Open DeFi Hackathon Prizes

cankisagun commented 3 years ago

Secret Network Open DeFi Hackathon prizes

Prize Bounty

1st place prize - $2500 (equivalent in WSCRT)
2nd place prize - $1500 (equivalent in WSCRT)
3rd place prize - $1000 (equivalent in WSCRT)

Challenge Description

We are interested in seeing innovative front-running resistant and privacy first DeFi applications built on Secret Network. Secret DeFi is a privacy-first, front-running resistant DeFi ecosystem. Use SNIP-20 (token standard similar to ERC-20 with privacy) standard and bridges to Ethereum and Binance Smart Chain bridge to build cross-chain DeFi applications. Some ideas we'd like to see are:

Lending products: Either Secret-based implementations of ETH DeFi projects such as Compound or Aave, or brand new lending products (fixed interest rate) leveraging Secret’s unique properties.
Algorithmic stable coin projects (such as Maker-type implementations). We believe it’s critical for the Web3 ecosystem to have a decentralized stable coin with privacy.
Dark pools (private orderbook exchange) for privacy preserving trading. A Dark Pools secret contract manages the encrypted order book in its state and can run multiple order matching methods such as Market / Limit / Stop-Loss orders. You can build on the SecretAuction repo, which uses a single sided orderbook.
Synthetic Asset creation with SCRT and SNIP20 collaterals

For more ideas please refer to Secret Network grants post.

Submission Requirements

All submissions must be deployed on Secret Network (testnet and mainnet) and Ethereum (testnet and mainnet) if relevant
A demo video and Github repo link must be submitted for a complete submission

Judging Criteria

Contribution to privacy value capture, the key Secret Network metric (TVL of bridged assets or TVL of assets generated on Secret Network)
Mainnet user traction potential - we would like winners to continue build hackathon projects and seek funding through Secret Network Grants
Originality of the idea
User experience (good design, intuitive, easy to use)

Support and relevant documents

To provide support to the hackers during this hackathon we have a dedicated channel #hackathons on our discord - https://discord.gg/uAVEhFepeC. Feel free to ask questions there.

Intro to Secret Contracts (video)
Secret Network documentation
Figment learn / Secret Network 101
Tutorials
Building blocks 1) SNIP-20 (privacy tokens) 2) SNIP-721 (private NFTs) 3) Secret Network - Ethereum bridge

Winner Announcement Date

The winners will be announced after the hackathon ends

gitcoinbot commented 3 years ago

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

This issue now has a funding of 0.001 ETH (3.44 USD @ $3444.05/ETH) attached to it.

If you would like to work on this issue you can 'start work' on the Gitcoin Issue Details page.
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- Questions? Checkout Gitcoin Help or the Gitcoin's Discord
- $2,306,577.14 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

This issue now has a funding of 1400.0 WSCRT (5082.0 USD @ $3.63/WSCRT) 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
- $2,314,874.34 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 9 minutes from now. Please review their action plans below:

1) floar has started work.

Mangrove-Protocol is a platform protocol for incentivized collaborative applications of the secret network. The whole protocol is composed from smaller building blocks, is governed by a DAO and is extensible and upgradeable by nature. At a high level Mangrove-Protocol consists of pools and streams that accumulate and direct value through the protocol. 2) ysongh has started work.

A dapp where user can create a NFT of recipe for food or drink. Recipe are hidden on private metadata until user pay SCRT to view it

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 1400.0 WSCRT (1778.0 USD @ $1.27/WSCRT) 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
$1,501,502.69 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 1400.0 WSCRT (1778.00 USD @ $1.33/WSCRT) has been submitted by:

@floar

@cankisagun please take a look at the submitted work:

PR by @floar

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
$1,495,161.39 more funded OSS Work available on the Gitcoin Issue Explorer

scrtlabs / Grants