Idle DAO announced last Wednesday, October 13, through its Twitter account, the inactive winners of the Gitcoin Hackthon Round 11.
“This 3 week hackathon has been an exciting journey! Gitcoin Round 11 is now over: the event hosted 328 projects with 2,793 participants seeking to build ideas, unleash their creativity and develop projects in different protocols”, he said through an article published on the Medium platform.
The company commented that, for this edition, they decided to place the Idle Perpetual Performance Tranches on the main stage, providing two rewards:
• Build new sources of performance for idle perpetual performance tranches
• Build on idle perpetual performance spans.
Also, during the Hackathon, they received 5 applications and 4 final submissions.
Also read: Futureswap: “Version 4 mainnet beta available”
Winners
Build new sources of performance for idle perpetual performance tranches
• 1st prize [300 IDLE] lido-idle-shota-masuda-onibakuchi tranche: this strategy allows to deposit DAI in Lido. With more work, this integration could become a downstream lender for the DAI dormant tranche classes and additional tranches to be released in the future.
• 2nd prize [200 IDLE] IdlePerpetual-YieldTranche-GR11 from sunnyrk: this strategy allows to deposit DAI in Yearn. With more testing and work, this integration could become a downstream lender for dormant classes of DAI tranches.
Build on the idle perpetual performance spans
• 1st Prize [450 IDLE] elmol Idle-CDO Cards: Created as NFT, these cards represent different types of investment strategies, balancing risk and reward. Inactive CDO cards can also be traded or burned for profit.
• 2nd prize [50 IDLE] IdleCDOContainer-Tranches by sunnyrk: The idea of this project is to bundle the Idle Perpetual Yield Traches classes through an ERC-20 CDO contract.
Build on the idle perpetual performance spans
• 1st Prize [450 IDLE] elmol Idle-CDO Cards: Created as NFT, these cards represent different types of investment strategies, balancing risk and reward. Inactive CDO cards can also be traded or burned for profit.
• 2nd prize [50 IDLE] IdleCDOContainer-Tranches by sunnyrk: The idea of this project is to bundle the Idle Perpetual Yield Traches classes through an ERC-20 CDO contract.
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