And another one! Cosmos team brings the heat with HackAtom VI and we're sponsoring 💪
🔗 Registrations are now open
The Challenge
Build Agoric smart contracts that bring liquidity mining to Cosmos projects based on an Osmosis LP Token.
Most Cosmos chains are application-specific blockchains which don’t have generalized smart contract capabilities. As a result, they are unable to natively engage in common network bootstrapping activities like liquidity mining.
Liquidity mining is the process of distributing ownership of a protocol as a reward to users who provide assets (“liquidity providers”, LPs) to the protocol or to facilitate trade on a decentralized exchange.
The Osmosis chain on Cosmos has enabled this for a limited set of cases. The Osmosis protocol distributes its native token OSMO to LPs of specific AMM pools to bootstrap liquidity and allow trading of those tokens.
Prizes
🥇$35,000
🥈$15,000
Register and start building Scroll down to *Interstellar Prize: Challenge Agoric*
https://cosmos-hackatom-vi.devpost.com/details/challenges