DFX Finance

<a href="https://dfx.finance/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/dfxfinance" rel="noopener noreferrer nofollow">Twitter</a> | Telegram | <a href="https://discord.dfx.finance/" rel="noopener noreferrer nofollow">Discord</a> | <a href="https://github.com/dfx-finance" rel="noopener noreferrer nofollow">Github</a> | <a href="https://medium.com/dfxfinance" rel="noopener noreferrer nofollow">Medium</a>What a great week for DFX! Right after attending <a href="https://2022.ethportland.com/" rel="noopener noreferrer nofollow">ETHPortland 2022</a>, Coinbase announced that the DFX token was <a href="https://blog.coinbase.com/increasing-transparency-for-new-asset-listings-on-coinbase-e06f2edb095e" rel="noopener noreferrer nofollow">under consideration</a> for listing.As a continuation of our community efforts, we have decided to open up a $5k USDC hackathon prize pool to anyone who wants to build on top of DFX’s new product: the dfxCAD token. Read on to find out more!OverviewDFX Finance is bootstrapping the non-USD stablecoin ecosystem and building out the DeFi stack for all major foreign currencies. While an exchange optimized for stablecoin trading was created last year, now the focus is on creating a fractionally-backed stablecoin for other currencies.dfxCAD is backed by CADC (Canadian version of USDC) and also the DFX token, currently at a 95/5 split. We would like to incentivize hackers to build on top of dfxCAD. One good way to do this is to look at what has been built on <a href="https://docs.frax.finance/" rel="noopener noreferrer nofollow">FRAX</a> and draw inspiration from that. See below for some suggested project ideas, but first let’s talk about the prize!Prize PoolThe prize pool is 5k USDC in total, given out to the top three winners as chosen by the DFX core team.First place — 2.5k USDCSecond place — 1.5k USDCThird place — 1k USDCHow to QualifyThe project must use and integrate some part of the DFX protocol in a significant way, priority will be given to projects that focus on <a href="https://etherscan.io/token/0xFE32747d0251BA92bcb80b6D16C8257eCF25AB1C" rel="noopener noreferrer nofollow">dfxCAD</a> or those that integrate either of the DFX-backed Curve pools (<a href="https://curve.fi/factory-crypto/12" rel="noopener noreferrer nofollow">CADC/USDC</a> and <a href="https://curve.fi/factory/102" rel="noopener noreferrer nofollow">dfxCAD/CADC</a>).Building tooling, analytics, and integrations with other protocols for dfxCAD is a recommended approach. Innovative ideas that leverage dfxCAD is also highly encouraged and creativity will be taken into consideration when awarding the prizes.*For more information and helpful links, please see the bottom of this article.*Submission and DeadlineThe deadline for this hackathon project will be April 27, 2022 at 16:00 UTC.&#x1f449; <a href="https://docs.google.com/forms/d/e/1FAIpQLSec8ZI7gW_fgVIRGrzvxTkYGj3E7G5q3g3u4_CZlJt_ymXjHA/viewform" rel="noopener noreferrer nofollow">Here is the submission link for the hackathon.</a> &#x1f448;Remember to put all information and description about your project in a README.md file under the submitted Github repository.Project Ideas:*These are just a sampling of ideas, but creativity beyond this list is encouraged.*<ul><li>Easy button: zap for minting dfxCad and automatically deposit into Curve pool</li><li>Leverage farming dfxCAD (via Rari, for example)</li><li>A fixed-rate borrowing market, maybe using Euler.finance and Curve</li><li>dfxCAD peg monitor/alert system using Grafana or any similar logging platform — this would be for helping team monitor the peg and similar to mechanisms used in parametric insurance (<a href="https://hurricaneguard.io/" rel="noopener noreferrer nofollow">https://hurricaneguard.io</a>)</li><li>Any interesting games based on dfxCAD</li><li>Keeper bot for automatically arbing dfxCAD and CADC pools on Curve</li><li>Other… come up with your own idea!</li></ul>ResourcesThis section may be updated as time goes on, but don’t hesitate to reach out on Discord for the most up to date and comprehensive information.<h2 id="header-0">dfxCAD links:</h2><ul><li>dfxCAD source code: <a href="https://github.com/dfx-finance/asc" rel="noopener noreferrer nofollow">https://github.com/dfx-finance/asc</a></li><li>Hint, start in <a href="https://github.com/dfx-finance/asc/blob/main/src/dfx-cadc/DfxCadcLogic.sol" rel="noopener noreferrer nofollow">src/dfx-cadc/DfxCadcLogic.sol</a></li><li>dfxCAD Mint/Burn interface: <a href="https://x.dfx.finance/" rel="noopener noreferrer nofollow">https://x.dfx.finance/</a></li></ul><h2 id="header-1">DFX-backed Pools on Curve:</h2><ul><li>CADC/USDC Pool on Curve: <a href="https://curve.fi/factory-crypto/12" rel="noopener noreferrer nofollow">https://curve.fi/factory-crypto/12</a></li><li>dfxCAD/CADC Pool on Curve: <a href="https://curve.fi/factory/102" rel="noopener noreferrer nofollow">https://curve.fi/factory/102</a></li></ul><h2 id="header-2">dfxCAD Docs:</h2><ul><li>dfxStables overview (team can provide more details): <a href="https://docs.dfx.finance/protocol/dfxstablecoins" rel="noopener noreferrer nofollow">https://docs.dfx.finance/protocol/dfxstablecoins</a></li></ul><h2 id="header-3">Relevant dfxCAD links:</h2><ul><li>Curve dfxCAD/CADC staking contract: <a href="https://etherscan.io/address/0xd6Bf24685e1754b24cFbB4277B07a4A28E9d0Da7" rel="noopener noreferrer nofollow">https://etherscan.io/address/0xd6Bf24685e1754b24cFbB4277B07a4A28E9d0Da7</a></li><li>CADC: <a href="https://etherscan.io/address/0xcadc0acd4b445166f12d2c07eac6e2544fbe2eef" rel="noopener noreferrer nofollow">0xcadc0acd4b445166f12d2c07eac6e2544fbe2eef</a></li><li>DFX: <a href="https://etherscan.io/address/0x888888435fde8e7d4c54cab67f206e4199454c60" rel="noopener noreferrer nofollow">0x888888435fde8e7d4c54cab67f206e4199454c60</a></li><li>dfxCADLogic: <a href="https://etherscan.io/address/0xA89b1b88c60BFD1bf2c5f57bFdd1E9a4c7c717C0" rel="noopener noreferrer nofollow">0xA89b1b88c60BFD1bf2c5f57bFdd1E9a4c7c717C0</a></li><li>dfxCADProxy: <a href="https://etherscan.io/address/0xFE32747d0251BA92bcb80b6D16C8257eCF25AB1C" rel="noopener noreferrer nofollow">0xFE32747d0251BA92bcb80b6D16C8257eCF25AB1C</a>(use as address with Logic.sol ABI)</li></ul>Support and IdeationFor team formation, questions, and just throwing around ideas, check out the #dfxcad-hackathon channel on our Discord <a href="https://discord.gg/Ny2wFMYWAv" rel="noopener noreferrer nofollow">here</a>.Join us!If you are new to DFX Finance, the best way to stay on top of all the latest developments is to follow us on Twitter and join our Discord or Telegram!We are very excited about this and we look forward to sharing more with you all very soon.Thank you for the support and stay safe!About DFX FinanceDFX is a decentralized foreign exchange (FX) protocol that facilitates the seamless exchange of fiat-backed stablecoins denominated in a growing number of currencies. The current reliance on USD-pegged stablecoins creates undue economic friction for those in other parts of the world,and DFX is here to change that.✨Using a hyper-efficient AMM, optimized for low volatility trading, DFX provides FX swaps with rates that will beat any bank, money changer, or FX platform.&#x1f4b1;We’re super excited to build the FX infrastructure for DeFi and would love to hear more of your ideas and comments on how we can make DFX better together!<h2 id="header-4">DFX Finance. Stablecoins for the world. &#x1f310;</h2><a href="https://dfx.finance/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/dfxfinance" rel="noopener noreferrer nofollow">Twitter</a> | Telegram | <a href="https://discord.dfx.finance/" rel="noopener noreferrer nofollow">Discord</a> | <a href="https://github.com/dfx-finance" rel="noopener noreferrer nofollow">Github</a> | <a href="https://medium.com/dfxfinance" rel="noopener noreferrer nofollow">Medium</a>

dfxCAD Hackathon!🐱‍💻

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