Bounty: Initial Offerings on Mesa

dxdao-gitcoin commented 3 years ago

Prize Title

Improving Initial Offerings on Mesa

Prize Bounty

1st place: 3 ETH, 0.1% of reputation (REP) in DXdao and $500 of DXD vested over 6 months
2nd place: 0.05% of reputation (REP) in DXdao and $250 of DXD vested over 6 months

Challenge Description

Gnosis Protocol, the underlying protocol for Mesa, uses batch auctions. This has the benefit of countering front running, and has helped make Mesa a favored venue for running Initial Dex Offerings, or IDOs.

The DXdao product strategy for Mesa is to push more for the IDO usage of Mesa and position Mesa as the best tool for Initial DEX Offerings.

DXdao is interested in exploring new approaches to serving IDOs beyond the Gnosis Protocol. Gnosis Protocol wasn’t explicitly designed with IDOs in mind and there are various UX challenges that are involved with conducting and participating in IDOs on Mesa today. This challenge is asking participants to build smart contracts and/or interfaces focused on helping projects run IDOs.

Examples:

Create smart contracts that help projects create bonding curve IDOs on Mesa
Create an interface to be used on Mesa for the above bonding curve IDOs
Create smart contracts that help distribute tokens and raise capital using a Dutch Auction

Submission Requirements

A short write-up with reasoning why your solution solves an existing problem
A demo of your idea/solution/implementation
If you take the repo as base, we expect to adapt the existing coding style and quality

Judging Criteria

Award will go to the team with the best submission helping capital formation on Mesa. Teams will be judged on the fairness and also the effectiveness of raising capital.

Winner Announcement Date

We will announce the winners of the bounty by Monday, 21st December

Jury

2 Members of the DXdao (@jpkcambridge/@martinkrung) and Christopher of 1kx

Contact

Please, if you have some questions, ask anything:

Martin Krung (https://keybase.io/martinkrung / mk@cryptonative.ch)
Mesa chat on keybase https://keybase.io/team/dx_dao/, then #mesa
Telegram https://t.me/mesadex (not preferred)

gitcoinbot commented 3 years ago

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

This issue now has a funding of 3.0 ETH (1479.13 USD @ $493.04/ETH) attached to it.

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3scava1i3r commented 3 years ago

Is this bounty open for work?

dxdaohackathon / dex-react