Earn Bounties & BUIDL With Acala at ETHDenver 2022
Acala is thrilled to return to ETHDenver for an EVM+ workshop during the conference’s much-anticipated #BUIDLWeek. Come meet the team, earn up to $5000 in prizes, and check out the workshop in person and online on Feb 15, 2022.
Meet Acala, Your Gateway to Polkadot Liquidity
Acala is a layer-1 smart contract platform that’s scalable, Ethereum-compatible, and optimized for DeFi with built-in liquidity and ready-made financial applications. With its decentralized stablecoin (aUSD), trustless exchange, DOT Liquid Staking (LDOT), and a custom EVM+, Acala lets developers access the best of Ethereum with the full power of Substrate.
A Novel Framework for Web3
Substrate is the modular framework for building blockchains. It’s the architectural foundation of the Polkadot ecosystem, and by extension Acala.
As a self-sovereign blockchain that’s connected to Polkadot’s Relay Chain, Acala leverages Substrate to customize its layer-1 for DeFi at the blockchain level. This allows for the Acala ecosystem to offer dApp-friendly features like Bring Your Own Gas (a way for users to pay transaction fees in any tokens) and upgradability to keep your project future-proof. As one potential path for development, Substrate modules can be created to build new DApps and functionality into Acala’s blockchain.
But when it comes to Ethereum developers, Acala’s EVM+ delivers exciting new capabilities for Buidlers.
Discover the + in Acala’s EVM+
Thanks to its custom EVM+, devs can utilize familiar Ethereum toolsets like Metamask, Truffle, and Waffle while leveraging a suite of apps that let users trade, issue self-serviced loans, become liquidity providers, and earn high-interest APY on their digital assets. It’s essentially your ticket to programmable Polkadot assets.
What’s more, the EVM+ offers custom chain-level features like Scheduler, an Ethereum-compatible, smart-contract platform that not only enables deployment of Solidity builds with familiar toolsets (Metamask, Truffle, Waffle), but also delivers chain-level features unique to Substrate: including customizable economy policy; flexible fees, which allow users to pay transaction fees with any of the supported tokens; on-chain auto scheduler (e.g. Keepers); native cross-chain capabilities; an on-chain governance apparatus; and full-upgradability (without contract migrations).
Join the EVM+ Workshop in-person & online during ETHDenver’s #BUIDLWeek
Beyond EVM: Building Sustainable dApps & L1 Networks With Acala
Date/Time: Tuesday, Feb 15, 2022, 3:00pm — 5:00pm MST
Location: Mirus Loft, 1134 Broadway (2nd Floor), Denver CO, 80203
In this workshop, you’ll utilize familiar toolsets to deploy leading Ethereum DEX contracts while leveraging programmable DOT assets and cost-effective calls to Acala’s native DEX, Acala Swap. Meet the team, pick up some Acala swag, and try for bounty rewards with our hands-on tutorial:
Bounty 1
- Objective: Deploy a DApp on Polkadot using Acala EVM+
- Reward: $1000
Bounty 2
- Objective: Deploy a DApp on Acala EVM+ that integrates with Acala’s decentralized stablecoin, aUSD
- Reward: $4000
Judging Criteria
- Strength of aUSD stablecoin use case (25%) — Includes how much utility and demand the DApp creates for aUSD.
- Originality, Creativity, and Innovation (25%) — Includes how new and novel the submission is versus existing technologies.
- Technical Difficulty (25%) — Includes the level of skill or knowledge required to build the DApp.
- User Experience (25%) — Includes how intuitive and understandable the submission is for potential users.
Submission Requirements
Include in your submission’s README.md file:
- Submission title
- Submission description
- If submitting for Bounty #2, description of how theaUSD stablecoin is integrated
- Include a link to your repo with the DApp’s code along with any other relevant files or instructions for our judges
👉 Submit your Bounty here!
Register to Attend
To register for the event, sign up at here!
We’re excited to meet you and walk you through Acala EVM+.
About Acala
Acala is an Ethereum-compatible smart contract platform optimized for DeFi and scaling DApps to Polkadot. The blockchain has built-in DeFi protocols for application developers to leverage, including a decentralized stablecoin (Acala Dollar — aUSD), a trustless staking derivatives (liquid DOT — LDOT), and a decentralized exchange.
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