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.
Prizes
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
Project Ideas
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.
Getting Started
You can find some resources below to help you get started building with Switchboard. Don’t hesitate to reach out to the team on Discord, Telegram, or Twitter for help.