrades in the off-chain liquidation engine.

3/ Collaborations ??

We hosted Dmail team on X spaces to learn more about their TGE and Airdrop details.

Here’s the recording of the spaces: https://twitter.com/i/spaces/1RDGllOWqADGL

4/ KPI

Some V1 metrics:

• TVL across 5 tokens: $350k
• Capital efficiency (utilisation): 29%
• Key markets : ETH [Supply], ETH [Borrow]
• Hashstack v1 instant access: hstk.fi/hashstack

Here's how you can become a part of Hashfam:

?? Visit hstk.fi/hashstack to witness under-collateralized lending in action!

And don't forget to share your feedback with us in our Discord community: https://discord.gg/hashstack