OpenDeFi / Hackathon

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OptyFi Bounty #4: Beefy Finance Adapter #8

Open samitannir opened 3 years ago

samitannir commented 3 years ago

Prize Title

Integrating Beefy Finance using OptyFi's DeFi Adapter Interface

Prize Bounty

5000 USDC

Challenge Description

The challenge is to build an integration with Beefy Finance’s liquidity pools on Polygon using OptyFi's DeFi Adapter interface. With this integration, OptyFi users should be able to deposit USDC, DAI, ETH, WBTC and other tokens into OptyFi vaults which will in turn deploy them into Beefy 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 Beefy.

The overall goal is to maximize the liquidity, utility and profitability of assets like USDC, DAI, ETH and WBTC 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://polygon.beefy.finance/

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 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

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, 3 days from now. Please review their action plans below:

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

I will work on integrating Beefy Finance using OptyFi's DeFi Adapter Interface.

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. @richjamo

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


RichJamo commented 3 years ago

@samitannir Hi there - let me know if you need a video as part of the submission? I assume that would just be a short video of me stepping through the testing process? Happy to do so. Also - after Dhruvin's reply yesterday, I'm hard at work to broaden the test to cover the rest of the Beefy pools!