ETHGlobal

ETHGlobal Taipei

Rootstock

$10,000

About

Rootstock is the first and longest-running Bitcoin sidechain, fully compatible with the Ethereum Virtual Machine (EVM). By using the Solidity programming language, it ensures seamless interoperability with Ethereum-based applications. On mainnet since 2018, Rootstock is secured by over 80% of the hash power of Bitcoin through a consensus mechanism known as Merged Mined Proof-Of-Work. It also uses a 1:1 to Bitcoin pegged native token RBTC that allows you to interact with DeFi protocols and dApps on the Rootstock network. You can use RBTC for minting, swaps, gas fees, and more. This hackathon is a unique opportunity for builders to innovate in the Bitcoin ecosystem and contribute to the evolving blockchain landscape.

Prizes

💰 Everyday DeFi ⸺ $6,000

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1st place

$4,000

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2nd place

$2,000

Build practical DeFi applications on Rootstock and/or RIF technologies. We’re looking for accessible, efficient tools that redefine everyday finance, with a special emphasis on yield optimization to maximize user returns. 🔸Lending protocols 🔸Decentralized exchanges (DEXs) 🔸Yield farming strategies 🔸Liquidity pools 🔸Insurance protocols 🔸Decentralized credit scoring 🔸Trading bots

Qualification Requirements

- Smart contract deployed in Rootstock and at least 2 on-chain (testnet) successful transactions. - Projects must have a description and a GitHub repository with a descriptive README. The README should include: 1) Clear short one-sentence description of your submission. 2) Short description of what you integrated Rootstock with and how. 3) Short description of the team and their backgrounds. 4) Clear instructions for testing the integration. 5) Feedback describing your experience with building on Rootstock. 6) A short video demo or slide deck.

🏆 Freestyle Track ⸺ $4,000

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1st place

$3,000

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2nd place

$1,000

Build high-quality decentralized applications (dApps) on Rootstock and unleash your creativity. We’re looking for innovative solutions, and while not required, integrating AI-driven tools or techniques will earn you bonus points for showcasing advanced innovation. 🔸Ai-powered smart contracts or analytics 🔸Ai Agents 🔸Real World Assets (RWA) tokenization 🔸Decentralized Physical Infrastructure Networks (DePIN) 🔸Privacy-preserving smart contracts