Description

Build and demonstrate a user friendly pathway to bridge Terra's UST to Agoric over IBC and collateralize a RUN-UST pool on the Agoric AMM

Context

This challenge will catalyze cross chain interaction between the Agoric and Terra stable currencies. To gain adoption across the interchain, both currencies need to have deep liquidity on multiple chains. When Agoric is in production, the RUN-UST pools on each chain are likely to be incentivized.

A primary goal of this challenge is to clearly demonstrate the cross-chain IBC transmission of the asset in question and the collateralization of it in the native AMM on the destination chain. Any issues found in the process should be communicated as part of the submission process. Hackathon bounty may be extended depending on engagement.

Submission Requirements

Submissions must include the following:

• Demo video walking through the interaction
• Code in a public github repo
• Must be open source.

Applicant Assessment Criteria

Important: Please provide a clear workplan for how you will approach this bounty. Use the work plan as an initial demonstration that you would be a good candidate. Bounties will require coordination with the Agoric team, so unfortunately only plans submitted in English will be considered.

Applicants will be assessed based on the following criteria:

• Issue-specific domain experience
• Issue-specific technical capability
• Familiarity with Agoric's platform
• JavaScript experience
• Availability and communication

Payment Details

Payment will be made in USD (fiat currency) via wire transfer (not Paypal as listed). The developer is responsible for providing their completed tax documents (W9 for US based developers and/or W8 or W8-BEN-E for non-US based developers) and providing their banking details in order to receive payment.

Review Process

• Agoric team reviews your submitted workplan on Gitcoin It is best to join our Discord and post your gitcoin name in the bounties channel, so that we can follow up with you. Otherwise, we will write on your gitcoin profile wall and say hello!
• Agoric contacts you to provide reference projects / sample code for engineering review
• Introductory call to discuss your plans and expected timeline
• You join the Agoric Discord bounties channel (if you haven’t done so already)
• Agoric accepts you on Gitcoin and you get started!

References

• Agoric’s documentation: https://agoric.com/documentation/getting-started/
• Terra’s documentation https://docs.terra.money/
• #dev channel on Agoric Discord for questions!