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Deadline: January 17th 2022 at 8PM IST
About the Bounty
Hubble Protocol is on a mission to supercharge liquidity on Solana. It gives users the opportunity to access the capital trapped in their HODLed tokens, and the protocol allows users to earn yield while they borrow at extremely capital-efficient rates.
Hubble Protocol plans three initial phases of development as the project works to expand the number of DeFi 2.0 services on Solana. Hubble’s first phase centers on zero-interest multi-asset borrowing and the minting of USDH, a Solana-native 100% decentralized crypto-backed stablecoin. Phase 2 focuses on structured products, while Phase 3 focuses on undercollateralized lending.
As more users begin their DeFi journey on Hubble, and as Hubble continues developing into a stable protocol, it will one day fully decentralize into a DAO with community governance, making the protocol 100% democratically organized.
The winning submission will talk about the various features of Hubble and provide a detailed breakdown.
Rewards
🥇 First Prize:
- $500 SOLR
- Membership in Superteam
- Syndication in our newsletter and social media
🥈 Second Prize:
- $300 SOLR
🥉 Third Prize:
- $200 SOLR
Evaluation Criteria
- Depth
- Did you explore the background of Hubble Protocol?
- Did you talk about all the key features of Hubble?
- Is your essay the one-stop-resource for people to get up to speed with this project?
- Did you join their Discord and get a feel for the community?
- Writing Style
- Did you write a compelling introduction and a satisfying conclusion?
- Is your writing easy and fun to read?
- Did you avoid overly complex jargon?
- Did you explain concepts in a way a person new to crypto could understand?
Check out previous bounty winners to get a sense of the quality we expect.
Resources
- For any questions, DM @abbasshaikh42 on Twitter or @abbasshaikh in our Discord