BUIDL on Glitch Hack 2023: Building for DeFi with $10K in Prizes

Are you ready to BUIDL on Glitch? Enrol in an immersive DeFi expedition as we proudly present BUIDL on Glitch Hack 2023, an exciting Web3 hackathon in collaboration with our partners at Lumos Labs.

Prepare to unleash your creativity and knowledge as we offer a generous prize pool of up to US $10,000 to inspire the brightest minds in the DeFi space. Take your chance to redefine the financial landscape’s future and shape how users interact with decentralized applications.

With four compelling DeFi-based problem statements at your disposal, you’ll have the opportunity to put your abilities to the test and showcase your skills in crafting innovative money market dApps on the GLITCH blockchain.

So, are you up for the challenge?

BUIDL on Glitch Hack 2023: The Details

Registrations are now open for BUIDL on Glitch Hack 2023, a two-month-long, Web3 hackathon featuring DeFi-based problem statements tailored for developers of all skill levels.

Let’s dive into the problem statements that will drive the BUIDL on Glitch Hack 2023:

Decentralized Yield Farming Protocol

DeFi yield farming has opened up new ways to earn but can be complicated and a high barrier to entry. Build a decentralized yield farming protocol on GLITCH using the GLCH coin that is user-friendly and maximizes returns for the users.

1st Place: $2,000
2nd Place: $1,000

Decentralized Lending Protocol

Traditional lending platforms are slow and difficult to engage with, while DeFi lending protocols experience high costs and a complex user experience. Build a decentralized lending money market protocol on GLITCH that enables lending, borrowing, and earning opportunities with a seamless user experience, high efficiency and robust security.

1st Place: $2,000
2nd Place: $1,000

Enhancing User Experience for DeFi Applications on Glitch

DeFi offers a range of financial opportunities but suffers from poor user experience and complex interfaces. Build a user-friendly interface, intuitive dashboard or mobile application on GLITCH, which significantly enhances the overall user experience when interacting with DeFi applications.

1st Place: $2,000
2nd Place: $1,000

Open Innovation Track

Are you thinking outside the box? Do you have a unique DeFi project that you would like to BUIDL on the Glitch Protocol? The open innovation track is a dedicated space for you to showcase your talent.

Rewards: $1,000 prize pool

Participants have the flexibility to enter any track as a single-member team or collaborate with up to four members. The goal is to encourage diverse perspectives and foster creativity in tackling the challenges that await.

Key Dates

Mark your calendars with these crucial dates:

  • August 1st, 2023: Registrations Open
  • August 22nd, 2023: Idea Submission Phase
  • September 5th, 2023: Build Phase and Project Submission
  • September 19th, 2023: Last Day of Submission
  • September 26th, 2023: Demo Day

During the Idea Submission Phase, participants will have ample time to develop thoughtful and inventive ideas based on the provided problem statements.

Once the Idea Submission Phase concludes, the real action begins. Teams will embark on the BUIDL Phase, bringing their ideas to life. To facilitate this journey, the Hackathon will organise meetups and workshops, offering insights from experts from Team Glitch and seasoned developers.

The culmination of the hackathon will be the highly anticipated Demo Day. Here, the top projects will shine as they showcase their solutions to a panel of judges. The top submissions will be recognized and rewarded for their outstanding contributions!

Calling all BUIDLers

Whether you’re an experienced developer or a newcomer to Web3, BUIDL on Glitch Hack 2023 welcomes everyone to participate. Choose your track, form a team, and prepare to tackle DeFi’s biggest challenges. We look forward to seeing the creativity and talent that each participant will bring to the table, pushing the boundaries of decentralized finance and contributing to the growth of the GLITCH ecosystem.

Don’t miss this opportunity to be part of a thriving community of developers, enthusiasts, and industry pioneers as we collectively work towards shaping the future of decentralized finance. Together, let’s revolutionize the way we interact with financial systems and pave the way for a more inclusive, transparent, and decentralized world.

To get involved and learn more about the hackathon, visit the official BUIDL on Glitch Hack 2023 website and register now!

— Team Glitch

About Lumos Labs

Lumos Labs is building a metaverse for builders and Web3 ecosystem enablers to share opportunities to build and scale up. With a track record for aiding Web3 adoption among developer communities with programs since 2018, Lumos Labs has built a strong developer community of 60K developers and is focused on elevating their Web3 journeys.

Website | Discord | Twitter | About | 2023 Hackathon

About Glitch

GLITCH is a blockchain-agnostic super protocol explicitly designed for trustless money markets and decentralized financial applications (dApps). GLITCH solves the expensive fee structure of other blockchain platforms while simultaneously empowering all ecosystem participants and guaranteeing low network fees through a unique revenue-sharing mechanism. Glitch plans to incorporate token wrapping bridges, where dApps can run more efficiently, all in service of Glitch’s ultimate goal: to become a cornerstone of blockchain infrastructure.

Website | Twitter | Telegram | Discord | Documentation

BUIDL on Glitch Hack 2023: Building for DeFi with $10K in Prizes was originally published in Glitch Finance on Medium, where people are continuing the conversation by highlighting and responding to this story.