Harmony announces $1M hackathon aimed at merging traditional finance and DeFi
The hackathon will run for roughly six weeks from Aug. 15 to Sept. 30 and include four challenges from three different categories. The Harmony blockchain has opened registration for a hackathon starting next month with more than $1 million in seed funding and prizes for participants.In a Thursday announcement on Twitter, Harmony said the hackathon would be focused on bringing in more people from traditional finance for challenges bridging their fields and decentralized finance. The protocol said there would be four challenges in each category of social wallets and keyless security,....
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According to the information available, Harmony Hackathon will last for six weeks. The Hackathon will commence on August 15, 2021, and ends on September 30, 2021. Related Reading | Ether EFT Gets Approval From Brazilian Securities Regulator There will be three categories, and each one will have four challenges for the experts to complete. 🚀 1/ We are happy to announce the Bridging #TradFi to #DeFi #hackathon where Harmony, along with prize partners, will be giving up to $1,000,000 in prize money and non-dilutive seed funding. Why are we doing this?https://t.co/qeq6U9M0LV....
Another decentralized finance (DeFi) protocol has fallen prey to an exploit. The Harmony protocol had been gaining popularity among DeFi users over the last year as the DeFi space bloomed. But it has now suffered the same fate as many protocols in the space. On Friday, the protocol announced that it has been the victim […]
“We believe this partnership with Sushi is just the beginning of bringing millions of people into decentralized finance,” said Harmony founder Stephen Tse. As the Harmony blockchain approaches the two-year anniversary of its mainnet launch, decentralized exchange SushiSwap will be deploying Sushi products related to rewards and yield farming. In a Thursday announcement from Sushi, the project said it would be partnering with Harmony to introduce liquidity mining rewards for Sushi, rewards for Kashi borrowing and lending, Sushi-specific hackathon challenges, and other products. In Harmony’s....
Decentralized finance (DeFi) protocol VenomDAO has announced the launch of its latest product, Comfy Money. VenomDAO, which has been accelerating DeFi adoption on the Harmony ecosystem, introduced the product to add more use cases to the network. Comfy Money allows projects on the Harmony ecosystem to easily access liquidity in a secure environment. Comfy Money’s […]
Since deploying natively on Harmony’s blockchain in May, Sushi is now deepening its collaboration with Harmony after revealing plans to bring its full decentralized finance (defi) product stack onto the blockchain with accompanying incentives designed to drive greater participation. Meanwhile, decentralized exchange (dex) competition continues to swell. Partnership Expansion Accompanies $4 Million in Incentive Campaigns On Thursday, Harmony, a proof-of-stake (PoS) blockchain network focused on cross-chain transactability, unveiled a decision to broaden the partnership agreement with....