Hack Money, a Virtual Hackathon to Build DeFi Applications
A lot of hackers are stuck at home during the COVID-19 epidemy and ETHGlobal will make sure.
What you will learn
- Where hack money, a virtual hackathon to build defi applications fits into an Ethereum application.
- Which assumptions should be tested before a mainnet deployment.
- What to read next when this concept is working.
A lot of hackers are stuck at home during the COVID-19 epidemy and ETHGlobal will make sure we will not get bored! After organizing 14 in-person hackathons around the world to accelerate the Ethereum ecosystem it’s now time for a hackathon anyone can participate from anywhere!
The Hack Money hackathon will be accessible to anyone who wants to build DeFi application for 30 days. The hackathon will start Mid-April and we’ll definitely update you with how it goes and will always be there to help you build your project!
Before relying on a protocol integration, separate code behavior from market risk with the plain-English DeFi contracts, liquidity, and oracle guide.
ETHGlobal already sucessfully organized 14 hackathons like EthWaterloo, EthIndia, ETHParis and they were always great opportunities to make hackers come together and build great projects. Example of projects that were created during those hackathons are: High Priests, 1x.ag: Leverage Aggregator, zkEther, LSDai…
This hackathon is a great way to meet people and discover the Ethereum community. While everyone will be participating from around the world it’s the best time to meet likeminded people to build and share with.
Token settlement does not make a dollar claim risk-free. Review stablecoin issuance, collateral, and peg mechanics.
It’s also an opportunity to get some money and prizes! Tens of thousands of dollars available in prizes as well as long-term funding opportunities available for the projects participating!
As the hackathon lasts for 30 days, this is also a great opportunity to build things that lasts. Short hackathons are sometimes frustrating because projects only live the time of a weekend. With this hackathon, you’ll have the opportunity to take time to build something that lasts and can continue existing after the event.
For observed exchange-price context rather than issuer reserve proof, use the USDT/USD and USDC/USD peg-tracking tool.
Turn the example into production evidence
A working demo is the beginning of verification, not the end. Add tests for failure paths, inspect every permission, and record the chain, contract address, compiler, and dependency versions used for the deployment.
Check behavior
Test expected inputs, boundary values, reverts, events, and calls made to other contracts.
Check operations
Plan key storage, monitoring, pause or upgrade authority, and a response if an assumption stops being true.