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DAO-Fi Fusion: The DAO and DeFi Code Challenge

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!

Prizes

All prizes are paid in Æ coins.

Type Prize Winner Payout
1st place $20,000 DPAY - A DAO Platform on Æternity th_2riWKN11KMcrmK8inVyp9iMVYAQPTBGfcBxNvR55pnoS8x578i
2nd place $15,000 NeuralDAOs th_pupCF272s9NPB3G4uNtFhFsCyQbRZXsVn6dBgEmXgdY8xjU6v
3rd place $7,500 Reflex Protocol th_3soXaxraX41Tu4fhURGNPEH5rjbWWrytWbGUZUHWWVRKqL3rV
The 5 best technical
implementations
$1,000
(each)
NeuralDAOs
SmartDAO
DPAY
Reflex Protocol
Træsury
• included in 2nd place payout
th_V6FTccMrowGmRmUVyYRUxM7eA3yB3VtFccXG3BEh3XMqRMJec
• included in 1st place payout
• included in 3rd place payout
th_2Mb2ynzPAbjP2x43nADRjwPa2ZJB9mr9wKo3tLjXcti5gzue9k
Community Award $2,500 NeuralDAOs th_xe4Uwhp16YEpHvNxDWkJBBAERHU2BgLddmRcwiUPAurtygANZ
Total $50,000

Timeline

General

Date Title Details
14.03.2023 Registration open Sign up, join the community, find a team, generate an idea & start hæcking!
14.05.2023 Submission Deadline Complete the submission form BEFORE 6:00 PM CEST
15.05.2023 - 19.05.2023 Technical Reviews Experienced æternity contributors will perform a technical review and the results determine the winners of the best 5 technical implementations.
22.05.2023 - 24.05.2023 Judging The judges will rate the submissions according to the judging criteria and the combined results will determine the 3 main winners.
25.05.2023 Community Live Event Begin: 1:30 PM CEST
End: 3:30 PM CEST (approximately)

Announcement of the winners.

Pitch your solution in 3 minutes and convince the community to vote for your submission in the Community Award poll!
25.05.2023 - 26.05.2023 Community Award: Voting A poll will be created in the æternity Forum. It will be open for 24 hours and the submission which receives the most votes wins the Community Award!

Checkpoint Events

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

The hackathon organizers will sent out reminders for each checkpoint in advance via DevPost, so make sure to register to the hackathon there!

Date Time (CEST) Title Content
Tue, 28.03.2023 3 - 5 PM Ready, set, CODE! / Innovate for æternity Key Takeaways
Hackathon Overview
æternity intro & Code Challenge
Open Source Philisophy
DevTools & Token Standards
Tue, 11.04.2023 3 - 3:45 PM DAO meets DeFi! / Keep your DAO treasury safe and diversified Slides
Tue, 02.05.2023 3 - 3:45 PM Hæckers' Hangout / Relax & Enjoy! -
Fri, 12.05.2023 3 - 3:45 PM The final PUSH / What's next? The final PUSH
Grant applications by ACF

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!

Check out the slides of the event by following this link:

Submission 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.

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)
  • An URL to the publicly hosted application that allows judges to test during the juding period

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!

Questions?

Join Discord and/or the Forum to get in touch with the organizers and developers!

Thank you!

The code challenge was hosted via DevPost. You can explore all details here: