Public blockchains have enabled the proliferation of decentralized markets and are establishing a more open, transparent, and efficient financial system. This hackathon aims to bring together developers, designers, business operators, and entrepreneurs from around the world to experiment and deploy apps/tools that catapult the DeFi ecosystem forward. Anyone with an Internet connection can join, the only requirement is for builders to incorporate Solana or Serum into their project submissions.
By leveraging Solana’s speed, low fees, and newly released DeFi building blocks, participants can operate within an expansive design space to create novel DeFi apps and tools that scale the overall ecosystem to become more efficient, powerful, and sustainable. Builders are also encouraged to explore the use of Wormhole, a bi-directional bridge connecting Ethereum with Solana, and a new Chainlink oracle integration. Check out the official hackathon Github for comprehensive developer resources and a list of project ideas.
Participants will compete for up to $400k total in prizes. There is a $200k prize pool that will be distributed to the 9 best projects submitted during the hackathon. After, those top 9 teams will have the opportunity to continue building their projects in order to compete for a seed funding round.