Dai Bounty Program for Sisyphus
Today we're excited to announce that a DAI bounty has been created to battle test the blockchain game, Sisyphus. Bounty programs are a popular way for blockchain developers to create incentives for users to strengthen dApps by testing features, finding flaws or simply figuring out how to use the dApp.
There are 3 ways to earn Dai: Play Sisyphus for 50 Dai, spread word of this bounty program on social media for 20 Dai or write a compelling article/create a great youtube video on either Behodler, WeiDai or Sisyphus that reaches a decently sized audience for at least 50 Dai. If the article/video is outstanding or generates a viral buzz, a significantly larger prize will be considered.
To find out how to claim each of the bounties, read on.
1. Just Play Sisyphus (50 Dai)
The next 10 wallet addresses that play Sisyphus will each be sent 50 Dai! No questions asked. You'll need a metamask wallet and a positive balance of at least one of the following Ethereum tokens:
Dai, Bat, Loom, PNK, Ether, WeiDai, Scarcity, LINK, OXT, MKR and WBTC
In addition to receiving 50 Dai, the Sisyphus smart contract is programmed to award the very first player to take up this bounty challenge with 1000000000000 Scarcity as an incentive.
How do you play?
Head over to Sisyphus. As you'll see, Sisyphus is a dApp built on top of the Behodler Liquidity Protocol (aka an algorithmic DEX), which itself is part of the WeiDai ecosystem. So you'll notice right up front an explanation of Behodler and how to use it. If you wish to apply for the bounty in section 3, take your time perusing the site and reading all the documentation to properly understand how everything fits together. Questions and discussion on discord are also welcome! Otherwise, read on to find out how to play Sisyphus.
Click the CONNECT YOUR WALLET at the top. This is where you'll need the Metamask browser wallet extension.
After your wallet connects, you should be presented with the screen shot below. Note that if you're not, it means the Amazon CDN has served you a slightly older version of the front end. Pressing ctrl+F5 should clear your cache. If you're not on the Sisyphus tab, click on Sisyphus as shown by label '1' in yellow:
Everything you need to know is in the FAQ below but in short, the current reigning Sisyphus is shown by label 2. They originally paid 100000000000 SCX. This created a new buyout price of 400000000000 SCX (4 fold increase) as shown by Original Buyout Price. However the Stone of Sisyphus has gradually started rolling back down so that the current buyout price is given by the yellow label '3'. Your task is to pay at least as much as the current buyout price to become the reigning Sisyphus. The deposed Sisyphus will then get 80% of the buyout and the rest will be deposited into the Scarcity Faucet. Note that even though the buyout price has 'rolled back' by 19%, the current Sisyphus will still make a profit of 222577777777.77 Scarcity.
If you already have a positive Scarcity balance, you can enter it into the text box at '6' and click on the DEPOSE REIGNING CHAMPION button at '4' to trigger a buyout transaction. However, if you don't have a Scarcity balance, you can top it up with other tokens by clicking on the link at '5'. Doing so brings up the following screen
As you may know, Scarcity is the liquidity token for the Behodler Liquidity Protocol (found in the SWAP tab). This means that depositing any of the tokens as liquidity mints Scarcity according to a token bonding curve. For convenience, the popup above has been added to allow you to mint some Scarcity on the fly without using the DEX. The price of Scarcity rises as you deposit tokens so try to find the cheapest token that mints the most Scarcity. This will help you depose the current Sisyphus at the lowest price.
For transparency, Sisyphus is deployed at 0xeb5b834c22767C974CA77DD5B29732cB3F6B3C29 on main net so a quick browse on Etherscan will reveal the order of wallet addresses that play.
There are no conditions on who can play. You can even enter using the same wallet 10 times and you'll be paid 50 Dai each time.
2. Bounty for social media dissemination of this article (20 Dai)
Retweets of this article will be entered into a draw and the winner will be picked using Random.org. The process of picking the winning twitter account will be transparently calculated in a spread sheet and shared for scrutiny. If you don't retweet the original tweet and instead choose to share this article as a new tweet, please be sure to tag our account in the tweet so we know you've entered. If you use another social media platform, please DM a public link to the post so we can confirm. Every social media account you post this on earns another entry into the competition
This bounty has some fair use rules that should be obvious and need little explanation. Namely, if your account is a fake account that has fake followers with little depth, it will be disqualified. Only active and legitimate social media accounts will be entered. The winner will be announced on Twitter. In order to claim, you'll need to DM a valid Ethereum wallet address.
3. Write a genuinely positive article/video explaining, reviewing or promoting either WeiDai, Behodler or Sisyphus (at least 50 Dai)
Articles that are pure spam or clickbait will be disqualified. Instead we're looking for those who have insight into DeFi and Ethereum topics and who can communicate why Behodler is special and what it brings to the ecosystem. Explaining what Pyrotokens are, how Scarcity burning increases liquidity, how Behodler is a permanent sink for tokens, or even how to exploit arbitrage price differences between Beholder and other DEXes are all examples of topics to write. Contrasting mechanisms are also encouraged. For instance, WeiDai's burn incentives vs cDai's credit markets. Or Behoder's single liquidity omnischedule token bonding curves vs Uniswap's invariant equation approach that uses individual token pair contracts.
It should go without saying that attack pieces do not qualify but informed feature requests and deep honest analyses are certainly welcome.
The final criterion for this bounty is that real people read/watch it and that a decently sized audience is reached. What 'decently sized' means differs from platform to platform but 'your family and 3 people you paid on fiverr' does not count as decently sized. Medium and Youtube provide some transparent metrics such as views and likes to make this clear so if you use a blogging platform that hides analytics then we require a non falsifiable proof that the article has had reach.
This bounty has a maximum of 3 winners and the winners must not be variants of the same online personality.
If you have any questions or need clarification on rules, DM our twitter handle.
Enjoy and good luck!
