Introduction:
We are excited to introduce Interoperability Summer, a 6-week builder program designed to drive innovation and collaboration within the Equito Ecosystem. This program incentivizes developers to build in a safe environment to create ground-breaking cross-chain dApps. The Equito Builder Program's mission is to empower developers to extend their reach and advance web3 interoperability. With community expertise and Equito, developers can make impactful contributions to building the future of interoperability.
Benefits
Rewards and Allocation
The program has an allocation of $150,000—$100,000 worth of EQI for mainnet launch credits and $50,000 in USDC for top projects among these categories.
Prize Pool Distribution
The prize pool of $150,000 is allocated as follows:
- Mainnet Launch tokens:
- 100k worth in EQI: Distributed as credits for launching projects on the Equito mainnet.
- Cash Prizes in USDC:
- 50k USDC: Distributed among the top projects across five categories.
Category Breakdown:
- Cross-chain DEX:
- 1st Place: $5,000 + 10k EQI
- 2nd Place: $2,500 + 4k EQI
- 3rd Place: $1,300 + 2k EQI
- Cross-chain Lending:
- 1st Place: $5,000 + 10k EQI
- 2nd Place: $2,500 + 4k EQI
- 3rd Place: $1,300 + 2k EQI
- Cross-chain ID:
- 1st Place: $5,000 + 10k EQI
- 2nd Place: $2,500 + 4k EQI
- 3rd Place: $1,300 + 2k EQI
- Cross-chain Game:
- 1st Place: $5,000 + 10k EQI
- 2nd Place: $2,500 + 4k EQI
- 3rd Place: $1,300 + 2k EQI
- Cross-chain Governance:
- 1st Place: $5,000 + 10k EQI
- 2nd Place: $2,500 + 4k EQI
- 3rd Place: $1,300 + 2k EQI
Additional Prizes:
- Open Category (Most Usage): $3,000 + 10k worth of EQI for the project demonstrating the highest usage metrics on the testnet.
- Community Choice Award: $3,000 + 10k worth of EQI awarded based on community voting.
Tracks
The Equito Interoperability Summer is your chance to be at the forefront of building the future of web3 interoperability! Check out the available networks at: https://docs.equito.network/testnet
We've designed five exciting tracks to challenge and empower developers to leverage Equito's innovative cross-chain infrastructure. Dive into the descriptions below to find the perfect category to showcase your skills and creativity:
- Cross-Chain DEX
Develop a decentralized exchange that trades digital assets across multiple blockchains, using Equito's cross-chain messaging capabilities. We imagine a future where users can swap tokens effortlessly, regarding of their underlying blockchain protocol.
- Cross-Chain Lending
Push the boundaries of DeFi by creating an efficient lending platform that unlocks liquidity across various blockchains, thanks to the fastest cross-chain messaging infrastructure on the market. We're excited to see how you can make borrowing and lending more accessible and secure.
- Cross-Chain Identity
Craft a next-generation identity management system that transcends individual blockchains. Equito allows for Atomic Receive-Sends, where the reception of a message triggers the sending of another message, enabling request-response interactions across multiple blockchains, useful for cross-chain identity verification.
- Cross-Chain Game
Unleash the true potential of play-to-earn gaming by developing an immersive cross-chain game. This track is looking for developers who can create a future where in-game assets and experiences transcend the limitations of a single blockchain.
- Cross-Chain Governance
Revolutionize how DAOs function by enabling them to operate across multiple blockchains. Equito is the perfect platform to build a cross-chain governance system that allows decentralized organizations to make decisions and vote on proposals across different blockchain networks.
- Open Category
Let your imagination run wild! This category is open to any innovative project that utilizes Equito's cross-chain infrastructure in a groundbreaking way. Surprise us with your creativity!
Evaluation criteria:
Evaluation Criteria
Projects will be evaluated based on the following criteria:
- Speed of Implementation:
- Time to Initial Deployment: Quickness of achieving the first functional deployment on the Equito testnet.
- Milestone Completion: Timeliness in meeting project milestones.
- Metrics Generated on Testnet:
- Usage Metrics: Number of transactions, unique users, and interactions.
- Innovation and Impact:
- Potential Impact: Potential to significantly enhance the Equito ecosystem.
- Technical Execution:
- Code Quality: Quality and maintainability of the codebase.
- Documentation: Completeness and clarity of documentation.
- Integration: Effective use of Equito's features and seamless integration with other blockchains.
Duration - Start day
The program will start on August 12th and until September 23rd.
At the end of the 6-week sprint, a snapshot of the final metrics will be taken, and winners will be determined with payouts within 2 weeks for metrics prize pool distribution criteria evaluation. An awards ceremony will be held to celebrate the achievements of the participants and distribute the prizes. This event will recognize the hard work and innovation of the teams, providing them with well-deserved recognition within the Equito.network community.
Judges Panel
- Matteo Muraca - CTO at Equito
- Kumar Gunjan - Lead engineer at Equito
Who can Apply?
The program is a call to developers to build and enable new cross-chain features on their dApps and foster a new standard for cross-chain interoperability.
Targeted use-cases:
- Cross-chain DEX
- Cross-chain Lending
- Cross-chain ID
- Cross-chain Game
- Cross-chain Governance
- Open category for projects with the most usage
About Equito Network
Equito is redefining how data moves from one blockchain to another. Our cutting-edge cross-chain messaging protocol secures high-speed data transfers across networks to address the most critical challenge in the web3 space: real-time interoperability.
Connecting blockchain environments with real-time data enhances the functionality and reach of institutions, ecosystems, and dApps. With Equito, businesses and developers can integrate cross-chain: swaps, lending, governance, NFTs, Gamefi, oracles, and more. Equito is the fastest cross-chain protocol in web3, improving efficiency on existing systems and opening the door to new possibilities in DeFi, gaming, and beyond.
Check out more at https://equito.network