Bitcoin Yield Strategies with badger-strategy-mix-v1

GalloDaSballo commented 3 years ago

Badger DAO's core mission is to bring Bitcoin to DeFi. Once it gets there, we need to offer competitive yields to our users. We are always looking for more great strategists to find/code new, SAFU strategies to extract yields on Bitcoin across all of EVM compatible DeFi (we currently have footprints on Mainnet, Polygon and BSC). While we look forward to some good usable strategies out of this hack-a-thon, our real goal is to find great minds to continue to work with. Please keep this in mind when submitting, and put your best foot forward.

Write, Test and Deploy a Strategy for Bitcoin ERC20 (wBTC, tBTC, renBTC, sBTC, BTCb, hBTC, oBTC, etc) on Mainnet, Polygon or BSC and win rewards proportionally with how we end up using the Strategy!

Bounty:

Develop a successfully Yield Farming Strategy, earn $1k in BADGER for a valid submission, $2k for any strat that we decide to bring to our review board and another $2k for any Strategy we launch + 50% of all Performance Fees, which are currently set at 20% the strategy returns.

Up to $5k + 50% of Performance Fees (20%) for any valid submission!

Steps

Use the Mix as Template https://github.com/Badger-Finance/badger-strategy-mix-v1
Write your Strategy.sol
Set up the Configuration File
Specify checks for ordinary operations in StrategyResolver
Write custom tests in /tests

Requirements:

Code Must Compile
The Strategy must pass all tests
The Strategy needs to be profitable (give us an estimate of the yield it should make)
The Strategy needs to have a brief introduction, explaining what it is supposed to do, the expected yield and the potential security risks. (See Example Submissions Below)
[Bonus Points] You did deploy the strategy on Mainnet (Polygon/BSC works as well) and the strategy is being profitable for you
[Bonus Points] A Visualization of how the strategy works

Talk to us:

If you have questions/need help building your strategy you can find us in the hack-a-thon channel on our Dev Discord. Note that this is a bounty for senior solidity devs and we are quite busy, so we will answer one or two intelligent questions, but expect you to work independently on this project.

Example Submission:

See a demo strategy submission here: https://github.com/Badger-Finance/wBTC-AAVE-Rewards-Farm-Badger-V1-Strategy

plind-dm commented 3 years ago

Very interesting

gitcoinbot commented 3 years ago

Issue Status: 1. Open 2. Started 3. Submitted 4. Done

This issue now has a funding of 566.6262 BADGER (8108.42 USD @ $14.31/BADGER) attached to it.

If you would like to work on this issue you can 'start work' on the Gitcoin Issue Details page.
- Want to chip in? Add your own contribution here.
- Questions? Checkout Gitcoin Help or the Gitcoin's Discord
- $2,154,782.54 more funded OSS Work available on the Gitcoin Issue Explorer

gitcoinbot commented 3 years ago

Issue Status: 1. Open 2. Started 3. Submitted 4. Done

Work has been started.

These users each claimed they can complete the work by 8 hours ago. Please review their action plans below:

1) shota-masuda-onibakuchi has started work.

I integrate impermax fi to generate yield and stake tokens to badger DAO 2) sunnyrk has started work.

Will work around it 3) realdiganta has started work.

Trying to get some real high APY 4) jalbrekt85 has started work.

Bitcoin yield farming strategy 5) mcbunnylau has started work.

Provide liquidity for WBTC and WETH on sushiswap (Polygon (MATIC) Network). The fees earned are collected and compounded. The sushi LP (SLP) token is staked on sushi farm earning SUSHI and WMATIC as rewards. WMATIC is further staked in polywhale for KRILL rewards. KRILL and SUSHI are exchanged for WBTC and WETH and a portion of it is compounded for more SLP. 6) iamcryptoboi has started work.

This Polygon network strategy takes Curve's wBTC-renBTC liquidity pool tokens as deposit and stakes it on Curve for yield. The rewards are in WMATIC and CRV, which is swapped to wBTC and added to wBTC-renBTC liquidity pool.

Learn more on the Gitcoin Issue Details page.

gitcoinbot commented 3 years ago

Issue Status: 1. Open 2. Started 3. Submitted 4. Done

Work for 566.6262 BADGER (5728.63 USD @ $10.11/BADGER) has been submitted by:

Learn more on the Gitcoin Issue Details page
Want to chip in? Add your own contribution here.
Questions? Checkout Gitcoin Help or the Gitcoin's Discord
$1,939,270.68 more funded OSS Work available on the Gitcoin Issue Explorer

gitcoinbot commented 3 years ago

Issue Status: 1. Open 2. Started 3. Submitted 4. Done

Work for 566.6262 BADGER (5938.24 USD @ $10.03/BADGER) has been submitted by:

@tritium-vlk please take a look at the submitted work:

PR by @iamcryptoboi
PR by @realdiganta

Learn more on the Gitcoin Issue Details page
Want to chip in? Add your own contribution here.
Questions? Checkout Gitcoin Help or the Gitcoin's Discord
$1,993,664.98 more funded OSS Work available on the Gitcoin Issue Explorer

Badger-Finance / gitcoin