1inch Network logo

1inch Network

$20,000

About

The 1inch Network unites decentralized protocols whose synergy enables the most lucrative, fastest and protected operations in the DeFi space. The initial protocol of the 1inch Network is a DEX aggregator solution that searches deals across multiple liquidity sources, offering users better rates than any individual exchange. This protocol incorporates the Pathfinder algorithm which finds the best paths among different markets over 180 liquidity sources on Ethereum, BNB Chain, Polygon, Avalanche, Optimistic Ethereum, Arbitrum and Gnosis Chain. In just over two years the 1inch DEX aggregator has reached 2M users and surpassed $150B in overall trading volume. The 1inch Aggregation Protocol facilitates cost-efficient and secure swap transactions across multiple liquidity sources. 

The 1inch Network unites decentralized protocols whose synergy enables the most lucrative, fastest and protected operations in the DeFi space. The initial protocol of the 1inch Network is a DEX aggregator solution that searches deals across multiple liquidity sources, offering users better rates than any individual exchange. This protocol incorporates the Pathfinder algorithm which finds the best paths among different markets over 180 liquidity sources on Ethereum, BNB Chain, Polygon, Avalanche, Optimistic Ethereum, Arbitrum and Gnosis Chain. In just over two years the 1inch DEX aggregator has reached 2M users and surpassed $150B in overall trading volume. The 1inch Aggregation Protocol facilitates cost-efficient and secure swap transactions across multiple liquidity sources. 

Prizes

1inch Network$20,000
   ㉧ $4,000       ㉧ $3,000       ㉧ $2,000       ㉧ $3,000       ㉧ $2,000       ㉧ $1,000       ㉧ $2,500       ㉧ $1,500       ㉧ $1,000   

1inch ETHGlobal Paris Hackathon Bounties

Bounty 1: Build an Innovative Application on top of 1inch Network's Fusion API

Prize Amount:

🥇 First place: $4,000 USD 🥈 Second place: $3,000 USD 🥉 Third place: $2,000 USD

Bounty Description:

Build an innovative application that leverages the power of 1inch Network's Fusion API. Your application should provide unique functionalities and value-added features to users within the Defi ecosystem.

Criteria:

  1. Utilize the 1inch Network's Fusion API to access and interact with the Fusion protocol.
  2. Introduce innovative and differentiated features that enhance trading experiences and improve DeFi accessibility.
  3. Design a user-friendly interface that ensures ease of use and intuitive navigation.
  4. Implement security measures and conduct thorough testing to ensure the protection of user funds.
  5. Provide comprehensive documentation, including clear instructions on how to use your application and explanations of its functionalities.

Nice to haves:

  1. Optimize gas usage and transaction costs to provide cost-effective trading options for users.
  2. MEV Resistance

Resources:

  • 1inch Network's Fusion API documentation: https://docs.1inch.io/docs/fusion-swap/introduction

Note: Your application should be an open-source project accompanied by clear documentation explaining its usage. Focus on demonstrating the unique value your application brings to the 1inch Network ecosystem while ensuring a seamless and secure user experience.

Bounty 2: Build Innovative Solutions on top of 1inch Network's Smart Contracts

Prize Amount:

🥇 First place: $3,000 USD 🥈 Second place: $2,000 USD 🥉 Third place: $1,000 USD

Bounty Description:

Build innovative solutions that leverage the power of 1inch Network's smart contracts. Your solution should enhance the functionalities of the existing smart contracts, introduce new capabilities, or provide novel use cases within the DeFi ecosystem.

Criteria:

  1. Utilize and extend the capabilities of 1inch Network's smart contracts to offer unique functionalities and value-added features.
  2. Demonstrate creativity and originality in addressing challenges or introducing new use cases within the DeFi space.
  3. Design and implement robust, secure, and efficient smart contracts.
  4. Provide comprehensive documentation, including clear instructions on how to use your solution and explanations of its functionalities.
  5. Ensure seamless integration with the existing 1inch Network ecosystem.

Nice to haves:

  1. Implement advanced features such as flash loans, collateralization mechanisms, or decentralized governance.
  2. Optimize gas usage and transaction costs to provide cost-effective solutions for users.
  3. Conduct thorough testing to ensure the safety of user funds.

Resources:

  • 1inch Network's smart contracts documentation: https://docs.1inch.io/docs/aggregation-protocol/smart-contract/AggregationRouterV5

https://docs.1inch.io/docs/limit-order-protocol/smart-contract/LimitOrderProtocol#

  • 1inch Network’s Github Repositories: https://github.com/1inch

Note: Your solution should be an open-source project accompanied by clear documentation explaining its usage and integration with 1inch Network's smart contracts. Focus on providing innovative and valuable additions to the 1inch Network ecosystem.

You can use any 1inch Smart Contract defined in the 1inch Github repo.

Bounty 3: Open Track

Prize Amount:

🥇 First place: $2,500USD 🥈 Second place: $1,500 USD 🥉 Third place: $1,000USD

Bounty Description:

Develop an innovative DeFi solution on a supported EVM that has a meaningful impact on the community. Your project should introduce novel concepts or functionalities, addressing real-world problems and pushing the boundaries of DeFi.

Criteria:

  1. Create an open-source project with a clear description and rationale for its potential impact.

Nice to Have:

  1. Incorporate any 1inch Product.

Workshop

Deep dive into 1inch Fusion

All you want / need to know about 1inch Fusion protocol

This workshop is happening in-person

05:00 PM CEST — Friday, Jul 21, 2023 in Workshop Room 2