OpenDeFi / Hackathon

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OptyFi Bounty #2: Lido Finance Adapter #6

Open samitannir opened 3 years ago

samitannir commented 3 years ago

Prize Title

Integrating Lido using OptyFi's DeFi Adapter Interface

Prize Bounty

5000 USDC

Challenge Description

The challenge is to build an integration with Lido’s Ethereum staking pool using OptyFi's DeFi Adapter interface. With this integration, OptyFi users should be able to deposit their ETH into OptyFi’s ETH vault which will in turn stake them into the Lido protocol to receive yield-bearing stETH tokens. Eventually, new integrations will be developed to enable the deployment of stETH into other protocols.

The overall goal is to maximize the liquidity, utility and profitability of ETH and stETH.

Resources

https://opty.fi/ - This should help to give you a good high-level understanding of OptyFi and what we’re building. https://docs.opty.fi/ - Here you can find more information on the OptyFi Protocol including tokens, pools, vaults, strategies, risk framework, DeFi Adapters and optimization engine. https://github.com/Opty-Fi/defi-adapter-kit - Please refer to Readme.md, contracts/ and test/ for in-depth technical knowledge. https://lido.fi

Feel free to join the Builders/Technical channel on our Discord server if you have any questions or need some support.

Submission Requirements

Other Requirements

Judging Criteria

A panel of judges will rate your project on a scale from 1-5 on the criteria below

Technical Implementation | How challenging was the project to implement? Does the project push the boundaries of what is possible within the timeframe of the hackathon?

Completion State | Project state (like MVP, functional) Proper documentation and testingPlan forward beyond the hackathon Requirements Alignment | Alignment with the bounty/track goalsPracticality for the OptyFi Ecosystem Practicality for the Partner Ecosystem

Creativity and Design | Uniqueness + creativity in the application or product

Winner Announcement Date: Winners to be Announced - September 11 Demo-day for the winners - September 12

gitcoinbot commented 3 years ago

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


This issue now has a funding of 5000.0 USDC (5000.0 USD @ $1.0/USDC) attached to it.

gitcoinbot commented 3 years ago

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


Workers have applied to start work.

These users each claimed they can complete the work by 2 weeks, 5 days from now. Please review their action plans below:

1) en0c-026 has applied to start work _(Funders only: approve worker | reject worker)_.

Excited for the challenge!

I will build Lido stakeout group integration with OptyFi Defi adapter. So that users lock their ETH on OptyFi and can generate returns with received sETH tokens! To increase the liquidity and profit of the ETH and sETH pair

I hope to be approved to start this work as soon as possible and to be able to write professional quality code!

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 5000.0 USDC (5000.00 USD @ $1.0/USDC) has been submitted by:


gitcoinbot commented 3 years ago

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


Work for 5000.0 USDC (5000.00 USD @ $1.0/USDC) has been submitted by:

  1. @niklr

@open-defi please take a look at the submitted work: