Build a Generative Art + SMART Yield Plug-In #16
Description
Prize Bounty
125 BOND or $3000
Challenge Description
Create an application that allows a user to mint a SMART Yield sBond with an associated piece of generative art. The final product should allow the artist to provide their specific algorithm, and users to select which algorithm they want run for their sBond.
- BarnBridge Integrations Documentation
- BarnBridge Documentation
- For inspiration: Charged Particles Documentation
Brief
Senior deposits into BarnBridge SMART Yield are represented by NFTs. These NFTs contain the information surrounding a user's position, like principal size and maturity. Users are able to redeem sBonds upon maturity, withdrawing the principal and associated gains from the system, but as long as they do not do so, the sBond deposit continues to earn yield for the junior side of the pool. Incorporating generative art into the sBond minting process could potentially result in new user behavior, where the act of redeeming and burning the NFT actually has a lower expected value than holding on to the artpiece.
A successful implementation of this concept will provide a mechanism by which the user can select the algorithm they want used upon minting the sBond. Additionally, an artist should be able to determine a cap on how many times the algorithm can be used.
Contact and Support
BarnBridge discord server: https://discord.gg/barnbridge
- Reach out to Max
Submission Requirements
Please include demo to show the product is working.
Winner Announcement Date
Winners will be announced at the conclusion of Open DeFi Hackathon
Judging Criteria
Have a working demo. Clean code & tech design Clear UI, easy to use and generally good user experience