[Postponed] MoonRat Hackathon — Embrace MoonRat Adoption — 40k BUSD to be won!
I. What is MoonRat Hackathon (for developers)?
The MoonRat Hackathon is a competition where our team will evaluate projects based on their technical merits and the use for the MoonRat community.
The Hackathon’s purpose is to find ways to expand the MoonRat adoption.
II. Prizes
Grand Prize
The best project can receive 1 prize of 24,000 BUSD
First Place
2 projects share the reward of 10,000 BUSD
Second Place
5 projects share the reward of 6,000 BUSD
There is no deadline. The event will end when we collect enough great projects! So the sooner you apply, the high chance you can win!
III. Dapp Hackathon Criteria
1. Utilities — Use SMRAT as a payment method
The most popular utility for a token is whether it is accepted as a payment method or not. So the most important milestone we want to achieve is to use SMRAT as a primary payment option.
Suggestions: chart tools, price bot, games, … that use SMRAT for the payment
2. Reward Contribution
Since we are truly bringing the most effortless passive income, we want to enhance the reward pool sustainability. So we want to build DApps that can share their revenue and contribute to the reward pool (in BNB).
Suggestions: Any useful DApps that will charge an amount of BNB per transaction (counted as tax fee) and then send to SMRAT protocol contract:
0x68590a47578E5060a29fd99654f4556dBfa05D10
3. Statistics and Education
We build projects (can be any kind of software applications, forum, community, …) to help raise awareness of SMRAT and educate our newcomers, which helps them understand what, why, and how they should own SMRAT.
Suggestions: SMRAT wikiHow, a beautiful statistics page for SMRAT to display how many holders, how much BNB was printed, how much LP was generated, an interaction tutorial website
4. Defi Use Cases
Since we have the collect BNB feature, we are no more only a community coin, we are truly bringing the most innovative things to the #DeFi table: earning while holding tokens.
Acknowledged that many retail investors had issues with the reward, which cannot cover the transaction fee, we want to encourage the “Delegate Pool” concept.
A Delegate Pool is a wallet address that retail investors will deposit their SMRAT to. And the wallet address owner will collect BNB weekly and then redistribute the BNB reward to retail investors according to their pool shares. Thus help decreases transaction fee for all.
Since this is a new concept that also requires a lot of integrity and trust, we still want to encourage this model and hope it will become more popular to SMRAT retail investors in the future. So it will incredibly help SMRAT adoption.
IV. How to submit?
Your submission must contain these files:
- Source code
- Documentations that guides step by step to deploy the project successfully in production
- A presentation that describes the project
Send your submission to hackathon@moonrat.finance
Please notice that the MoonRat Foundation will have the rights to use and deploy the code in production under the name and copyright on behalf of MoonRat.
If you have any questions, please send them to hackathon@moonrat.finance
V. Testnet materials
- Token Tracker: https://testnet.bscscan.com/address/0x31487d80abed475788c1fdcca53de631332e9ad1#writeContract
- PancakeHelper (for buy/sell): https://testnet.bscscan.com/address/0xb3768a76364F75af9E63aED1bEc93b83Ad44a0e4#writeContract
Note: if you want to sell SMRAT, you have to approve PancakeHelper as a spender first.
VI. Disclaimer
The MoonRat Hackathon is a competition where projects will be evaluated by judges on their technological merits without consideration of legal viability. Participants in the Hackathon will create software solely for purposes of evaluation by judges as part of a competition and not for commercial deployment or release as part of the Hackathon. All participants must comply with applicable laws and regulations when releasing any software that they develop as part of the Hackathon.
The Hackathon ideas and developer resources that MoonRat Foundation (“MF”) provides are for educational and inspirational purposes only. MF does not encourage, induce or sanction the deployment of any such applications in violation of applicable laws or regulations. MF does not encourage, induce or sanction the deployment, integration, or use of any such applications (including the code comprising the MoonRat protocol) in violation of applicable laws or regulations and hereby prohibits any such deployment, integration, or use. This includes the use of any such applications by the reader (a) in violation of export control or sanctions laws of the United States or any other applicable jurisdiction, (b) if the reader is located in or ordinarily resident in a country or territory subject to comprehensive sanctions administered by the U.S. Office of Foreign Assets Control (OFAC), © if the reader is or is working on behalf of a Specially Designated National (SDN) or a person subject to similar blocking or denied party prohibitions, or (d) in violation of the Commodities and Exchange Act.
The reader should be aware that U.S. export control and sanctions laws prohibit U.S. persons (and other persons that are subject to such laws) from transacting with persons in certain countries and territories or that are on the SDN list. As a project based primarily on open-source software, it is possible that such sanctioned persons may nevertheless bypass prohibitions, obtain the code comprising the MoonRat protocol (or other project code or applications), and deploy, integrate, or otherwise use it. Accordingly, there is a risk to individuals that other persons using the MoonRat protocol may be sanctioned persons and that transactions with such persons would be a violation of U.S. export controls and sanctions law. This risk applies to individuals, organizations, and other ecosystem participants that deploy, integrate, or use the MoonRat protocol code directly (e.g., as a node operator), and individuals that transact on the MoonRat Protocol through light clients, third party interfaces, and/or wallet software.
