<h3 class="heading-node">COMPANY OVERVIEW</h3>AIxBlock is an On-Chain Open-Source Platform for Rapid AI Model Development and Productization Using Decentralized Resources with Flexibility and Scalability.&nbsp;AIxBlock is transitioning to an open-source model, aiming to reward contributors for maintaining and expanding the ecosystem. With a token-based incentive program, we seek to foster sustainable growth and innovation in the open-source community. Our project allocates 15% of the total token supply for ecosystem growth, distributed through grants for impactful projects and rewards for open-source contributors.<hr><h3 class="heading-node">SCOPE OF WORK (SOW):</h3>The primary objective is to build a blockchain-based contribution tracking and reward system on Solana, integrated into AIxBlock’s current tech stack. This system will log contributors' efforts on-chain, calculate their points based on contribution type and impact, and allocate tokens proportionally post-TGE. Below is the detailed breakdown:<h4 class="heading-node">1. Objectives:</h4><ul class="list-node"><li>Record Contributions On-Chain: Develop a mechanism to log and track user contributions directly on Solana, enabling transparency and immutability.</li><li>Point-Based Reward System: Implement a system where points are assigned based on predefined contribution categories, as outlined below.</li><li>Monthly Token Distribution: Build smart contracts for proportional token distribution, ensuring fairness and gas optimization.</li><li>Fairness Mechanism: Implement thresholds and reserve mechanisms to manage unclaimed tokens and incentivize future contributions.</li></ul><h4 class="heading-node">2. Contribution Categories &amp; Point System:</h4>Points will be assigned based on the following structure:<img src="https://res.cloudinary.com/dgvnuwspr/image/upload/v1737346718/tnsjk08juhppzmnjcgby.png" alt="" title="" width="120" height="127"><h4 class="heading-node">3. Token Allocation and Distribution Mechanisms:</h4>We allocate 65% of the total ecosystem growth tokens to reward contributors. The distribution mechanism is as follows:<ul class="list-node"><li>Monthly Token Pool Unlocking: A fixed number of tokens are unlocked monthly for distribution.</li><li>Proportional Distribution Based on Points: Tokens are distributed in proportion to the points earned by contributors in a given month. Example:<ul class="list-node"><li>Monthly Token Pool: 10,000 tokens</li><li>Total Contributor Points: 1,000 points</li><li>Contributor A earns 100 points → Contributor A receives 1001000×10,000\frac{100}{1000} \times 10,000 tokens = 1,000 tokens</li></ul></li><li>Fairness Threshold: If the total points in a month fall below 500, only 50% of the token pool is distributed. The remaining tokens roll into a Community Reserve Fund to incentivize future contributions. Example for Reduced Distribution:<ul class="list-node"><li>Monthly Token Pool: 10,000 tokens</li><li>Total Points: 400 → Only 5,000 tokens distributed</li><li>Contributor A earns 100 points → Contributor A receives 100400×5,000\frac{100}{400} \times 5,000 tokens = 1,250 tokens</li></ul></li></ul><h4 class="heading-node">4. Key Deliverables:</h4><ul class="list-node"><li>Smart Contract Development:<ul class="list-node"><li>Create secure and scalable Solana-based smart contracts for tracking contributions, assigning points, and distributing tokens.</li><li>Optimize contracts for minimal gas fees.</li></ul></li><li>Integration with Existing Tech Stack:<ul class="list-node"><li>Ensure seamless integration with AIxBlock’s current centralized or decentralized systems.</li></ul></li><li>On-Chain Contribution Tracking System:<ul class="list-node"><li>Design an intuitive interface for contributors to view their contributions and point balances.</li></ul></li><li>Fairness Mechanism Implementation:<ul class="list-node"><li>Develop mechanisms for reserve management, token threshold enforcement, and proportional distribution.</li></ul></li></ul><h4 class="heading-node">5. Allocation for Grants and Ecosystem Growth:</h4>The ecosystem growth allocation of 15% of total token supply is divided as follows:<ol class="list-node"><li>Grants for Outstanding Projects (35%):<ul class="list-node"><li>Grants will fund projects expanding AIxBlock’s ecosystem, such as tools, applications, and integrations.</li><li>Developers must submit proposals, with funding tied to milestone-based progress.</li></ul></li><li>Open-Source Contributor Rewards (65%):<ul class="list-node"><li>Tokens will reward contributions as outlined in the point system above.</li></ul></li></ol><hr><h3 class="heading-node">KEY RESPONSIBILITIES:</h3>The key responsibilities for this role are as follows (as outlined earlier):<ul class="list-node"><li>Develop and implement the contribution tracking and reward mechanism on Solana.</li><li>Build smart contracts for logging contributions, assigning points, and automating token distributions.</li><li>Ensure gas efficiency and optimize for scalability.</li><li>Integrate on-chain systems with AIxBlock’s existing infrastructure.</li><li>Implement fairness mechanisms, such as contribution thresholds and reserve funds.</li></ul><hr><h3 class="heading-node">SKILLS &amp; EXPERIENCE REQUIRED</h3><ul class="list-node"><li>Proven experience with Solana development and smart contract programming using Rust and Anchor Framework.</li><li>Expertise in gas optimization and building efficient blockchain applications.</li><li>Strong understanding of decentralized systems, tokenomics, and blockchain security.</li><li>Familiarity with open-source ecosystems and contribution reward systems.</li><li>Ability to collaborate effectively with non-technical team members and stakeholders.</li></ul><hr><h3 class="heading-node">COMPENSATION STRUCTURE</h3><ul class="list-node"><li>Initial Bounty: Competitive payment based on milestones achieved.</li><li>Long-Term Rewards: Token distribution based on contributions post-TGE, with an allocation from the ecosystem growth pool (65%).</li></ul><hr><h3 class="heading-node">HOW TO APPLY</h3>Submit a proof of concept (POC) that demonstrates:<ol class="list-node"><li>Your approach to implementing a point-based reward system on Solana.</li><li>Strategies for gas optimization and scalability.</li><li>Examples of past projects or contributions to open-source systems (links to GitHub, portfolios, etc.).</li></ol>Shortlisted candidates will be invited for a technical discussion to finalize the implementation plan.<hr>Help us to shape the future of open-source development and decentralized collaboration! We’re also open to a full time opportunity after this bounty is completed successfully.<hr>

1,000USDC Total Prizes
1,000 USDC 1st

Solana Developer for Open-Source Contribution Reward System