PancakeSwap has announced the launch of v4 Hookathon as part of its $500,000 Developer Program. This hackathon invites developers to innovate within the PancakeSwap v4 ecosystem using the Brevis ZK-Coprocessor.
Goals and Objectives of the Hackathon
With a prize pool of $40,000, the competition aims to enhance functionality and address challenges within the PancakeSwap v4 platform. The primary goal is to create Hooks—customizable smart contracts integrated with liquidity pools that execute predefined logic before or after key actions such as swaps and position modifications.
Brevis ZK-Coprocessor Technology
The Brevis ZK-Coprocessor is a smart contract enhancement tool that brings advanced capabilities to blockchain applications. It allows developers to query and analyze historical on-chain data from any blockchain while maintaining trustlessness. This reportedly enables the creation of sophisticated solutions such as loyalty programs, exclusive access pools, and improved liquidity management.
Hackathon Details
['The hackathon offers a single open track, encouraging diverse and creative solutions. Participants are invited to tackle existing pain points within the PancakeSwap ecosystem.', 'Potential ideas include liquidity incentivization mechanisms, active liquidity management protocols, market-making bots, exclusive-access pools, KYC-enabled pools, and yield management protocols.', 'The prize pool of $40,000 will be distributed as follows:\n * 1st Prize: $12,000\n * 2nd Prize: $10,000\n * 3rd Prize: $8,000\n * 4th Prize: $6,000\n * 5th Prize: $4,000.', 'Key Dates:\n * Registration Opens: September 2, 12 PM UTC\n * Opening Ceremony: September 4, 12 PM UTC, hosted on DoraHacks YouTube\n * v4 Hook Creation Workshop: September 9, 12 PM UTC, hosted on DoraHacks YouTube\n * Submissions Close: September 30, 12 PM UTC\n * Finalist Announcement: October 7, 12 PM UTC\n * Finalist Demos: October 10-17, 12 PM UTC (Online)\n * Winners Announcement: October 24, 12 PM UTC\n * Hackathon Winners AMA: October 28 - November 1, 12 PM UTC.']
The v4 Hookathon is part of PancakeSwap's broader roadmap for Q3 2024, which includes the highly anticipated launch of PancakeSwap V4. This upgrade promises improved trading functionalities, a new Web3 quest platform, an expanded veCAKE token model, and enhancements to its gaming marketplace.
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