A recent Solana hackathon generated unique ideas leveraging the blockchain’s architecture.
Solana and Serum announced the winners of a recent two-week hackathon focusing on building decentralized finance projects on the Solana blockchain. A total of nine projects were eligible for the hackathon’s official prize pool, with an additional project winning a community prize.The winning projects are primarily new DeFi protocols, though some infrastructure and tooling solutions also made the cut.The two first-place winners, Mango Markets and PsyOptions, won $50,000 in USDC-SPL, Solana’s bridged wrapper for USD Coin (USDC). Both projects focus on creating new trading platforms on the Solana blockchain, with Mango Markets building a margin trading and derivatives platform with fully on-chain order books. PsyOptions is building an American options platform that allows exercising options at any point before expiry. Most popular cry
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