Switchboard is sponsoring the Solana Riptide hackathon with $30k in prizes for the top 3 teams that best integrate Switchboard. Less than a year ago Switchboard was founded after a hackathon submission and we are grateful for the opportunity to pay it back to the developer community.
Switchboard v2 allows for permission-less feeds — bring any public data point on-chain using a network of independent oracle operators. Switchboard recently released V2 of its Verifiable Randomness Function (VRF), which allows developers to request a verifiable random value, with proof verification entirely on-chain. Verifiable randomness brings new use cases to Solana and allows developers to provide open, verifiable lotteries in their on-chain programs.
Switchboard will be offering the following prizes:
First Prize ($15k): Best integration of Switchboard v2
Second Prize ($10k): Best use of Switchboard VRF
Third Prize ($5k): Most interesting integration of Switchboard
Lease alerts: Switchboard V2 aggregators rely on a lease account to fund oracles for completing an update request. Some form of email/discord/telegram alerting system could be useful for developers.
Constant Function Market Maker — https://medium.com/bollinger-investment-group/constant-function-market-makers-defis-zero-to-one-innovation-968f77022159
Weather Microinsurance — Utilize Switchboard’s permission-less feeds to publish weather data and allow on-chain settlement based on some predefined conditions.