Hackers League: Winter 2024

Apply for the $2M TON Hackathon

By TON Society

What is Hackers League?

Hackers League is an ecosystem-wide competition for founders, developers, and hackers. Featuring:

$2M prize pool
19 IRL bootcamps
partner tracks

Offline Bootcamps

Hackers League Bootcamps are a series of 3-day developers events in 19 cities worldwide in support of the Hackers League Hackathon.

Get ready for the full immersion into the TON ecosystem, featuring workshops, lectures, and fun entertainment activities. Don't miss the opportunity to learn from industry experts, TON representatives, and collaborate with other builders. Each bootcamp will conclude with a wrap-up party to celebrate the experience.

Three top teams at each bootcamp will share a prize pool of $5,000.

Hackathon Schedule

Hackathon registration begins: 12/09/2024
Hackathon building phase: Start 12/09/2024, Finish (Code freeze) 23/11/24
Bootcamps: 11/10/2024 — 17/11/2024
Semi-finalists Selection (Demo Review – Add jury’s Githubs, open source smart contracts by this date to avoid being disqualified): 23/11/2024–5/12/2024
Finalists Selection (Code Review): 5/12/2024 — 15/12/2024
Live Judging Sessions: 16/12/2024 — 17/12/2024
Winners judging: 18 — 19/12/2024
Winners Announcement: 20/12/2024

Hackathon Tracks and Prizes

Total cash prizes for 5 tracks — $485,000

DeFi

$185,000 total for the track

$35,000 + $10,000 Tg ads credits
$25,000 + $10,000 Tg ads credits
$20,000 + $10,000 Tg ads credits
$15,000 + $10,000 Tg ads credits
$15,000 + $10,000 Tg ads credits
$15,000 + $10,000 Tg ads credits
$10,000 + $10,000 Tg ads credits
$10,000 + $10,000 Tg ads credits
$10,000 + $10,000 Tg ads credits
$10,000 + $5,000 Tg ads credits
$5,000
$5,000
$5,000
$5,000

SocialFi & Utility

$75,000 total for the track

$35,000 + 10,000 Tg ads credits
$25,000 + 10,000 Tg ads credits
$15,000 + 10,000 Tg ads credits

GameFi & Onboarding

$75,000 total for the track

$35,000 + 10,000 Tg ads credits
$25,000 + 10,000 Tg ads credits
$15,000 + 10,000 Tg ads credits

On-chain Data Analytics

$75,000 total for the track

$35,000 + $10,000 Telegram ads credits
$25,000 + $10,000 Telegram ads credits
$15,000 + $5,000 Telegram ads credits

Interoperability

$75,000 total for the track

$35,000 + 10,000 Tg ads credits
$25,000 + 10,000 Tg ads credits
$15,000 + 10,000 Tg ads credits

TON Ventures Investments

Potential investments for top projects from TON Ventures in the size of $500,000. During the summer hackathon, TON Ventures already allocated $500,000 in the hackathon projects.

The Open League Incentives

The Open League Incentives for top projects selected to join in the size of $500,000.

Bootcamps Prize Pool

Join one of the 3-day offline events in 19 cities around the world and compete for $5,000 on the spot. Total prize pool is $85,000.

Additional prizes to be announced.

What exactly should you build?

Read more details about the tracks and prompts for the projects below:

DeFi

Collateralized Debt Position (CDP) / Synthetic Assets. This track focuses on building or enhancing CDP protocols, where users can lock collateral to mint stablecoins or other assets. Projects in this track should explore innovative mechanisms for over/partial collateralization, soft liquidation, and stability, ensuring the secure and decentralized nature of minted assets. Participants can create tools, services, or entire CDP platforms that improve capital efficiency, user experience, and TON utilization.

