Truflation
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Truflation

Win a grant for the best dApp built using the Truflation oracle.

Total of 5000 USDT available to the top 3 teams.

We are kicking off our 2022 Hackathon Tour with an announcement for the DeFi entrepreneurs and developer community.

Anyone who builds an interesting DApp MVP using the Truflation oracle can win:

  • 1st place— $3000
  • 1st runner up— $1000
  • 2nd runner up — $1000

The goal: to show the truCPI in use given all the inflation wow’s we see today.

We want participants to consider how to use the Truflation CPI to create a stronger understanding of the importance of inflation and how it is impacting everyone.

This 1-week virtual event starts on the 17th of March 2022 at ETH Austin and will continue till the 24th of April 2022.

How to participate in our competition

You can catch us at the various events we are touring or virtually on our Telegram and Discord, and let us know what you’re building.

Our team, data specialists, and devs can help answer your specific questions or even provide additional data if possible.

You can simply make use of our data API provided on Chainlink as:

and submit your product description, links, code or GitHub to us via the form on our website form.

Deliverables:

  • Elevator pitch description (~75word, 30sec definition of your idea, text, or recording)
  • GitHub front end/backend MVP
  • Smart contract
  • 2-5 slides presentation of your concept and the MVP

Assessment:

We will consider your concept and its presentation (pitch and slides) and the quality of your code and smart contract.

The projects that best underline the need for independent inflation data in the current geopolitical situation will win our grants to continue developing their MVPs.

We will choose the most exciting and promising entries as soon as possible and announce winners across social media.

EDIT 18–MAR–2022:

  • We lowered the requirement for the presentation slides from 5 to 2–5. We won't be stringent in how you chose to present your idea as long as the concept and your work come across.
  • We scraped the idea that you should share your team and partners. Of course, you don’t have to. We live in the anon world. But can share if you want, especially if you’d like to strike up a longer collaboration with us.

About Truflation

Truflation is an independent, daily US inflation rate available on-chain for DeFi smart contracts. It is built using the official USD CPI model, substituted in ~60% with the market price data to give the most accurate and recent inflation numbers.

For more information:

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Truflation

Truflation

Daily, unbiased, data-driven, real-market inflation rate available on-chain and off-chain.