Punk x Aave Yield Strategy

[0xJohnnySilverhand]

Punk x Aave Yield Strategy

Prize Bounty

🏆 400 PUNK (~$4,000USD)

Challenge Description

Punk Protocol aims to liberate people from the outdated pension system and empower their financial freedom. Our first product is the world's first decentralized annuity a.k.a "Saver", which is generating periodic cash flows using optimal yield strategies.

Anyone can invest through the Saver to earn automated cash flows periodically by setting custom conditions - i) When do you want to start receiving, ii) How regularly do you want to receive, iii) How many times do you want to receive.

For this Hackathon, you’re invited to build and code the safest and most profitable yield strategy utilizing Aave protocol.

• Yield Strategy is a smart contract model, which operates to maximize the profits of the user's investments.
• The Saver Forge contract will invest the user's investment automatically according to the yield strategy you've submitted.
• You must only code the yield strategy utilizing Aave protocol.

Submission Requirements

• The Tokens used in this strategy must be listed on Aave protocol.
• Your project must use an open-source license.
• Your project must implement the "ModelInterface.sol" and "ModelStorage.sol" for Model.
• The functionality of "Model.sol" must unconditionally conform to what is specified in the "ModelInterface.sol" file comments on Github.
• The files to be coded should be located under /models.
• There are 2 files that need to be inherited in total.
• You need to code it by inheriting the file located here "/ModelStorage.sol" and "/interfaces/ModelStorage.sol"
• You need to deploy a new mocked/demo version of YOUR-CODED-YIELD-STRATEGY on Kovan network so we can test your strategy.
• The new strategy should work with the protocols currently running, and the specific mechanism should be specified.
• You can check the Kovan addresses for Aave’s aTokens documentation here and contracts here.

Reference link

Punk Protocol Github Page (https://github.com/PunkFinance)

Example: Punk Protocol-Compound Model (https://github.com/PunkFinance/punk.protocol/blob/master/contracts/models/CompoundModel.sol)

Judging Criteria

• Stability of strategy
• Profitability of the strategy
• Possibility of implementation with smart contract

Winner Announcement Date

July 21th on Punk protocol's official Discord (👾︲hackathon)

Resources

Website(https://punk.finance/)
Github(https://github.com/PunkFinance)
Docs (https://docs.punk.finance/)
Discord(https://discord.com/invite/punk)

[gitcoinbot]

Issue Status: 1. Open 2. Started 3. Submitted 4. Done

---

This issue now has a funding of 400.0 PUNK (4000.0 USD @ $10.0/PUNK) attached to it.

• If you would like to work on this issue you can 'start work' on the Gitcoin Issue Details page.
• Want to chip in? Add your own contribution here.
• Questions? Checkout Gitcoin Help or the Gitcoin's Discord
• $1,956,807.50 more funded OSS Work available on the Gitcoin Issue Explorer

[gitcoinbot]

Issue Status: 1. Open 2. Started 3. Submitted 4. Done

---

Work has been started.

These users each claimed they can complete the work by 11 hours from now.
Please review their action plans below:

1) sunnyrk has started work.

I will work around it
2) andreihrs has started work.

Implement a leveraged borrowing strategy for Aave
3) 0xb0x has started work.

strategy to earn yield on aave.

Learn more on the Gitcoin Issue Details page.

[gitcoinbot]

Issue Status: 1. Open 2. Started 3. Submitted 4. Done

---

Work for 400.0 PUNK (4000.00 USD @ $10.0/PUNK) has been submitted by:

---

• Learn more on the Gitcoin Issue Details page
• Want to chip in? Add your own contribution here.
• Questions? Checkout Gitcoin Help or the Gitcoin's Discord
• $1,981,893.06 more funded OSS Work available on the Gitcoin Issue Explorer

[gitcoinbot]

Issue Status: 1. Open 2. Started 3. Submitted 4. Done

---

Work for 400.0 PUNK (4000.00 USD @ $10.0/PUNK) has been submitted by:

1. @0xb0x

@0xJohnnySilverhand please take a look at the submitted work:

• PR by @0xb0x

---

• Learn more on the Gitcoin Issue Details page
• Want to chip in? Add your own contribution here.
• Questions? Checkout Gitcoin Help or the Gitcoin's Discord
• $1,993,130.83 more funded OSS Work available on the Gitcoin Issue Explorer