ETHGlobal

ETHGlobal Bangkok

Essential

$10,000

blog.essential.builders

About

Essential is the first declarative blockchain. As a new kind of layer-2 with a constraint-based VM and declarative smart contract language (Pint), Essential enables developers to create secure, scalable applications that prioritize optimal user outcomes via enforceable intent-based interactions.

Prizes

👾 Best declarative DeFi application OR tooling on Essential ⸺ $10,000

🥇

1st place

$7,000

🥈

2nd place

$3,000

🏆 This prize will be awarded to the teams that submit either: - The best declarative DeFi application using Pint; OR - The best tooling for the Essential ecosystem ➖ ➖ ➖ ➖ ➖ 🍺 OPTION 1: BEST DEFI APPLICATION USING PINT Pint (short for “programmable intents”) is Essential’s DSL for declarative smart contracts. The term declarative means that code written in Pint is focused on defining logic and not execution. Projects should feature smart contracts written in Pint, as well as a user-friendly front-end (if relevant to the project). Ideal use cases include, but are not limited to: - Orderbook-based lending - Orderbook DEX - Something utilising flash loans in a declarative way - Escrow service ➖ ➖ ➖ ➖ ➖ 🛠️ OPTION 2: TOOLING FOR THE ESSENTIAL ECOSYSTEM As well as needing good applications, our ecosystem needs more tooling for developers! Ideal use cases include: - Block explorer - Wallet - TS framework - Oracle - Or talk to our team in-person or on Discord about your idea!

Qualification Requirements

* Open-source your project on GitHub with a readme explaining what you’ve built and how it works. * If building a DeFi application, use Pint as the primary programming language for smart contract development. * Bonus points: Submit a video demo to showcase your project.