We at Moralis are thrilled to welcome Yield Yak as an official partner to the Moralis Avalanche Hackathon!
Yield Yak Joins Moralis Avalanche Hackathon as Official Partner
We are happy to formally announce that Yield Yak is an official partner to the Moralis Avalanche Hackathon! Yield Yak is now joining the growing list of partners for the ongoing Moralis Avalanche Hackathon.
”We are thrilled to have Yield Yak along for the ride for the Moralis Avalanche Hackathon. This partnership is a great validator for the entire hackathon, as Yield Yak is an integral part of the Avalanche ecosystem. Let’s build!” said Ivan on Tech, Co-Founder of Moralis.
The Moralis Avalanche Hackathon is running from the 6th of December, 2021, to the 31st of January, 2022. Anyone interested is free to join the hackathon at any time during this period. What’s more, the current total prize pool for the Moralis Avalanche Hackathon is at $500,000! Just the top three prizes for the hackathon, for which the participants only have to build using Avalanche and Moralis, amount to a total prize pool of $175,000.
Be sure to sign up for the Moralis Avalanche Hackathon as soon as possible. That will give participants the most time to create the dApps of their dreams. Good luck, and be sure to check out Yield Yak’s prize pools for the hackathon!
Yield Yak Prize Pool
What’s more, Yield Yak is contributing to the hackathon with their own prize pool. In fact, Yield Yak is offering three different bounties. For example, Yield Yak is offering a $20,000 prize for the ”Best Front-End Integration for Yield Yak”. In addition to this, Yield Yak is also offering another $20,000 prize for the ”Best Overall Custom Router for Yield Yak Swap (DEX Aggregator)”.
In addition to these, Yield Yak is also offering a third, grand bounty. Specifically, Yield Yak is offering two prizes in this category, and is giving a total of $40,000 to the two ”Best Use or Innovation of Yield Yak’s Interest-Bearing Assets”, with the prizes being worth $20,000 apiece. As such, you should make sure to check out Yield Yak’s prizes when thinking about what project to create for the hackathon!
About Yield Yak
Yield Yak is a comprehensive DeFi protocol on Avalanche. Specifically, Yield Yak focuses on optimizing yields within the Avalanche ecosystem. For example, the Yield Yak suite of products includes various core products, such as a yield optimizer, DEX aggregator, and auto-compounder. Yield Yak is community-driven and one of the definitive protocols on Avalanche.
What’s more, Yield Yak offers the YAK token, and Yield Yak support numerous auto-compounding platforms. What’s more, Yield Yak’s mechanism for compounding is managed by the community and does not rely on any centralized call or team intervention.
Moralis is the go-to development platform for Web3 projects. Specifically, Moralis allows developers to cut an average of 87% of the time it traditionally takes to develop their dApps, DeFi projects or Web3 apps. Moralis is able to speed up the development process so dramatically by offering access to its plug-and-play blockchain backend infrastructure.
Specifically, Moralis’ blockchain backend infrastructure is fully managed, and infinitely scalable. What’s more, it’s built to be cross-chain compatible from the ground up. As such, it has never been easier to create cross-chain dApps! What’s more, users can easily connect to Polygon nodes, build with BEP20 tokens, create their own NFT marketplace, and of course, build Avalanche dApps. Be sure to check out Moralis today!