Hackathon Summary
The v4 Hookathon: PancakeSwap x Brevis Hackathon featured 116 developers and 26 projects. As part of the $500K Developer Program, the hackathon aimed to foster innovation within the PancakeSwap v4 ecosystem, emphasizing the development of Hooks using the Brevis ZK-Coprocessor. A $40,000 prize pool was offered to incentivize solutions targeting challenges in liquidity management and smart contract functionalities.
The hackathon focused on developing robust, user-friendly, and trustless Hooks. Participants explored applications such as dynamic fee structures, active liquidity management, and exclusive-access pools. The open track format encouraged diverse and creative solutions. Key innovation areas included mechanisms for liquidity incentivization, market-making bots, and identity-verified pools.
Overall, the hackathon increased engagement and development on the PancakeSwap v4 platform, with winners announced on October 24, 2023. It facilitated community learning through workshops and resources, advancing technical discussions and collaboration among developers.
Hackathon Winners
1. Smart Liquidity Hook (Stable) - This project optimizes rewards for Liquidity Providers in stablecoin pairs, enabling concurrent profit from both liquidity provision and lending.
Prize: $12,000
2. OG Boost - It supports Incentive Providers by allocating rewards proportionally based on swap fees from other AMMs, storing LP positions as liquidity is added.
Prize: $10,000
3. Superfluid Swapper - Utilizes zero-knowledge proof technology and market analysis to form an adaptive liquidity pool system.
Prize: $8,000
4. VWAP Dynamic Fee Hook - Adjusts swap fees according to their influence on the Volume Weighted Average Price (VWAP), creating a beneficial feedback loop for Liquidity Providers, Swappers, and the PancakeSwap ecosystem.
Prize: $6,000
5. PADO Hook - Employs on-chain and off-chain data oracles to validate user transaction proofs, enhancing accuracy and privacy for effective user targeting.
Prize: $4,000
For further information, view all projects at DoraHacks.
About the Organizer:
PancakeSwap
PancakeSwap is a leading multichain decentralized exchange (DEX), facilitating seamless transactions across blockchains, including Ethereum, BNB Chain, and Polygon zkEVM. Since its launch in 2020, PancakeSwap has achieved $800 billion in total trading volume and maintains $2 billion in locked liquidity. It serves over 2 million active users, recognized for its low fees and user-friendly interface. The platform's primary focus is on providing a versatile trading experience within the crypto ecosystem while fostering a robust and vibrant community.