THELOGICALINDIAN - HackMoney Hackathon a 30day basic Aave hackathon organized by Ethereum developer accumulation ETHGlobal has appear its three acceptable projectsLearnEarn a gamified online acquirements belvedere YieldHero a apartment for managing Aave and MagicBet a noloss action belvedere that enables users to pale DAI
Hacking Lending and Money Maker Protocol Aave
Organized by ETHGlobal, an alignment focused on onboarding users and developers to the Ethereum community, the HackMoney Hackathon has admiring over 50 projects that competed for $300,000 account of prizes by hacking the Aave protocol.
The money maker agreement was activated in avant-garde ways, alignment from online apprenticeship to one-stop suites for managing absorption and yields. Judges Vitalik Buterin, Stani Kulechov, Andreas Antonopolous, Thomas Bertani, Ashleigh Schap, and Robert Leshner appear the three acceptable hacks—Learn&Earn, YieldHero, and MagicBet.
According to HackMoney’s announcement, Learn&Earn placed aboriginal with its atypical access to online learning. The belvedere gamifies the acquirements action and gives its acceptance the adeptness to acquire banking incentives for commutual assorted online courses. Out of all the submissions, the aggregation said that his drudge has “real-world applications” and the abeyant to calibration in the accessible sector.
Innovative Ethereum Products
The additional abode in HackMoney’s hackathon was awarded to YieldHero, a agreement that provides users a one-stop apartment for managing their Aave yield. Aave enables users to drop cryptocurrencies to the belvedere and acquire annual absorption on their funds. The drudge activated several appearance to accredit users to get the best crop by swapping their cryptocurrencies for aTokens, Aave’s built-in cryptocurrency.
It additionally has a user interface that allows users to alter their absorption to abutment Ethereum developers. A congenital leaderboard additionally shows which user is redirecting best of their yield.
MagicBet, which ranked third on the hackathon, activated Aave’s crop capabilities for betting. The no-loss action belvedere enables users to bet on real-life approaching contest by staking DAI.
All of the staked DAI accrues absorption for the user via Aave until the accident occurs and the aftereffect is known. Users that predicted the aftereffect accurately get a allotment of the absolute accumulated interest, while all of the users who absent the bets get all of their stakes back.
