HSTK Token Launch — Everything You Need to Know
In this article, we introduce HSTK, explain our token provisions, and highlight how it symbolizes the journey of our protocol.
Hashstack.finance is a decentralized finance (DeFi) platform focused on innovative lending and borrowing solutions. The HSTK token is the native built on the ERC20 token standards, designed to incentivise user participation through utility & governance.
HSTK token serves 3 broad purposes
- Store of authority: Facilitate decentralised governance — create & vote in community generated governance proposals.
- Store of value: For payment of in-dapp transaction fees, to compensate partner projects, kol, community participants who help secure/further the ecosystem.
- Unlock capabilities: For liquidator roles, early feature access.
The token release represents Hashstack’s commitment to acknowledging the users, investors, and contributors who have been instrumental in the platform’s development and success.
Tokenomics
- Name: Hashstack
- Symbol: HSTK
- Total supply: 9,000,000,000 (9 Billion tokens). Supply hard-capped.
- Decimals: 18
- Networks deployed: Ethereum, Starknet
You can find comprehensive tokenomics here — token.hashstack.finance/tokenomics
Key definitions
- Emission Rate: The pace at which tokens are circulated over time.
- Cliff: A fixed period during which tokens cannot be claimed, ensuring long-term alignment between the protocol and its users.
- This balanced approach is key for creating long-term value for our token holders.
Provisions
The provisions section is your portal to claim HSTK tokens, which you earned through your participation in & contributions to the Hashstack ecosystem.
Eligible participants fall into the following categories
- Airdrop: Completed 5+ transactions on Hashstack V1 over three months, with a cumulative value of $100+ and a minimum supply/borrow balance of $25+.
- CCP (Content Creators Program): Created 3+ original and diverse content pieces about Hashstack across multiple platforms.
- Early backers : Early backers including the investor & ecosystem partners fall under this category.
Visit token.hashstack.finance to check your eligibility and claim your tokens!
How to Claim HSTK Tokens
Here’s a quick step-by-step guide to claim your tokens:
- Verify Eligibility: Connect your Ethereum (L1) or Starknet (L2) wallet on the provisions page and authenticate to confirm your eligibility.
- Check Token Details: After verification, view your dashboard, which shows the claimable amount, total allocation, and an option to set an alternate wallet address.
- Claim Tokens: Scroll to the eligibility section to view your category details, including total pool tokens, claimable amount, and emission rate. Click “Claim” to receive your HSTK tokens.
Pro Tip
For a detailed walkthrough, check out our “Quick Guide to HSTK Provisions” video on the provisions page.
Note: While the claiming process is simple, we recommend reviewing all details carefully to ensure a smooth experience.
