DAO-Fi Fusion: The DAO and DeFi Code Challenge

[erik.chain]

DAOs and DeFi are experiencing rapid growth and interest. In the DAO-Fi Fusion hackathon, you get an exciting opportunity to showcase your skills and creativity by building innovative and useful solutions using Sophia Smart Contracts on the æternity blockchain!

Developers from all over the globe are encouraged to contribute to this emerging space and help shape the future of decentralized finance and organizations.

EMPOWER THE COMMUNITY!

We are looking for smart individuals and teams, from all over the world, who excel at functional programming. Empower the community by creating tools & frameworks that allow everybody to easily create and manage DAOs for decentralized decision making on æternity - one of the most advanced blockchains in the entire industry!

Your solution should ideally consider DeFi aspects (e.g. treasury management) and allow to enforce decisions (e.g. payouts) on-chain.

æternity was built from scratch and ships its own unique Virtual Machine (FATE VM) that executes Smart Contracts with almost zero gas fees! The Smart Contracts are written in a novel and functional language called Sophia.

Make yourself familiar with the technology and take this unique opportunity to:

• learn more about DAOs & DeFi
• have fun working together in a meaningful challenge that has an impact on the whole ecosystem
• become a well-recognized and valued community member
• improve your developer skills & become an expert in writing Smart Contracts in Sophia
• win the main prize of $ 20,000!

Checkpoint Events

During the hackathon there will be so-called checkpoint events where the whole community including the hackathon participants is invited to join!

Technical Reviews: Feedback from experienced æternity contributors!

Right after the submission deadline has passed and eligible submissons have been determined, selected experienced æternity contributors will perform a technical review and value the project based on specific criteria (see rules).

Community Live Event & Winner Announcement

Once the technical review is finished, the judges will screen and judge the submissions by taking the technical review as well as other criteria (see judging criteria) into consideration. The combined feedback of all judges will determine the 3 main winners.

Every project gets the chance to pitch its solution in the Community Event to the community. This is also the place where in the beginning the 3 main winners will be announced. Be prepared and convince the community to vote for your submission in the Community Award poll!

Community Award

Right after the live community event, a poll will be created in the æternity forum. To prevent cheating, the poll will be conducted in a special category where only community members who own specific badges can participate.

The poll will be open for 24 hours and the submission which receives the most votes wins the Community Award!

Requirements

Build an application that allows users to create and manage DAOs (powered by Sophia Smart Contracts) with their Superhero Wallet at least on æternity testnet (preferably also mainnet) via an user interface.

Submission requirements/deliverables

• Project name and a list of all team members
• A description of what your project does and why you decided to build it
• Demo video
  • should be around 3 minutes long and include a demo of your working project
  • must be made publicly visible
• Public GitHub code repository which includes:
  • Meaningful README
  • Service(s) and/or application(s) that allow users to create and manage a DAO at least on æternity testnet (preferrably also mainnet) via an user interface by connecting with their Superhero Wallet
  • Instructions how to run the service(s) and/or application(s)
• A URL to the publicly hosted application that allows judges to test during the juding period

Prizes

Judges

Judging Criteria

• Technical Implementation (40%)
  Experienced æternity contributors will perform a technical review on each project. These reviews will be published and considered by judges to pick the winning team. Smart Contracts are a MUST and a high test coverage of these is desired.
• Impact and Usefulness (30%)
  Does the project make a significant impact in the æternity ecosystem? How big is the overall market potential of the project?
• User Experience (20%)
  How useable is your project? Does it look nice? Does it accomplish what it’s set out to do in an easy to use and approachable way?
• Presentation and Communication (10%)
  The quality of the project presentation and how well the team communicates the idea. The presentation should be clear, concise, and engaging. Show the community who you are and why your project should win!

If you read until here, go ahead and sign up for the hackathon on Devpost

DAO-Fi Fusion: The DAO and DeFi Code Challenge

Find out more about the winners of the DAO-Fi Fusion Code Challenge here:

https://blog.aeternity.com/the-dao-fi-fusion-code-challenge-hackathon-has-ended-and-here-are-the-winners-a38b43f79353

[Marilyn]

Thanks for organizing! Can’t wait to see the ideas that come out of this challenge

[Donna]

We are glad that there is a new edition of this hackathon the competition last year was very sharp and brought out some interesting innovations
let the competition begin

[Kate]

good timing for new DAO and DEFI things in the crypto space!

