Sögur & Gitcoin Bug Bounty & Hackathon

Detailed information 

What is SGR?

SGR by Sögur - previously known as Saga // SGA - is a digital coin built to provide a self-sustaining, democratic and global currency. It is modelled to incorporate the volatility crypto markets seek, while also using stabilisation mechanisms to temper volatility risk when market conditions are fast-changing and unpredictable. 

SGR’s unique features:

• A bonding curve protocol exposes SGR holders to carefully modelled volatility - using stabilisation mechanisms to temper risk in fast-changing and unpredictable market conditions, while creating an opportunity for sustainable intrinsic value growth.
• A model where early adoption is incentivised as the ecosystem grows, thanks to the bonding curve model.

• SGR is backed by a reserve configured to match the IMF’s basket of currencies. Funds are kept in a variable reserve composed of world-leading fiat currencies held in reputable banks. The reserve ensures holders can always sell and redeem SGR. As such, the contract will always offer to buy back SGR, drawing on funds from the reserve.

• A democratic governance model built on the premise that the SGR project belongs to the currency holders, allowing holders to vote and partake in decision making as well as elect the leadership of Sögur.
• A team of experienced entrepreneurs, financial professionals, technology experts, economists and academic researchers, all working towards delivering a truly democratic, global, digital currency.

Advanced reading:

• We recommend you to take a deeper look and explore more about our monetary model here.
• Our views on stable coins and why we are different here and here. 
• Our approach to governance here and here.

You can participate in

1. Stake SGR As Collateral To Borrow A Stablecoin
   Prize Bounty: 1000 SGR

2. Leverage Chainlink's XDR/ETH Oracle
   Prize Bounty: 200 SGR to the best submission + a tip of up to extra 300SGR according to the complexity of the submission

3. Content Creation: Sögur’s Monetary Model
   Prize Bounty: 300 SGR to the best submission + 50 SGR to the next top 5

4. Content Creation: Why Sögur? Video/Infographic
   Prize bounty: 300 SGR to the best submission + 50 SGR to the next top 5

5. Content Writing: SGR Vs. Stablecoins Top 5 Differentiators
   Prize bounty: 150 SGR to the best submission + 40 SGR to the next top 5

6. Explain Sögur's Fair Launch With SGN Vesting Tied To On-Chain SGR Milestones
   Prize Bounty: 250 SGR to the best submission + 50 SGR to next top 5

7. Sögur's Smart Contract System - Bug Bounty
   Prize Bounty: Up to 50,000$ (in SGR)

8. Price Monitoring Widget
   Prize Bounty: 250 SGR for the best submission

9. Arbitrage Profit By Transacting In Both Uniswap And Sogur’s Smart Contract
   Prize Bounty: 300 SGR

10. SGR Price Simulator
    Prize Bounty: 150 SGR for the best submission

11. Content Writing - Introduction To Sögur
    Prize Bounty: 200 SGR to the best submission + 50 SGR to the next top 5
     

Rewards can be increased up to 100% of the original fund.

How it works?

1. Check out the Prizes
   Visit the Prize Explorer to check out the prizes posted by our hackathon sponsors. Click each prize to show important details, including the submission requirements, submission deadline, etc.
2. Join the Hackathons Chat Workspace
   Chat with other hackers, ask sponsors and the Gitcoin team questions, find or create a team, and communicate real-time. 
   Click here to join.
3. Start Work via Gitcoin
   When your team is formed please have one of your teammates navigate to each prize page you plan to compete for and click the “Start Work” button.
4. Build
   Build your cool ideas and make your vision come true with your team.
5. Submit Work via Gitcoin
   When your project is completed, submit your work by clicking the “Submit Work” button on the prize page.

Links:

• Website
• Twitter
• Telegram
• YouTube
• Facebook
• LinkedIn
• GitHub 
• Medium