1/ Today $40m an additional investment will flow into the Solana ecosystem to support the next great generation of blockchain projects and ecosystem companies building on Solana.
This is only possible because of the astonishing progress of builders, creators, and users of SOL.
1/ We are thrilled to announce the winners of the Solana X Serum DeFi Hackathon! solana.com/news/winners-o…
2/ This two-week hackathon saw 3,000 registrations and over 100 project submissions from around the world. Projects were reviewed by a world-class team of judges. The top 9 teams now have the opportunity to compete for an additional $200k prize in seed funding.
3/ First Place Winners:
- @mangomarkets a decentralized, cross-margin trading platform with up to 5x leverage and integrated limit orders on Serum DEX’s on-chain order book
- @PsyOptions an implementation of American style options on Solana, with SOL and SPL token support.
2/ Censorship resistance and decentralisation are one of the fundamental promises of blockchain, and this is why almost all of us are in this space, because we understand its importance.
3/ The key goal here is for a network to be decentralized enough to be censorship resistant. However it’s difficult to quantify at what point that happens.