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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.
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Prize Title
Integrating Alpha Finance using OptyFi's DeFi Adapter Interface
Prize Bounty
5000 USDC
Challenge Description
The challenge is to build an integration with Alpha Homora v2’s lending and liquidity pools on Ethereum using OptyFi's DeFi Adapter interface. With this integration, OptyFi users should be able to deposit several tokens including USDC, USDT, DAI, sUSD, ETH, WBTC, LINK, UNI, SNX and YFI into OptyFi vaults which will in turn deploy them into Alpha Homora v2 to earn yield. The OptyFi Protocol should also be able to acquire these tokens from strategies involving other protocols and then automatically deploy them to Alpha.
The overall goal is to maximize the liquidity, utility and profitability of every major crypto asset in DeFi.
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://alphafinance.io/
Feel free to join the Builders/Technical channel on our Discord server if you have any questions or need some support.
Submission Requirements
The submission must be built utilizing components from the OptyFi adapter toolkit
Open source code must be submitted, preferably hosted on Github (tag with #optyfi)
Submission must include a maximum 10 minutes video recording of the product demo + pitch demonstrating the functionality and a business case.
Other Requirements
The project should be started on or after the hackathon start date to keep it fair
The project should be deployed either on the testnet or mainnet, with a deployed site/server/etc.
The project should be an original work of an individual participant or a group project
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 testing plan 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