Fluidity Money tokens (Fluid Assets) are a 1-to-1 wrapped asset that exposes holders to randomly paid large dividend rewards. Dividends are paid out according to a drawing mechanism held on each transaction of their Fluid Assets. Dividends are generated by the cumulative yield created by every principal token deposited and lent on money markets.
After a successful launch on the Ethereum Testnet Fluidity is ready to go live on Solana Devnet.
Fluidity works by wrapping assets such as USDC into a “Fluid form”. 1 USDC gives you 1 ƒUSDC. It takes the principal and earns yield on it using Solend Protocol, which is distributed to the users of Fluid Assets.
Fluidity is sponsoring a bounty to help users - both those new to crypto and those new to Solana - better understand how Fluidity works & its use cases. The winning submission will put Fluidity in context, show how to use their platform, and adhere to our deep dive essay guidelines.
You can access the app on devnet: https://app.solana.beta.fluidity.money/ ( Switching to Devnet)
Become an expert on Fluidity and summarize your findings in a written essay. Provide a detailed breakdown of Fluidity and its general value by studying its documentation and the app.
You're welcome to write this review individually or in teams of 2. Bounties will be split among team members.
Become an expert on Fluidity and summarize your findings in a written essay. Provide a detailed breakdown of Fluidity and its general value by studying its documentation and the app.
You're welcome to write this review individually or in teams of 2. Bounties will be split among team members.
For any questions, DM [@Abbasshaikh42] (https://twitter.com/Abbasshaikh42)on Twitter or @abbas in our Discord
Depth
Writing Style
Submission Requrements
Check out previous bounty winners to get a sense of the quality we expect.
For any questions, DM [@Abbasshaikh42] (https://twitter.com/Abbasshaikh42)on Twitter or @abbas in our Discord
Participation in this bounty is entirely voluntary. Bounties are a way to learn and dabble in opportunities to build in web3. These are neither full time jobs nor project based engagement. Please be advised that the sponsors will not have time for individualised feedback due to the number of entries we receive.
