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UST to Agoric Build Challenge #3994
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Issue Status: 1. Open 2. Started 3. Submitted 4. Done This issue now has a funding of 3500.0 USD (3498.6 USD @ $1.0/USD) attached to it.
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Issue Status: 1. Open 2. Started 3. Submitted 4. Done Work has been started. These users each claimed they can complete the work by 1 week from now. 1) pmlambert has started work. Build an IBC bridge app. Learn more on the Gitcoin Issue Details page. |
Issue Status: 1. Open 2. Started 3. Submitted 4. Done The funding of 3500.0 USD (3494.75 USD @ $1.0/USD) attached to this issue has been cancelled by the bounty submitter
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Issue Status: 1. Open 2. Started 3. Submitted 4. Done This issue now has a funding of 3500.0 USD (3494.75 USD @ $1.0/USD) attached to it.
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Issue Status: 1. Open 2. Cancelled Workers have applied to start work. These users each claimed they can complete the work by 264 years, 4 months from now. 1) vlex67 has applied to start work (Funders only: approve worker | reject worker). I joined the Agoric Discord bounties channel. My Discord ID #2678 I think it would be cool to explore the central dashboard and one-stop shop to manage all defi projects on the cosmos ecosystem in one place. Very similar to step finance, but applicable to cosmos. I am a big user of step and can see the use cases in cosmos. My action plan will include: 1 Build smart contracts to enable interaction with osmosis and gravity DEX for exchange and liquidity mining 2 Build dashboard UI in svelte and connect 3 If useful, extend to other defi hubs / products. I would build two relay nodes. One for each chain that would relay transactions over to the other chain via IBC and recognize porting over tokens from one chain to the other. In this case since the UST CW20 contract is already present on the Terra chain, we would need to create an equal representation of that contract on Agoric to record the type of token being transferred. Then we can supply liquidity on an AMM with an equal amount of UST and RUN. Learn more on the Gitcoin Issue Details page. |
March 23 update from @mihado: What I found from my testing is that it's surprisingly hard to set up IBC relay for terra. Most public terra nodes don't have gRPC turned on (which is required by hermes) so the main challenge become setting up a proper local terra node that can talk with terra testnet. I think the main challenge of this bounty (& the other bounty that go in the reverse direction) is setting up the relay bridge. |
@mihado, here's a link to the docs referenced in office hours: https://agoric.com/documentation/guides/agoric-cli/starting-multiuser-dapps.html#example |
And since due to #4165 , purses don't get RUN for free by default any more, the way we got RUN was to substitute the
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Issue Status: 1. Open 2. Started 3. Submitted 4. Done The funding of 3500.0 USD (3503.5 USD @ $1.0/USD) attached to this issue has been cancelled by the bounty submitter
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Description
Build and demonstrate a user friendly pathway to bridge Terra's UST to Agoric over IBC and collateralize a RUN-UST pool on the Agoric AMM
Context
This challenge will catalyze cross chain interaction between the Agoric and Terra stable currencies. To gain adoption across the interchain, both currencies need to have deep liquidity on multiple chains. When Agoric is in production, the RUN-UST pools on each chain are likely to be incentivized.
A primary goal of this challenge is to clearly demonstrate the cross-chain IBC transmission of the asset in question and the collateralization of it in the native AMM on the destination chain. Any issues found in the process should be communicated as part of the submission process. Hackathon bounty may be extended depending on engagement.
Submission Requirements
Submissions must include the following:
Applicant Assessment Criteria
Important: Please provide a clear workplan for how you will approach this bounty. Use the work plan as an initial demonstration that you would be a good candidate. Bounties will require coordination with the Agoric team, so unfortunately only plans submitted in English will be considered.
Applicants will be assessed based on the following criteria:
Payment Details
Payment will be made in USD (fiat currency) via wire transfer (not Paypal as listed). The developer is responsible for providing their completed tax documents (W9 for US based developers and/or W8 or W8-BEN-E for non-US based developers) and providing their banking details in order to receive payment.
Review Process
It is best to join our Discord and post your gitcoin name in the bounties channel, so that we can follow up with you. Otherwise, we will write on your gitcoin profile wall and say hello!
References
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