IOST DeFi Incentive Program 2.0 - DropsEarn
IOST DeFi Incentive Program 2.0

IOST DeFi Incentive Program 2.0

    IOST creates a global developer-friendly DeFi ecosystem with zero thresholds for users. High potential products such as PowerDeFi, IOST DEX, and otbTRADE have been launched in the IOST ecosystem. The IOST Foundation takes another big step in launching a new incentive plan- the DeFi Incentive Program 2.0 - an $USD 6 Million-Fund to give a further boost to the continuous innovation of DeFi on IOST. Calling talented DeFi developers, especially IOST partner nodes, to apply for this fund in the following DeFi categories.

    Reward pool
    $6,000,000
    Expected profit
    Not set
    Max participants
    DropsEarn score
    Neutral

  • Activity Type: Competition Tasks DeFi Development
  • Date: 20 Aug 2020 12:00(UTC+3) - 26 Aug 2020 19:00(UTC+3)
  • Registration: Closed
  • Event status: You can't participate (Event ended)
  • Links: Official Announcement
Go to event page

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How To Participate:

  1. Applicants must fill the IOST DeFi Incentive Plan 2.0 Application Form here
  2. Choose a development category

After the information is submitted, the IOST team will contact you within 3 working days.

Please add a project introduction (200 words), team introduction, and contact information within the form.


Detailed Information

1. Liquidity pool DEXs

Specific development direction

  • An Uniswap alike DEX on the IOST chain
  • Add innovations based on uniswap, to develop a better and faster reserve dex

2. Lending

Specific development direction

  • A lending platform on the IOST chain, similar to AAVE

3. Stable coins

Specific development direction

  • A Fiat collateralized stablecoin, similar to MakerDAO
  • A protocol based stablecoin, similar to AMPL

4. Financial derivatives

Specific development direction

  • A decentralized open trading platform, similar to dYdX

5. DeFi Pools

Specific development direction

  • A YFI alike platform on the IOST chain
  • Other DeFi products similar to YFI

6. Oracles

Specific development direction

  • An easy to use Oracle, similar to Link or Band

7. Decentralized Autonomous Organization DAO

Specific development direction

  • A universal DAO platform on the IOST chain, similar to Aragon, DaoStack
  • A dedicated DAO platform on the IOST chain, similar to KyberDao, MakerDAO

What will the developer/team get?

All teams that apply for the above categories and are selected for the IOST DeFi Support Fund will receive the following support:

  • Financial support: With the IOST million-dollar support fund to ensure that development costs are covered, as well as excess tokens;
  • Market promotion: online and offline promotion in more than 20 countries around the world, as well as high-quality promotion resources from well-known media, communities, and KOLs;
  • Traffic support: High-quality DeFi projects will receive user volume from millions of IOST users worldwide.
  • Technical support: IOST will provide developers with fast and complete support for the underlying infrastructure, as well as one-to-one development support from technical experts
  • Business resources: Global blockchain industry business resources, including but not limited to: media, developers, communities, wallets, KOLs, security audits, etc.
  • Exchange listing recommendation letter for the world’s top tier exchanges

Referral reward mechanism

If you are not a developer, you can also participate by introducing DeFi developers or development teams to us. After the successful referral, the recommender can get a referral bonus, and may become a KOL in the IOST community or enjoy more IOST merchandising rewards.