Thread by @Naan_Fungible

1/13 @reserveprotocol Bounty update - Let’s dig in:

A quick recap: We launched the protocol with 18 possible collateral assets to back an RToken, and a large part of our @gitcoin hackathon rewards ($140,000) are going towards creating more collateral options.

2/13 We’re excited that so far we have over 200 participants, and all of our top bounties are being worked on:

@Uniswap, @ConvexFinance, @iearnfinance and @maplefinance plugins will increase optionality for deployers, and greatly expand the realm of possibility for RTokens

3/13 For those looking to get involved, there are plenty of interesting collateral plugins that you can get rewarded to work on. A few of my personal favorites below:

4/13 @LidoFinance - This plugin would enable liquid staking assets such as $stETH to used as underlying collateral for an RToken

5/13 @ArrakisFinance - Arrakis uses automated liquidity management to drive efficiency and boost Uni V3 LP yields. This plugin would enable Arrakis vaults to be used as collateral:

https://twitter.com/ArrakisFinance/status/1589260061141979137

6/13 @eulerfinance - With this plugin, deployers could back their currency with Euler’s permissionless lending positions

7/13 @goldfinch_fi - This plugin would allow Goldfinch’s tokenized corporate credit pools to back currencies

8/13 Each of the above carries a bounty of $3,000 for well-designed code that provides a new asset to the Reserve Protocol platform, and if you’re interested in seeing the full list, you can find it here ⬇️
docs.google.com/spreadsheets/d…

9/13 For content creatives - particularly writers and video producers - we have a wealth of bounties, starting from $500 and running to $3,000.

We are seeking insight and analysis, around both Reserve and the broader stable currency landscape.

gitcoin.co/issue/29519

10/13 And finally, our Grand Prize! The "Best addition to Reserve" bounty with a $100,000 prize pool, including a top prize of $50,000.

Come join our discord, form a team, and help push the boundaries of financial innovation 🔥

gitcoin.co/issue/29518

11/13 For folks participating in the hackathon, we'll be hosting technical office hours with our engineering team this week on Wednesday the 9th at 7am PST, and Friday the 11th at 10am PST via our Discord: discord.gg/M3PqmR66Dm

12/13 For anyone who is interested in participating, it's not too late! There is still 4 weeks left in the hackathon, if you’d like to join, or know someone who fits the bill register here! gitcoin.co/hackathon/rese…

13/13 Lastly, if you are new to Reserve, we build tools for people to create, access and use stable currencies globally.

Here's our intro video with everything you need to know about the protocol! $RSR ⬇️