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On this page
  • DeFi
  • Infrastructure
  • GameFi and NFT
  • Roadmap
  • Participation rules
  • Basic criteria and project requirements
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  1. CrossFi Evolution Hackathons

Hackaton # 1 - Boost XFI utility

PreviousCrossFi Evolution HackathonsNextWorkshops Roadmap & Timeline

Last updated 8 months ago

Boost XFI utility - is the first online event in scope of CEH, we’re inviting everyone to participate in the shift of financial paradigm and evolve together with the CrossFi team and our partners.

  • Total prize pool of $ 300 000 (in MPX coins)

  • 3 main categories for integration with CrossFi Chain.

DeFi

At the moment DeFi protocols are dominating the cryptocurrency market, they’re the main driver for blockchain technologies development. These protocols cause the significant increase in total value locked (TVL), which is one of the crucial criteria for evaluating a specific blockchain and its’ native coin. The DeFi sector plays a huge role in increasing the value and liquidity of XFI. In order to participate in this category we’re suggesting the following directions:

  • Lending and borrowing protocols

  • Automated Market Makers (АММ)

  • Market forecasting

  • Collateralized Debt Positions (CDP)

  • Liquid Staking Derivatives (LSD)

  • Yield aggregators

  • Insurance

Prize pool $150,000 in coins:

  • 1st place: $50 000

  • 2nd place: $35 000

  • 3rd place: $20 000

  • 4-8th places: $9 000

Infrastructure

Infrastructure sector is essential for implementing and scaling the blockchain, it significantly impacts the native coin’s liquidity. The more convenient and understandable tools are developed, the more users and developers will be attracted to CrossFi Chain. In order to participate in this category we’re suggesting the following directions:

  • Cross-chain communications

  • API

  • Indexers

  • Wallets

  • Super Nodes

  • MEV (maximal extractable value) Protection

Prize pool of $ 90 000:

  • 1st place: $30 000

  • 2nd place: $21 000

  • 3rd place: $12 000

  • 4-8th places: $5 400

GameFi and NFT

GameFi market is considered to be the next step in games development and their monetization. NFT became a unique phenomenon and is now in a revival stage, through the integration into game mechanics. GameFi and NFT are a proper catalyst to increase both TVL and the quantity of transactions performed, which in turn provide a great push to reinforce the XFI coin’s position. In order to participate in this category we’re suggesting the following directions:

  • Games (play 2 earn, tap 2 earn, NFT game content)

  • NFT marketplace

Prize pool of $ 60 000:

  • 1st place: $30 000

  • 2nd place: $20 000

  • 3rd place: $10 000

Roadmap

Participation rules

Overall we are not setting any limitations, there’s only one main rule for you to become a Boost XFI utility participant:

  • All the application fields should be filled to the fullest, and all the information in it needs to be credible and verifiable.

Basic criteria and project requirements

  • The team and their experience

  • A website and its’ quality (content, visual)

  • Marketing documentation

  • Technical documentation

  • XFI implementation

  • The project must be deployed on CrossFi Chain test network

  • All solutions must be open source

  • Minimum viable product - MVP

Grant program

As we stated earlier, we are not setting any strict conditions for Boost XFI utility participation, as we believe this will help many developers to make their first step towards productive and mutually beneficial cooperation with the Cross Finance team. Besides the prize places, every participant can also get involved in a developer grant program for the specified directions. We will certainly contact the teams, who will display true interest and talent during the Boost XFI utility.

Tools

Documentations

Apply Here
MPX
Test XFI Console
Test XFI Scan
Gitbook
Github