HSP · LIVE ON HASHKEY CHAIN
hashpay.tech
HASHPAY

The Income
Protocol.

Democratizing payroll for crypto.
Six composable primitives, native to HashKey Chain.

RK
Raj Karia
Founder · HashPay
Tech Demo HashKey Chain Hackathon ~ 7 min • live on mainnet-testnet
01 / 09 hashpay.tech/protocol
HASHPAY / MARKET
01
the market waiting to be served

Crypto has millions of workers.
Zero native payroll rails.

Crypto companies
59K+
Active crypto & Web3 companies globally. 5,830 are venture-backed startups.
StartUs Insights, 2025
Workforce to pay
1.9M+
People employed by crypto companies worldwide. 228K new jobs added last year.
Grand View Research, 2025
DAO contributors
13K DAOs
Active DAOs paying contributors. $30B+ in treasuries. 5.1M governance holders.
DAO Tools Report, 2025
Monthly payroll spend
$9.5B/mo
Est. monthly crypto salary volume. $114B annually. None of it is native to HashKey.
Derived: 1.9M × $5K avg
the mission
Payroll should not be a privilege reserved for teams big enough to hire a CFO.
HashPay democratizes payroll — one-click, on-chain, for any team, on HashKey.
02 / 09 // today: spreadsheets + 47 MetaMask confirmations · tomorrow: one click
HASHPAY / PROTOCOL
02
what we built

Not a product.
A protocol.

Six composable on-chain primitives. Every read is permissionless. Anyone — any team, any protocol, any chain — can compose on top.

01 · how money flows Cadence recipient’s choice Batch, stream, pull, or hybrid split. One payroll, every cadence. AdaptiveCadence.sol
02 · what idle money does Yield runway extends itself ERC-4626 auto-deposit. 6-month runway becomes 7.2 months. Zero ops change. YieldEscrow.sol
03 · what receipts compose into Reputation proof-of-income, permissionless Every attestation aggregates. Chainlink-compatible oracle. Any protocol reads it. ReputationRegistry.sol
04 · receipt-backed credit Advances the PayFi loop, closed Borrow up to 70% of next payout. Reputation-tiered APR. Auto-repaid on cycle execute. PayrollAdvance.sol
05 · pluggable gating Compliance as composition, not code KYC, jurisdiction, sanctions, rate limits, timelocks. Configurable per-payroll. ComplianceHookRegistry.sol
06 · fiat-denominated pay Salary Index built for emerging markets Quote in INR, USD, EUR. Chainlink oracle resolves to tokens at execute time. SalaryIndex.sol
03 / 09 // every read function, public by default
HASHPAY / PRODUCT
03
▶ live on hashkey chain

Two tabs. One cycle. Ninety seconds.

Here’s what a HashPay cycle looks like end-to-end — from funded escrow to recipient borrowing against their next paycheck.

hashpay.tech/employer
Employer Dashboard
0x7a4B…E2f1 · HashKey Chain
● 3 ACTIVE
Engineering Team · Monthly
5 recipients · Cycle #6 · Due in 0h 02m
$24,500 /cycle
Runway: 8.4 cycles+0.8 from yield @ 4.5% APY
→ EXECUTE CYCLE attest report
Contractors · Weekly
8 recipients · Cycle #24
$6,200
Design Team · Biweekly
3 recipients · INR-denominated
₹2.4L
hashpay.tech/employee · reputation
On-chain Proof-of-Income
TIER 1 · 70% LTV
$24,100 /90d
ON-TIME RATE96.2%
UNIQUE EMPLOYERS3
LIFETIME RECEIVED$47,200
ATTESTATIONS18
FIRST PAYMENT214 days ago
Next Payout Advance
ELIGIBLE
NEXT PAYOUT$4,900 in 28 days
INTEREST1% / cycle
BORROW NOW
up to $3,430
next up switching to the live product — execute a cycle, show the block explorer, trigger the advance…
04 / 09 // ~2s settlement · ~$0.01 gas · 100% on-chain
HASHPAY / ADVANTAGE
04
why hashpay wins

Everyone else built a payment.
We built the entire income stack.

