Agoric, the JavaScript-native smart contract platform for a decentralized future, has announced the details of its first three bounties totaling $34,000. The bounties will see DeFi entrepreneurs, the JavaScript community, and native crypto developers build important pieces of infrastructure including a StableSwap-style curve for Agoric’s AMM (Automated Market Maker), port the core Chainlink aggregation contract functions to Agoric codebases, and launch a pool-based loan protocol. The initiative launches today and will continue to release additional bounties over the coming weeks.
The first round of bounties gives developers the opportunity to win rewards of up to $34,000. As a Proof of Stake (PoS) blockchain and JavaScript-native smart contract platform, Agoric offers developers and enterprises a secure, reliable, and interoperable ecosystem for deploying and managing DeFi applications. Agoric’s composable smart contract development environment provides reusable governance, lending, and trading components to propel the creators of the multi-chain DeFi economy.
Read More: i2c Becomes First Company to be a Visa Fintech Fast Track Member in Four Regions
Dean Tribble, CEO and Co-Founder of Agoric, commented, “The first round of developer bounties is designed to build, educate, and reward the early community of Agoric developers who will scale the ecosystem for rapid development of DeFi. Whether you’re an experienced DeFi developer or just getting started, the developer bounties are an opportunity to get your hands on the financial primitives built on top of a Public Layer-1 PoS blockchain. We are giving the next generation of makers the DeFi legos to springboard their innovations and begin reaping the rewards of their labor. The scale of the DeFi opportunity is only starting to become clear and now is the perfect time to ramp up your participation on the Agoric network.”
Read More: Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights
Agoric is helmed by a number of pioneers in the development of smart contracts, including CEO Dean Tribble, a former Principal Architect at Microsoft, and CTO Mark S. Miller, a Google Research Scientist and a major contributor to JavaScript including strict-mode, Promises, WeakMaps, Weak references, classes, Proxies, Object, freeze, tagged template literals, and more. These Developer Bounties offer DeFi developers an incentivized entry point to a platform built by computer scientists that have devoted their careers to laying the foundations for safer distributed computing.
Read More: Bakkt Expands Reach of the Digital Wallet Experience to Send Digital Assets to Anyone
