We are extremely excited to announce the launch of Convergence, a cross-chain DeFi Hackathon hosted in partnership with Wormhole.
We all know and love Wormhole, the decentralized generic message-passing protocol that connects to multiple chains including Ethereum, Solana, Terra, Binance Smart Chain and Polygon.
Serum and Wormhole aim to attract web2 and web3 developers building on the Solana blockchain to leverage Serum’s decentralized exchange and liquidity infrastructure, Wormhole’s cross-chain bridge, and technology from the other sponsors.
In other words, the Convergence Hackathon is an incredible opportunity for developers building on the Serum, Wormhole, PsyOptions, Terra, Atrix (and more!) to submit what they’re building and to be considered for a variety of prizes!
How it Works
Projects building on specific blockchains and protocols including, but not limited to, Serum, Terra, Atrix, and PsyOptions, can compete for a total of eight different prize tracks.
When submitting projects, developers can choose which awards they would like to compete for. Each prize track will have its own submission requirements that must be met. In addition to the project, each contestant will submit a demo video on the project’s user interface and functionality and its vision and value proposition.
The submitted projects will be judged by members of the DeFi and CeFi community including, but not limited to: Sam Bankman-Fried from FTX, Raj Gokal from Solana Labs, Kyle Samani from Multicoin Capital, Matthew Graham from Sino Global, Dan Matuszewski from CMS, Paul Veradittakit from Pantera Capital and Chris McCann from Race Capital, and many more of your favourites!
In addition to the prize track requirements, judges will be looking at whether the project
- fills a need within the Solana ecosystem in an economically efficient manner
- betters the ecosystem of each sponsoring partner
- has a clean code base with proper documentation
- if the accompanying video provides detailed insight into the project.
Projects can be submitted via the devpost site from January 5 to January 31, 2022.
Register today on Devpost.
Subscribe to all hackathon events.
Join our Discord: https://discord.com/invite/zuJzGHbpa8
