ETHGlobal

ETHGlobal Bangkok

CoW DAO

$10,000

cow.fi

cowswap

About

CoW DAO is on a mission to make DeFi safe and seamless for all. It does this by developing user-protective products like CoW Swap (the most-traded DEX frontend, by volume – recently surpassing both Uniswap and 1inch), CoW Protocol (the #1 intents-based exchange protocol, with the most robust solver competition in DeFi), MEV Blocker (the leading MEV-protecting RPC endpoint), and CoW AMM (the first MEV-capturing AMM).

CoW Protocol works by separating trade intents from trade executions – giving users the ability to express any DeFi-related intent imaginable, while delegating trade execution to sophisticated matching engines called solvers. Ultimately, this results in better prices for users, while protecting them from bad outcomes like MEV exploitation. In addition to hosting the largest solver competition in DeFi, CoW Protocol has the most-advanced developer framework of any DEX. Programmatic Orders let developers deploy orders that execute perpetually into the future based on arbitrary conditional logic, and CoW Hooks let developers chain swaps together with any other DeFi action (ie: simplifying advanced DeFi actions). The sky is the limit!

CoW AMM is the first MEV-capturing AMM. Only CoW Protocol solvers are allowed to trade against CoW AMMs, meaning that – since solvers win auctions by offering users more surplus – CoW AMM pools grow by capturing value for LPs that would normally go to arbitrage bots. Because liquidity pools auto-rebalance and protect LPs from LVR, they behave like enhanced index funds that (according to portfolio theory) reduce risk and increase return for tokenholders.

Submissions will be judged on creativity and utility. We will only accept working prototypes.

Prizes

🔁 Programmatic Orders ⸺ $4,000

🥇

1st place

$2,500

🥈

2nd place

$1,500

Programmatic Orders let developers deploy orders that execute perpetually into the future based on arbitrary conditional logic. Winners of this hackathon prize will develop advanced conditional order types with CoW Protocol’s programmatic order framework that are able to be leveraged by any DeFi user or that enable unique abilities within a broader technical architecture.

Example submissions might include:

Trailing stop loss orders
VWAP orders
Bracket orders
Funky conditionals (i.e. only buy when it rains in Dubai)
Order types with cross-relevance to another part of DeFi (for example, automated collateral swaps might be relevant to lending protocols)
Auto-swapping between LP tokens based on pool state
Exotic order types that leverage CoW AMM LP tokens

Qualification Requirements

Prizes will be awarded to the most innovative and unique use of Programatic Orders
Github repo with viewable code
An included README describing how to install and use the code
Code should be easily executed by our judges
Each submission should be capable of creating a working order on testnet or Mainnet (Ethereum, Arbitrum or Gnosis Chain)
CoW Swap reserves the right to not award a bounty to submissions that do not fulfill the above criteria

Links and Resources

ERC1271 Programmatic Orders

https://www.youtube.com/watch?v=6zj0_E8JWPQ&list=PLiwjGLkKD_XH4F_KntPREj2cOLpatvu88&index=2

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🪝 Hooks ⸺ $4,000

🥇

1st place

$2,500

🥈

2nd place

$1,500

CoW Hooks are pre- and post- interactions that allow users to bundle multiple DeFi actions together with their trades, leading to significant UX improvements. Winners of this hackathon prize will develop interesting hooks that can be leveraged by any DeFi users or that enable unique abilities within a broader technical architecture.

Example submissions might include:

Claim rewards → sell rewards → re-deposit to yield vault
Claim airdrop → swap to USDC or ETH
Unlock LP tokens → swap token to USDC → bridge & send to address (payments)
Borrow stables → swap → deposit in farming vault
Deposit wstETH to Aave, borrow USDC → swap USDC for USDT → deposit USDT to Morpho
Flashloan ETH, deposit ETH and borrow DAI → swap DAI for ETH → repay flashloan
Open CDP → borrow stables → swap → bridge/deposit in farming vault
Unstake → swap → bridge
Approve token → swap token → bridge
Borrow stables → swap stables → deposit in farming vault
Rebalance funds with a trade → deposit on CoW AMM

Note: CoW Swap will soon launch a “Hooks Store” within its UI where users will be able to take advantage of hooked DeFi interactions with ease – we are keen to build our Hooks library and may be interested in collaborating on CoW Hooks beyond the scope of this hackathon.

Qualification Requirements

Prizes will be awarded to the most innovative and unique use of CoW Hooks
Github repo with viewable code
An included README describing how to install and use the code
Code should be easily executed by our judges
Each submission should be capable of creating a working order on testnet or Mainnet (Ethereum, Arbitrum or Gnosis Chain)
CoW Swap reserves the right to not award a bounty to submissions that do not fulfill the above criteria

Links and Resources

Hooks

https://ethglobal.com/talks/cow-hooks-how-to-add-pre-and-post-interactions-to-your-swaps-qacc1

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CoW Hook Store: Integration Guide

https://cownation.notion.site/CoW-Hook-Store-Integration-Guide-8f8309eb0ee44b2b9f46400d960a1a34?pvs=4

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💡 Open Innovation ⸺ $2,000

Any project that shows a working prototype that integrates any aspect of CoW DAOs technologies (from CoW Protocol, CoW AMM, or MEV Blocker) outside of the criteria of the other bounties, is eligible for the open prize. Submissions will be judged on utility and creativity.

Qualification Requirements

Prizes will be awarded to the most innovative and unique use CoW DAO's product suite
Github repo with viewable code
An included README describing how to install and use the code
Code should be easily executed by our judges
Each submission should be capable of creating a working order on testnet or Mainnet (Ethereum, Arbitrum or Gnosis Chain)
CoW Swap reserves the right to not award a bounty to submissions that do not fulfill the above criteria