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Stake-or-Rekt

Stake or Rekt: Where losers fund your gains and only the bold walk away richer.

Stake-or-Rekt

Created At

ETHGlobal Taipei

Project Description

The platform functions as a Player-vs-Player (PvP) staking arena where participants can stake their tokens against other players in various competition formats. The core mechanic revolves around a "winner takes all" approach - when competitions conclude, losers' tokens are automatically swapped to the winner's token type and distributed among the successful stakers according to their stake proportion. This creates a high-risk, high-reward environment that incentivizes strategic participation. Key features include:

  • Instant deposits and withdrawals to favorite exchanges through our state channels hub
  • Multiple competition formats (1v1 duels, tournaments, time-based challenges)
  • Smart contract-based escrow system ensuring fair distribution of winnings
  • Real-time leaderboards to track top performers
  • Gas-efficient transactions through state channel implementation

The platform aims to introduce competitive gameplay elements to traditional staking, creating an engaging and potentially profitable experience for crypto enthusiasts who want to test their strategies against other players rather than simply staking against protocol rewards.

How it's Made

Tech Stack Frontend:

  • Next.js framework for a fast, responsive user interface
  • Wagmi for seamless wallet connections and interactions
  • Privy smart wallets enabling frictionless onboarding for crypto newcomers

Transaction Layer:

  • Pimlico for sponsored transactions, allowing users to interact without holding gas tokens

Smart Contract Development:

  • Foundry framework for robust contract development, testing and deployment
  • Custom staking and competition logic with automated token swap mechanisms

DeFi Integration:

  • 1inch's v6 swap protocol for optimal token exchanges
  • Efficient execution paths ensuring winners receive maximum value from losers' tokens
  • 1inch Dev APIs for real-time token price tracking and market data

Blockchain Infrastructure:

  • Multi-chain deployment across Base and Flow blockchains
  • Leveraging Base's thriving memecoin ecosystem
  • Capitalizing on Flow's emerging pump.fun-inspired projects and growing momentum
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