Before the “Columbus- 5” upgrade, a quick overview of the interesting ideas that emerged in the Terra hackathon

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What variables might these fresh ideas bring to the follow-up development of Terra’s ecological territory?

Written by: a poplar tree

The hackathon held by the top public chain has always been an event of great concern in the industry. It is an excellent window to observe the vitality of the ecological development of the public chain, and it is also a key way to obtain early opportunities for high-quality projects. The “Terra Spacecamp” hackathon held by Terra recently attracted the participation of projects from many popular tracks such as DeFi, NFT, and GamingFi.

Previously , in the article ” Overview of Terra Ecological Development Around UST’s “Top-level Design” Ideas “, we have sorted out the Terra ecology and mentioned that the several Terra ecological projects that are queued (to be) launched are currently mostly in the project improvement or DEMO stage. It is expected to be launched in the next six months or so (according to the incomplete statistics of terra.smartstake.io, at least more than 50).

On September 16, one of the main drivers of the Terra ecology, the synthetic asset protocol Mirror Protocol officially announced its own “Columbus-5” contract migration instructions. According to the plan, the Terra network will also be at the block height of 4724000 (estimated UTC time). 3:30 on September 30) The “Columbus-5” upgrade was officially carried out.

After the upgrade, these dozens of protocols will be intensively deployed on Terra, bringing new variables to the development of Terra’s ecological landscape. Before that, let’s take a look at the interesting ideas that emerged during the Terra hackathon.

A quick overview of the Terra hackathon project

Seesaw

Seesaw is a perpetual futures agreement that allows the transaction of any asset with oracle data feeding, and aims to maximize the capital efficiency of each asset in the Terra ecosystem.

Pluto’s Pot

Pluto’s Pot is a gamified charity lottery DApp based on Terra. It uses a unique bonus distribution model to guarantee winners and various rewards:

  • The jackpot will be generated every day and every week;
  • 5% of everyone’s lottery fee will be transferred to Angel Protocol (Chain Note: Terra Ecological Permanent Charity Donation Agreement);
  • Guarantee that someone will win every lottery;
  • The liquidity pool is provided by Loop (chain note: Terra Ecological DEX transaction protocol);

Before the "Columbus- 5" upgrade, a quick overview of the interesting ideas that emerged in the Terra hackathon

Terra Chess

Terra Chess is designed through cost-effective smart contract transactions designed to make every game in a chess game a high-stakes game that can be participated in.

Before the "Columbus- 5" upgrade, a quick overview of the interesting ideas that emerged in the Terra hackathon

Caelum Protocol

Caelum Protocol is a decentralized order book for sports games.

Before the "Columbus- 5" upgrade, a quick overview of the interesting ideas that emerged in the Terra hackathon

Hermes Protocol

Hermes Protocol is the notification push service of the Terra ecosystem. It aims to provide notification push services for the various protocols of the Terra ecosystem (will be migrated to the Cosmos chain later).

All users can get timely notification push of Terra Eco DeFi protocol or DApps through the binding address.

Before the "Columbus- 5" upgrade, a quick overview of the interesting ideas that emerged in the Terra hackathon

Nova Terra

Nova Terra aims to build a free, uncensored content platform for everyone, allowing users to create and consume content on DeFi, and users can also create anything they want:

  • Users can use the Terra ecosystem to obtain lossless subscriptions for all content;
  • Users can staking their own tokens to obtain content in the form of NFT from favorite creators;
  • Users can bid for exclusive photos or videos through LUNA;

Before the "Columbus- 5" upgrade, a quick overview of the interesting ideas that emerged in the Terra hackathon

Cryptora

Cryptora is an algorithmic trading platform that allows investors to create their own trading algorithms or directly copy existing successful trading algorithms without any code base.

Before the "Columbus- 5" upgrade, a quick overview of the interesting ideas that emerged in the Terra hackathon

Beema Finance

Beema Finance is a standardized platform designed to connect to any protocol that uses stablecoins (such as the Anchor protocol), and is committed to helping users’ savings funds to securely and efficiently obtain income in the DeFi world.

It allows users to directly link their bank accounts to the corresponding DeFi protocol without worrying about the security of the protocol and wallet, the impact of volatility, transaction fees, or cumbersome deposit and withdrawal operations.

At the same time, it has reached a cooperation with Circle to become a payment service provider, allowing deposits and withdrawals through ACH (chain note: ACH full name Automatic Clearing House, is one of the most important payment networks in the US payment system, in the US payment system in a important position).

