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Contests

    Beanstalk: The Finale contest logo
    Live

    Beanstalk: The Finale

    $250,000 USDC

    Beanstalk is a permissionless fiat stablecoin protocol built on Ethereum. Its primary objective is to incentivize independent market participants to regularly cross the price of 1 Bean over its dollar peg in a sustainable fashion. This is the culmination of all your Beanstalk experience in one final boss code base!

    Ends in 13 days (May 30th — Jul 8th)

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First Flights

    First Flight #18: T-Swap contest logo
    Live

    First Flight #18: T-Swap

    This project is meant to be a permissionless way for users to swap assets between each other at a fair price. You can think of T-Swap as a decentralized asset/token exchange (DEX). T-Swap is known as an Automated Market Maker (AMM) because it doesn't use a normal "order book" style exchange, instead it uses "Pools" of an asset. It is similar to Uniswap.

    Ends in 2 days (Jun 20th — Jun 27th)

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How It Works

Protocol developers will submit a codebase for a smart contract audit. The audit can be a private audit, or a competitive audit.

In a competitive audit, our auditors will attempt to find vulnerabilities in the codebase in a set time period. Once the contest is over, it will be judged by judges. This means your identity as an auditor will be hidden until the rewards are given out. After all findings have been evaluated, a final audit report will be generated, and awards given out.

In a private audit, auditors will bid on the audit, and/or protocols will invite auditors to take on their audit. The protocol will work directly with the team/individuals they select. Think of private audits as UpWork for auditors.

As of CodeHawks v0.1, the private audits are still a work in progress.

Terms

Auditor - A security-focused smart contract researcher. These are the people who conduct security assessments on smart contract codebases. As auditors grow, they’ll level up into different titles reflecting their skills and accomplishments.
Competitive Audit - A time-boxed smart contract audit competition where many auditors attempt to submit as many vulnerabilities as possible found in the codebase in an attempt to win money and secure the protocol.
Judge - Someone who rates the submissions in the competitive audits.
Private Audit - A time-boxed smart contract audit where the protocol development team and a smart contract auditor.
Protocol - A set of smart contracts.
Protocol Developers - The group that creates the smart contracts.