Distributed Validator-Oracle Contest

Distributed Validator-Oracle Contest

DeFi Sungovernance members have launched a Distributed Validator-Oracle Contest.

Decentralized oracles are third-party providers that act as a bridge between data from the Internet and smart contracts. They take data from the outside world, convert it into a language understandable to blockchains and transmit it into a smart contract. In other words, they link the data off-chain and on-chain.

The task for the contestants

Contestants have to implement a distributed Oracle validator as described in the document "NOT a TON Binary System”. This document is the work of Mitja Goroshevsky and Andrei Lyashin - winners of the contest for the development of the concept and design of the stablecoin Free TON. Moreover, participants should provide a testing system that takes the TON/USD price stream from an external source and send the system to a smart contract, which should be written using the Solidity and C++ programming languages.

Prize pool of the competition: 245.000 TON Crystal, ~ $90.650 at the moment of writing this article

Prize for the 1 place is  100.000 TON Crystal, ~ $37.000 at the moment of writing this article.

Submission deadline

It is necessary to submit all of the applications until the 8th of July, 2021, 23:59 (UTC).

You can submit your application here.

Do not miss the opportunity to contribute to the development of the community and receive an award. Subscribe to our channel to follow up on current contests.

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