Before the "Columbus- 5" upgrade, a quick overview of the interesting ideas that emerged in the Terra hackathon

Zero-Sum Leveraged Protocol Via TerraSwap

“Zero-Sum Leveraged Protocol Via TerraSwap”, which is a zero-sum leverage agreement based on TerraSwap (Terra Ecological Trading Agreement), can provide corresponding leveraged trading services for tradeable assets (MIR, LUNA, mTSLA, etc.) on TerraSwap.

Before the "Columbus- 5" upgrade, a quick overview of the interesting ideas that emerged in the Terra hackathon

TNS

TNS is the domain name service system of Terra ecosystem (similar to DNS, ENS), developed by the Extraterrestrial Finder (Chain Note: Terra Ecological Block Explorer) team, aiming to provide “.terra” domain name service.

Before the "Columbus- 5" upgrade, a quick overview of the interesting ideas that emerged in the Terra hackathon

PIXY

PIXY is a content crowdfunding platform that connects fans and creators. It aims to completely change existing content by returning 100% of fan funds to content creators, using governance to reduce funding risks, and empowering a new generation of creators Create a crowdfunding model to allow fans to participate more in the project and support a new generation of content creators.

Before the "Columbus- 5" upgrade, a quick overview of the interesting ideas that emerged in the Terra hackathon

Apollo Flows

Apollo DAO is the revenue aggregator of the Terra ecosystem. It aims to manage related assets for users and achieve higher revenue through DeFi strategies. Its subsidiaries include Apollo Safe and Apollo Flows.

Among them, “Apollo Flows” will allow multi-signature users to design and plan transaction processes and execute them through multi-signature operations.

TrackTerra

TrackTerra is a Terra transaction browser focusing on tax filing. It provides a searchable entry. Users can enter their own address to obtain all the transaction records of the corresponding address, and it can also provide a database compatible with popular tax reports. Export the report.

Before the "Columbus- 5" upgrade, a quick overview of the interesting ideas that emerged in the Terra hackathon

Tiny Terra

Tiny Terra is a user-friendly token minting and trading platform. Users can mint their own community tokens and use AMM for transactions. At the same time, different tokens can also compete in gamification.

Before the "Columbus- 5" upgrade, a quick overview of the interesting ideas that emerged in the Terra hackathon

Kairos Protocol

Kairos Protocol is a real-world decentralized autonomous organization (called kDAO) running on the Terra blockchain. The functional modules include:

  • Governance module
  • Organization module
  • Official management module;
  • Financial asset management module;

Before the "Columbus- 5" upgrade, a quick overview of the interesting ideas that emerged in the Terra hackathon

Licium Rights Engine

Licium Rights Engine is a decentralized application for the licensing of trusted digital content. Users can use it to forge and authorize corresponding NFTs. Licium can enhance the ownership of NFTs through dynamic revenue streams and create information about their authenticity and ownership. Verifiable judgment.

Before the "Columbus- 5" upgrade, a quick overview of the interesting ideas that emerged in the Terra hackathon

Fansquad

Fansquad is a decentralized crowdfunding protocol for the creative industry. It is designed for real life. Fans and investors can support corresponding ideas in the form of crowdfunding without having to understand the specific blockchain technology behind it.

Before the "Columbus- 5" upgrade, a quick overview of the interesting ideas that emerged in the Terra hackathon

Nusic

Nusic is a synthetic music asset protocol that aims to introduce real-world artists into DeFi. It can cast corresponding synthetic music assets (nuAssets) and conduct free circulation transactions.

Before the "Columbus- 5" upgrade, a quick overview of the interesting ideas that emerged in the Terra hackathon

The Duel Dojo

The Duel Dojo is a simple DeFi game with three modes:

  1. Play 2 Win (battle game)
  2. Play 2 Earn (boxing match)
  3. AI gambling (bet games)

Before the "Columbus- 5" upgrade, a quick overview of the interesting ideas that emerged in the Terra hackathon

summary

Hackathons are often both a touchstone and a training ground for public chains. Through hackathons, public chains can integrate ecological development resources. At the same time, a considerable number of interesting ideas and high-quality projects will often emerge during hackathons, and even become a follow-up ecological map. The key header protocol.

Just like Orion Money and Angel Protocol in the last hackathon, this hackathon also brought some interesting things. At the same time, with the continuous deployment of “Columbus-5” after the upgrade, it is expected that Terra’s ecological vision will be further improved and the demand for UST will be stimulated, so it is worthy of continued attention.

Disclaimer: As a blockchain information platform, the articles published on this site only represent the author’s personal views, and have nothing to do with the position of ChainNews. The information, opinions, etc. in the article are for reference only, and are not intended as or regarded as actual investment advice.

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