ETHGlobal

ETHIndia 2023

XDC Network

$10,000

About

Fathom Protocol is an early-stage startup pioneering in decentralized finance (DeFi) on the XDC network. It aims to enhance liquidity through the over-collateralized stablecoin, FXD, to bridge DeFi with real-world assets. Fathom roadmap encompasses a broad spectrum, including Lending, DEX, DAO, and other products on the XDC network.

XDC, as an organization, is on a mission to improve the overall deficit in the global infrastructure with the help of Blockchain technology. XDC has revolutionized the concept of peer-to-peer transactions by using community-driven digital assets in an open-source blockchain platform.

The core idea behind our initiative is to make the transactions more secure and transparent among the parties involved in cross-border trade. XinFin, as an organization, believes in establishing an environment that will help businesses thrive without worrying about the hassles of international fund transfers.

Prizes

🏆 Best Use or Extension of Fathom Protocol ⸺ $10,000

🥇

1st place

$4,500

🥈

2nd place

$3,500

🥉

3rd place

$2,000

Ideas for Implementations:

Enable private peer-to-peer transfers of Fathom FXD stablecoin using zero-knowledge proof technology.
Develop Solidity smart contracts for stable pools like in Curve and integrate them with Fathom DEX.
Create and integrate a Fathom DEX plugin that will allow cross-DEX swaps.
Develop compliance features for FXD: daily limits, Know Your Customer (KYC) options, and wallet screening.
Integrations for Fathom FXD stablecoin with DEXs/bridges/aggregators/etc.
Integrations of Fathom Application with different open-source wallets.

The 1st place-winner team will have an opportunity for a Dubai trip where they will get a chance to visit the XDC Network Developer Center and have an amazing desert safari.

Qualification Requirements

As a result, we expect the working smart contracts (passing unit tests) and UI (huge bonus). Showcase the deployed dApp working on XDC mainnet / Apothem testnet.