August 16th - October 2nd

Liquid Staking Hackathon Overview

On July 27, the Sui framework was upgraded to enable developers to build non-custodial liquid staking applications on Sui. This additional functionality in the protocol has created new opportunities for developers to innovate and build creative apps and financial products on Sui.

Sui Foundation is hosting the Liquid Staking Hackathon to identify and reward developer teams that build non-custodial liquid staking functionality into their apps and products.

Here’s What You Need to Know:

Three main stages: registration, shortlisting, demo day

Format is primarily online

Participate in demo day online at the end of September

In-person check-in at Builder House in Singapore on 9/15-9/16

Total prize pool: 25M SUI in staked tokens & $125,000 USD in SUI tokens

Hackathon Timeline

Registration period

August 16-September 16

In-person check-in and workshops

September 15 @ Builder House in Singapore

Shortlisting judging period

September 17-21

Final round demos

September 28-29

Results announced

October 2

Hackathon Eligibility

Either teams or individuals can submit a project.

The project must be deployed to Sui Mainnet or Testnet by demo day.

The project must utilize some form of liquid staking primitive on Sui.

The liquid staking design must be non-custodial.

The project team must participate in demo day according to the assigned schedule at the end of September.

If chosen to receive a prize, the project must go through smart contract auditing and deploy on Sui Mainnet.

A member of the project team must pass KYC to receive any prizes.

The project must promote decentralization through preserving the ability to stake with any validator or algorithms that encourage beneficial staking behavior.

Competition Process

Continue to check this section for updates as additional details are announced.

Registration - August 16-September 16

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The registration form opens on August 16 and will ask for information regarding the project, including a primary contact, description, and links to the project’s website and GitHub repo.
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Project registrations will be checked for completion and accuracy of information, and incomplete registrations will be filtered out.

Builder House in Singapore - September 15, 2-5 p.m. SGT

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Hackathon teams are invited to attend the Sui Builder House in Singapore in person to meet the Sui Foundation and Mysten Labs teams, hackathon judges, and other DeFi projects.
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At the Builder House, hackathon teams will have the opportunity to receive one-on-one feedback and guidance to improve their chances of being shortlisted and succeeding in the competition.

Shortlisting - September 17-21

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Shortlisted projects are selected from the pool of registered projects on a rolling basis and will be announced at a regular cadence.
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A committee of scorers from the Sui Foundation, co-hosts, strategic partners, and ecosystem projects will be selecting the shortlisted projects.
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Scores are based on a pre-set rubric and projects that meet a threshold of the minimum average score will be shortlisted.

Demo Day Sessions – September 28, 9 p.m.-12 a.m. PT
(September 29 6-9 a.m. CET, 12-3 p.m. HKT)

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The demo day sessions will consist of online demos and Q&A that will be broadcast through StreamYard and Sui Foundation’s official Youtube channel.
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Each team will be given a 15-minute slot, with 5 minutes of demo time and 10 minutes of Q&A with the judging panel.
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The panel of judges and experts selected by the Sui Foundation and the hackathon partners will submit scores for each project demo based on a pre-set rubric. These scores will be used to determine the winners of each category.
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Competition results will be announced on October 2nd.

Categories and Prize Pools

Additional Bounties

Cetus Bounty

$5000 USD in CETUS tokens to an LST DeFi vault based on Cetus

In order to qualify for the Cetus bounty, the project team must build an LST DeFi vault focused on a stSUI-SUI pool on Cetus. It should:

Allow users to easily add liquidity to the vault and get fungible LP tokens from the vault as ownership proof
Be responsible for adding liquidity to corresponding pools on Cetus and its further position management
Have a reasonable position rebalancing mechanism to maintain high capital efficiency
Provide a smart contract method to allow developers to easily get the underlying asset amounts of an LP token to encourage composability
Have an auto-compound feature that can help users to accrue transaction fee earnings and farming rewards (optional)

Additional details

NAVI Bounty

$8000 USD in NAVI tokens to an LST DeFi project that leverages their protocol.

In order to qualify for the NAVI bounty, the project team must seamlessly integrate and leverage the NAVI Protocol's capabilities into the LST DeFi ecosystem. Of particular interest are solutions that enhance DeFi offerings, streamline user experiences, and create new opportunities for financial activities. It should:

Integrate NAVI Protocol’s lending/borrowing features and smart contract
Ensure transactional security, efficiency, and low latency
Have a user-friendly interface using concepts such as step-by-step guides, FAQs, and tooltips
Consider areas such as flash loans, yield farming, and staking
Have undergone rigorous testing, including but not limited to security audits, performance tests, and user acceptance tests
Be able to provide a live demonstration on a testnet before final deployment

Additional details

Scallop Bounty

$5000 USD in SUI tokens to an LST DeFi project that incorporates their protocol

To qualify for the Scallop bounty, the project team must develop a product that integrates Scallop's advanced capabilities into the Sui LST DeFi ecosystem. Of particular interest are solutions that:

Integrate Scallop's lending/borrowing features and smart contract
Leverage the Scallop SDK and sCoins (Scallop Market Coins) for new financial products
Ensure robust transactional security, efficiency, and low latency
Deliver a user-friendly experience using elements like step-by-step guides, FAQs, and tooltips
Explore areas such as flash loans, yield farming, and staking with Scallop's technology
Undergo rigorous testing phases, including but not limited to security audits, performance tests, and user-acceptance tests
Provide a live demonstration on a testnet before the final deployment

Additional details

September 15

Builder House Singapore

Sui Builder Houses are the center of the in-person Sui universe. Our Builder Houses provide opportunities to meet and collaborate with Sui builders across the globe and learn the latest technologies and updates for building on the Sui platform.

General

The hackathon officially begins on August 15, when the registration form opens. You have until September 15 to submit your project for shortlisting consideration.

Yes! As the feature to enable non-custodial liquid staking is fairly new on Sui, it was not previously possible to build so all projects can participate. However, for existing projects on Sui, only their newly-built liquid staking features will be considered for judging to maintain a level playing field with new projects.

Both individuals and teams are allowed to register for the hackathon. We will facilitate matchmaking for individuals to help them form teams.

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Sui Liquid Staking Hackathon

Liquid Staking Hackathon Overview

Hackathon Timeline

Categories and Prize Pools

Additional Bounties

Builder House Singapore

When does the hackathon start?

Can existing projects on Sui participate?

Are participants allowed to register as individuals or only as teams?

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