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Aave on Conflux Network (Total Prize of 10,000 CFX + 1,000 aUSDC) #2

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aalu1418 opened this issue Oct 27, 2020 · 6 comments
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@aalu1418
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aalu1418 commented Oct 27, 2020

Aave on Conflux Network (Total Prize of 10,000 CFX + 1,000 aUSDC)

Prize Bounty

1st Prize of Total 10,000 CFX + 1,000 aUSDC

  • All valid project submissions will receive 100 CFX + a hackathon NFT

Challenge Description

Build a project on combing Conflux and Aave for any of the following use cases:

Name Description
Aave / Conflux Combining the Aave protocol with Conflux Network’s high throughput rates and the transaction sponsorship mechanism
  • Using Conflux’s cross-chain protocol for novel uses of aTokens
  • Creating DeFi primitives on Conflux using wrapped aTokens
  • Incorporating Aave protocol components such as aTokens, credit delegation, governance, etc.
  • Resources

    Submission Requirements

    1. The application, infrastructure tool, smart contracts and/or storing state must be primarily built on or must utilize Conflux Network and the Aave protocol such as aTokens, credit delegation, governance, etc.
    2. Open source code must be submitted, preferably hosted on Github (tag with #conflux)
    3. Maximum 10 minutes video recording of the product demo + pitch demonstrating the functionality and a business case.

    Other Requirements

    • Project should be started on or after the hackathon start date to keep it fair
    • Project should be deployed either on the testnet or mainnet, with a deployed site/server/etc
    • Project should be an original work of an individual participant or a group project
    • Each project is eligible for more than one bounty/prize based on the extent of implementation

    Submission Deadline

    • Last day of the hackathon - Sunday, 22nd November 11:59 PM EST (GMT -5)

    Judging Criteria

    A panel of judges will rate your project on a scale from 1-5 on the criteria below

    Evaluation Criteria Description
    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 goals
  • Practicality for the Conflux Ecosystem
  • Practicality for the Partner Ecosystem
  • Creativity and Design
  • Uniqueness + creativity in the application or product
  • Winner Announcement Date

    • Winners Announced - Wednesday, 25th November
    • Demo-day for the winners on Tuesday, 1st December
    @gitcoinbot
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    Issue Status: 1. Open 2. Started 3. Submitted 4. Done


    This issue now has a funding of 0.001 SC attached to it.

    @aalu1418 aalu1418 changed the title Aave on Conflux Network (Total Prize of 3,000 CFX + 1,000 aUSDC) Aave on Conflux Network (Total Prize of 10,000 CFX + 1,000 aUSDC) Nov 3, 2020
    @gitcoinbot
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    Issue Status: 1. Open 2. Started 3. Submitted 4. Done


    Work for 0.001 SC has been submitted by:


    @gitcoinbot
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    gitcoinbot commented Nov 23, 2020

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


    Work for 0.001 SC has been submitted by:

    1. @leledumbo549
    2. @samt6

    @aalu1418 please take a look at the submitted work:


    @aalu1418
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    @gitcoinbot
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    Issue Status: 1. Open 2. Started 3. Submitted 4. Done


    The funding of 0.001 SC attached to this issue has been approved & issued to @leledumbo549.

    @gitcoinbot
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    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 months, 3 weeks ago.
    Please review their action plans below:

    1) leledumbo549 has started work.

    The idea: user deposit USDT to mint Interest Prize Dollar in Conflux. Internally USDT send to aave deposit to mint atoken AUSDT. The token locked in smart contract in ethereum but the interest sent to conflux via shuttleflow to specific address. Accumulated interest in conflux will be given to lucky Interest Prize Dollar spender. The more he spent the more his chance to win!
    2) samt6 has started work.

    Polaris is a decentralized, transparent, fair, and no-loss lottery platform that uses Conflux (low gas fee), Aave (earn interest) and in the future, Chainlink (external APIs).

    Learn more on the Gitcoin Issue Details page.

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