01
Protocol, not product
Six composable primitives. Anyone can build on top — credit markets, reputation oracles, auto-investors. Zebec and Sablier are apps. We’re the stack underneath.
// 6 contracts shipped · all reads permissionless
02
The credit loop, closed
Income → Reputation → Credit → Settlement. A worker with 6 months of HashPay history can borrow against their next paycheck. Nobody else has shipped this.
// reputation-tiered LTV · 30/50/70%
03
Native to HashKey
Zebec is Solana-first. Sablier is Ethereum-first. Franklin is US-first. HashPay is HashKey-first — purpose-built for the compliance-first chain. The PayFi slot is open.
// live on HSK chain · HSP settlement native
04
Compliance as composition
KYC SBT, jurisdiction, sanctions, timelocks — pluggable hooks, configurable per-payroll. The only payroll protocol that operates inside a licensed-entity framework.
// max 5 hooks per payroll · hot-swappable
05
Emerging-market first
Salary Index denominates pay in INR, USD, EUR. Oracle resolves at execute time. Built where the workers actually are — India, SEA, LATAM.
// Chainlink oracle · any fiat pair
06
Yield that compounds the chain
Idle escrow auto-deposits into HashKey ERC-4626 vaults. Every employer becomes a passive LP. Payroll becomes DeFi top-of-funnel.
// +20% runway extension at 4.5% APY
05 / 09 // six moats. one protocol. zero competitors on HashKey.
HASHPAY / LANDSCAPE
05
the positioning

Nobody is where we are.

Payroll streaming is crowded. Income protocols — ones that compose reputation, credit, yield, and compliance — have no incumbent.

HashPay HashKey · 6 primitives
Zebec Solana · streaming + cards
Sablier 28 chains · vesting + flow
Superfluid 10 chains · super tokens
Franklin ETH/Polygon · hybrid payroll
Request ETH · invoicing + payroll
PROTOCOL STACK SINGLE-PRIMITIVE GENERIC CHAIN HASHKEY-NATIVE HASHKEY ALIGNMENT → PROTOCOL DEPTH → Zebec Solana Sablier 28 chains Superfluid Franklin Request HashPay HSK · 6 PRIMITIVES ← open territory
06 / 09 // three teams raised $50M+ building this on the wrong chains.
HASHPAY / ECOSYSTEM
06
why hashkey wins when hashpay wins

The fastest path to quality users
and sticky TVL on HashKey Chain.

Recurring settlement volume
$60M/yr
Just 100 teams at $50K/mo avg. Not speculative TVL — sticky, predictable settlement that shows up every month.
On-chain actions per month
25K+
1 HSP receipt + N attestations + N reputation updates per cycle. Real transactions. Real gas.
Every idle dollar → DeFi
100% LP
Escrow auto-deposits into HashKey ERC-4626 vaults. Every employer becomes a passive LP.
Quality users
Crypto teams + their 1.9M workers arrive for payroll and stay for DeFi. Every contributor becomes a wallet on HashKey — that’s the acquisition channel.
Deep moat
A worker with 6 months of income history doesn’t switch chains. The chain that owns income verification owns the worker. HashKey should be that chain.
PayFi pillar
HashKey’s four stated focus areas: BTCFi, RWA, stablecoins, PayFi. HashPay is the flagship PayFi protocol — native, not retrofitted.
Compliance fit
KYC SBT, jurisdiction gating, sanctions, timelocks shipped today. The only payroll protocol that operates inside a licensed-entity framework.
07 / 09 // HashKey Chain DeFi TVL today: ~$1.96M. this is a step-function, not a bump.
HASHPAY / ROADMAP
07
what ships next

Every primitive is already deployed.
We ship in weeks, not quarters.

Now 30 days
  • HSP mainnet out of sandbox
  • First 10 pilot teams live on HashKey
  • HBTC denominated payroll (BTCFi alignment)
  • Audit kickoff (Zellic/ToB)
Q3 2026 60 days
  • Reputation oracle consumed by first lending protocol
  • Employer credit lines against escrow
  • Mobile wallet — OKX, Trust Wallet
  • 100 teams, $1M monthly volume
Q4 2026 90 days
  • Cross-border remittance rail (INR/USD/PHP)
  • Auto-invest paychecks into RWA vaults
  • Reputation NFTs portable across chains
  • 1,000 teams, $10M+ monthly
2027 vision
  • Undercollateralized credit markets on HSK
  • Payroll-as-top-of-funnel for every HSK protocol
  • Enterprise tier — Fortune 500 Web3 subsidiaries
  • 10,000 teams, $100M+ monthly volume
08 / 09 // contracts live · we just need the runway to ship distribution.
HASHPAY / THE ASK
08
if you’re running a crypto team

Stop paying
your team
the hard way.

If you’re a founder, CEO, DAO lead, or ops chief running a crypto team — come talk to me. Your team’s first payroll cycle on HashPay is on us.

✓Set up a payroll in under 2 minutes
✓2-second settlement, $0.01 gas, fully on-chain
✓Every payment builds your team’s on-chain credit history
✓Compliance hooks ready for your jurisdiction
scan to chat
Telegram QR: t.me/rajkaria
t.me/rajkaria
Raj Karia · Founder
sitehashpay.tech protocolhashpay.tech/protocol docshashpay.tech/docs status• live on HashKey Chain
09 / 09 // the income protocol starts here.
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