$100k Awarded in the First Fuel Hackathon #BeyondMonolithic

The Beyond Monolithic online Hackathon is now over. Over the course of four days, hackers from all corners teamed up for the first time to build dapps on the fastest modular execution layer with Sway, a refined and expressive smart contract language.

Three weeks ago, we announced our first online hackathon with up to $100,000 in prizes. In total, over 70 hackers worldwide registered to experience Sway for 4 days starting May 27, 2022. The goal was to build dapps, tooling, infrastructure, and more.

Winners

NuclearSwap: Stablecoin AMM

Description: Nuclear Swap is an AMM that builds on the StableSwap invariant and provides a superior AMM experience for market participants that would like to swap pegged assets. As of now, NuclearSwap provides swaps, deposits, withdrawals, and adding and removing liquidity.

• Prize: $40k awarded
• Submission: https://github.com/mauricewbr/nuclear_swap
• Team: https://github.com/mauricewbr

Kitelife: Multisig Predicate

• Description: A multi-signature predicate that allows cheaper and native multi-signature transactions on Fuel. Multi-signature predicates can be the building block to more complex protocols such as payment channels, and they allow escrow applications and novel oracle designs. Multi-signature predicates are cheaper and more private than their contract-based version as they reveal they are multisig only when spent.
• Prize: $25k awarded
• Submission: https://github.com/recizk/multisig-predicate
• Team: https://github.com/recizk

Fuel Ferret: Oracle

• Description: The Fuel Ferret team built an oracle in Sway. The contract can be initialized to a set of 3 addresses for the oracles, and then anyone can submit a request, which can only be fulfilled by the oracles. Once a quorum is reached, a value is stored for the request ID, which can then be retrieved.
• Prize: $15k awarded
• Submission: https://github.com/Ferret-san/fuel-oracle
• Team: https://github.com/Ferret-san

Notable Submissions

FRC721: NFT Token Contract on Fuel

• Description: A non-fungible token (NFT) contract design based upon OpenZeppelin's design.
• Prize: $5k awarded
• Submission: https://github.com/SwayStar123/FRC721/tree/master
• Team: https://github.com/SwayStar123

Emacs Plugin

• Description: An Emacs plugin for the Sway language.
• Prize: $5k awarded
• Submission: https://github.com/hhamud/sway-mode
• Team: https://github.com/hhamud

Chrome Wallet Extension

• Description: A Chrome wallet extension for Fuel, which currently features basic key management for Fuel keys.
• Prize: $5k awarded
• Submission: https://github.com/00vian/fision-wallet-hackaton-fuel
• Team: https://github.com/00vian

DataBits: DAO Voting

• Description: DataBits is a governance contract. Implements access control, asset transfer, and storage space for a community to choose the best option akin to quadratic voting.
• Prize: $5k awarded
• Submission: https://github.com/Pfed-prog/Fuel_Voting
• Team: https://github.com/Pfed-prog

In conclusion, we are extremely thrilled with the results of the first Beyond Monolithic Hackathon. This marks the beginning of a movement toward modular execution demonstrating that applications from traditional DeFi designs cannot only be constructed but are now exposed to a new reality of high-compute virtual machine potential.

Modularism will allow applications like NuclearSwap to reach more people than ever before with costs remaining low and security retained, even during times of peak usage. This is all thanks to the increase in compute from Fuel and the increase in secure bandwidth from modular blockchains.

Further Notes:

Fuel is hiring application developers to build Sway applications. Please see https://fuel.network/jobs for more details.

Fuel has also started an early grants program, with grants ranging from $50k-$150k, so please find us on Discord to ask for more details.

A special thanks to all those who participated in the #BeyondMonolithic hackathon!