References and Inspiration:

Yield Farming. This track invites participants to design or optimize yield farming protocols, allowing users to maximize crypto asset returns. Projects can focus on creating innovative farming strategies, boosting liquidity pools, or developing tools that automate and optimize yield generation. Emphasis should be placed on sustainability, security, and user accessibility while leveraging advanced DeFi mechanisms such as auto-compounding and multi-asset farming. Solutions should provide users with higher returns, transparency, and risk management.

References and Inspiration:

Algorithmic Stablecoins. In this track, participants are tasked with designing or improving algorithmic stablecoins—digital currencies that maintain price stability through algorithms and smart contracts rather than traditional collateral. Projects can explore new stabilization mechanisms, peg maintenance strategies, and governance models to ensure resilience against volatility. The goal is to create or enhance algorithmic stablecoins that are scalable, decentralized, and efficient while price volatility and withdrawing liquidity.

References and Inspiration:

Concentrated Liquidity Market Maker. This track challenges participants to build or enhance concentrated liquidity solutions, where liquidity providers can allocate their capital more efficiently within specific price ranges. Projects can focus on developing advanced market-making algorithms, optimizing liquidity pools, or creating tools that allow users to maximize returns while minimizing capital exposure. Please consider that Uni V3 Implementation wouldn’t work on TON because it is impossible to implement CLMM architecture with Ticks.

References and Inspiration:

New DeFi Primitives on TON. This track invites participants to design innovative DeFi primitives that fully exploit the TON blockchain's unique capabilities. Projects may explore new financial instruments, decentralized protocols, or smart contract solutions that enhance the TON ecosystem's functionality, scalability, and sharding. The focus is on building foundational components that can serve as crucial building blocks for the next generation of DeFi on TON.

Cross-Shard Coincidence of Wants (CSCoW) Protocol. Design and implement a CoW swap-like protocol that efficiently matches and executes trades across TON's sharded architecture, leveraging asynchronous messaging to aggregate liquidity, reduce slippage, and optimize capital efficiency.

Asynchronous Periodic Auctions (APA) Protocol. Adapt CBOE's periodic auctions for TON's asynchronous environment to improve liquidity and price discovery.

References and inspiration:

www.cboe.com

Interoperability

Enhance TON blockchain through interoperability solutions.

Develop bridges, cross-chain swaps, and liquidity protocols to connect TON with other networks. Improve TON's TVL and transaction volumes while expanding its use cases. Your contributions can significantly advance TON's multi-chain capabilities.

References & Inspiration:

Cross-Chain Swaps: LayerZero OFT Apps (StarGate, Radiant Capital), THORChain
Cross-Chain Liquidity: Everclear (prev Connext), Multichain
Oracles: Pyth, RedStone

Social&Utiliies

This category is mostly about B2C or B2B2C applications inside Telegram with a clear vision of how to use the social potential of the messenger, onboard web2 audience, achieve virality and retain the user. It includes SocialFi, Utility apps, Community & Brand management tools, E-commerce and other similar subcategories.

Teams applying to this category are encouraged to experiment with:

Leveraging the current Telegram functionality (channels; boosts for channels; giveaways; gated chats and gated content; stories; reactions) and strengthening it through introducing web3 elements.
Combining the functionality of Telegram and other social platforms like TikTok, Instagram, Twitch, Youtube, etc.
Offering new opportunities for communications inside the messenger with the use of blockchain.
Sharing and referral mechanics.
Onboard and engaging entire communities rather than individuals through group mechanics (competitions, squads, challenges, etc).

References and inspirations from The Open League Summer Hackathon finalists:

Requirements & eligibility

Submitting pre-made code is not allowed. All the apps must be built during the hackathon timeframe from scratch, and can not be started earlier than the first public announcements.

In order to be eligible for the prizes, projects must fulfill the following requirements by the submission deadline (23/11/2024):

DeFi: launched on mainnet;
Gaming & Onboarding, Social & Utility: fully launched on TON with on-chain mechanics;
Interoperability: full launch.

Projects submitting for the DeFi, Gaming&Onboarding, or Social&Utility tracks must submit a working Telegram Mini App.