PancakeSwap has announced the launch of the 'v4 Hookathon' as part of its $500K Developer Program. The goal of the hackathon is to drive innovation and development within the PancakeSwap v4 ecosystem using the Brevis ZK-Coprocessor.
What is Brevis ZK-Coprocessor?
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 while maintaining trustlessness. This reportedly enables the creation of sophisticated solutions such as loyalty programs, exclusive access pools, and improved liquidity management.
Hackathon Details and Potential Ideas
In the v4 Hookathon, participants can create Hooks—customizable smart contracts integrated with liquidity pools that execute predefined logic before or after key actions like swaps and position modifications. Potential ideas include Liquidity Incentivization mechanisms, Active Liquidity Manager protocol, Market-Making Bots, Exclusive-Access Pools, KYC-Enabled Pools, and Yield Manager Protocols.
Prize Distribution and Key Dates
The hackathon prize pool is $40,000, distributed as follows: 1st Prize: $12,000 2nd Prize: $10,000 3rd Prize: $8,000 4th Prize: $6,000 5th Prize: $4,000 Prizes will be awarded in USDC on the BNB Chain and distributed within four weeks of the hackathon's conclusion. Key Dates: * Registration Opens: September 2, 12 PM UTC * Opening Ceremony: September 4, 12 PM UTC, hosted on DoraHacks YouTube * v4 Hook Creation Workshop: September 9, 12 PM UTC, hosted on DoraHacks YouTube * Submissions Close: September 30, 12 PM UTC * Finalist Announcement: October 7, 12 PM UTC * Finalist Demos: October 10-17, 12 PM UTC (Online) * Winners Announcement: October 24, 12 PM UTC * 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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