[kjminer]

Why is there no follow-on development for previously winning projects such as Nuclearswap, AEUSD, and Cluster

[kjminer]

If that’s the case, what’s the point of having these hacker development projects

[marco.chain]

@kjminer

Why is there no follow-on development for previously winning projects such as Nuclearswap, AEUSD, and Cluster

@kjminer

If that’s the case, what’s the point of having these hacker development projects

Hey @kjminer, thanks for the questions and your interest in those projects. Actually @FerumFlex continued working on NuclearSwap (Aerenity) for quite some time end moved quite far with his project, see the discussion here: https://forum.aeternity.com/t/aerenity-bring-usdt-and-other-stablecoins-to-ae

In general we encourage every hackathon participant to continue working on their projects and we always aim to answer questions as meaningful and helpful as possible.

Unfortunately I cannot speak for the projects that you mentioned above, so it’s better to ask @FerumFlex, @Hexdee or the creators of AEUSD. Of course I would love to see all of them to continue building!

When it comes to support / funding there are different possiblities:

• Token Sales
• Grants from the æternity crypto foundation (will be explained in one of the Checkpoint Events during this hackathon)
• …

In the end it depends on the participants if they want to go the next step and find support from the community and potentially also investors.

Note:
→ EVERYBODY is encouraged to apply for grants and build cool tooling, frameworks & applications on top of æternity. This is not limited to hackathons only!

[FerumFlex]

Hi, need to finish nuclearswap. I need to finish small things, and in general can run it on production.

[erik.chain]

Time is flying by and we are only one month away from the submission deadline for our hackathon! As a friendly reminder, the deadline for all project submissions is May 14th, so make sure to:

• Create a GitHub repository and choose an appropriate license!
• Publish your code (the earlier the better, we’re also happy to provide technical support if needed)
• Create a draft submission (only the organizers can see it, no other hackathon participants) on DevPost and include important information about your project.

Being Open Source is vital in driving innovation and creating opportunities for collaboration, which is why we encourage you to make your project accessible to the public as soon as possible.

We hope that you have found our previous Checkpoints to be helpful. If you have any questions, please refer to the content of those materials. However, if you still require any assistance, we are more than happy to help you on the Forum or on Discord.

Don’t let time slip away - get ready to sprint and submit your best work before the deadline! We are excited to see what you have in store for us.

Note: Please remember to check the rules and submission requirements to ensure that your project meets all the necessary criteria. We want to make sure that every submission has a fair chance to compete.

[Marilyn]

Thanks for the reminder!

[erik.chain]

We have just finished the first screening of all submissions and published the gallery of all submissions that are considered valid.

All valid submissions in the project gallery will soon be hand over to the technical review and rated by the judges afterwards.

At the Community Live Event on May 25th, the winners will be announced and you will have the chance to present your submission to a wider audience and convince the community to vote for your submission in the Community Award Vote.

The Community Award Vote will start right after the Community Live Event and last for 24 hours. The voting will take place here on the æternity Forum.

[charles]

Hi eric I have a question.Do rewarded ae have a lock-in period? ae coin price are currently at a record low of -0.05u; Our bonus is now estimated to be 1 million ae; Under this trend; ae can only keep hitting record lows.

[erik.chain]

Hi @charles, please open a new thread for your question, this topic is not about price discussions.

[charles]

OK maybe have a vote？

[marco.chain]

simple answer: there is no lock-in period for AE sent to hackathon winners and there won’t be a vote to decide this.

I think everybody in the community should support the hackathon projects they like and encourage the builders to continue working on their submissions or even additional projects on top of aeternity.

I am not a judge, but I have screened and tested all valid submissions today. the participants have definitely built some cool stuff

and as Erik already said let’s please keep the focus on the hackathon and the submissions here

[erik.chain]

The winners of the DAO-Fi Fusion Code Challenge will be announced at our Community Event & Winner Announcement on May 25th. Don’t miss out on this big reveal!

Every hackathon project will have a chance to shine in the community award poll. They’ll pitch their solutions, and you can vote for your favorite DAO & DeFi project to help them win the coveted Community Award. The voting process will be fair and transparent, happening on a special category here on the æternity Forum right after the Community Event ends.

Mark your calendars! Join us at the Community Event on May 25th, 1:30 PM CEST, to celebrate the winners of the DAO-Fi Fusion Code Challenge. Spread the word and invite your friends, family, and colleagues to join the Winners Ceremony. Let’s come together to applaud the innovative DAO & DeFi solutions built on the æternity Blockchain protocol

Save the meeting link for Thursday afternoon: Jitsi Meet

[papi]

great hack.