Hello Kyber community, we’re heading to the USA! We’re happy to be one of the sponsors for ETHDenver, one of the largest Ethereum hackathons, held from 14–16 Feb in Denver, Colorado!

We are looking forward to working with over 2,000 developers, enthusiasts, thought leaders, entrepreneurs, and professionals to #BUIDL the decentralized future together and participate in the world’s first large scale event DAO (decentralized autonomous organization), all on top of Ethereum.

Kyber Network is currently the most used DeFi protocol and has processed over USD 500 million worth of trades fully on-chain since our launch. InstaDApp, Set Protocol, Fulcrum, DeFiSaver, and Nuo Network, among the most popular DeFi platforms today, are all powered by Kyber.

What is Kyber and what can it be used for?

Kyber is a fully on-chain liquidity protocol that allows decentralized token swaps to be integrated into wallets, applications, and platforms. There are 4 major areas where developers are using the protocol (we are excited for you to discover other areas and tell us more!).

Many interesting use cases can be built with Kyber! As always, we are excited to see what kind of innovative projects will emerge from the ETHDenver hackathon this year.

ETHDenver Bounties — $5000 in prizes!

Category 1: Themed Bounties

a) $1500 — “Watercooler” Instant APR (Automated Price Reserve) deployer: Easy way for people to contribute liquidity

b) $1000 — Profit/Loss Tracker for Reserves

c) $1000 — APR Liquidity metrics dashboard and simulator

Category 2: Open Category Prizes

$500 — Open #DeFi Bounty x3

Category 1: Themed Bounties

We want an easier way for mainstream users to contribute liquidity. Our current APR (Automated Price Reserve) deployment requires multiple steps and contract deployments. Write a smart contract that minimizes the amount of steps required.

For example, a user wishing to create an APR supporting an already listed token on Kyber can do so by just sending 2x the ETH inventory, together with the desired permission and liquidity param settings. The factory contract will automatically convert half the amount to the requested token and deploy the reserve and pricing contracts with the input settings from the user.

Prize pool: $1500 USD

Design and implement a fancy tracker UI for our Automated Price Reserves (APRs), showing the profit and loss margins since the start of their deployment. It should monitor the ETH and token balances of each reserve, calculate their current USD value, and compare it with the initial USD value of the initial amounts deposited.

Prize Pool: $1000 USD

Our APR allows for different initial configurations. When onboarding new token listings, a FAQ we get is how prices adjust for a given amount of inventory and price range. Create a simulator that allows users to input initial parameters, and outputs statistics (Eg. slippage, price adjustments against inventory, etc.) and other relevant liquidity metrics of interest.

Prize pool: $1000 USD

Category 2

Open #DeFi Bounty: $500 x 3 teams

Build a DApp that utilizes Kyber natively for token swaps, payments, liquidity, or DeFi! The integration can be done via a smart contract, web3, RESTful APIs, or the KyberWidget.

Prize Pool: $500 USD x 3 teams

Get inspired

Many interesting use cases can be built with Kyber! Refer to our previous recaps of #KyberDeFi Online Hackathon, ETHBerlin, ETHIndia, ETHSingapore and ETHSanFrancisco, to get inspired by all the exciting applications possible. As always, we are excited to see what kind of innovative projects will emerge from the ETHDenver hackathon this year.

Get started by visiting our developer portal and check out this intro to Kyber’s Workshop Repo:

Other resources: Developer Portal | Developer chat | KyberWidget Generator

ETHDenver DAO Game

Kyber will also be participating in the ETHDenver DAO. Kyber is really excited about this opportunity to take part in ETHDenver’s gamifed ecosystem on DAOstack and deepen attendee engagement with our builders!

We have created some missions with rewards for you to learn about Kyber and build with us! The XP you earn in these missions are your reputation in the ETHDEnver DAO. Get to win some ETH too!