Announcing: STAX Developer Program & First Grantee: The Unisave (Y3D) team
In crypto, developer innovation is everything — and it moves at the speed of light. That’s why it’s crucial for us to attract the top…
In crypto, developer innovation is everything — and it moves at the speed of light. That’s why it’s crucial for us to attract the top talent to come build alongside us, which is why we are announcing officially our new STAX Developer Bounty program.
Of the total STAX supply, we are setting aside 20% of the total supply for developer bounties (4.2 million STAX). We intend to vest these tokens over the course of the next 2 years to ensure that there is a continued budget for development of this ecosystem.
We are also proud to announce our first recipient of a grant: The Unisave (Y3D) team. We will be working together to explore additional features as mentioned in our original roadmap to allow for single-sided liquidity provision, lower slippage, and more composability to work hand in hand with future vault strategies and interest-bearing integrations. This will accelerate our community developer program and make sure that Stablexswap has the top technological talent working within our ecosystem.
The Unisave team of 9+ developers will receive 5% of the current STAX supply ( 13,620,260 * 0.05 = 681013 STAX tokens), with a 6 month cliff, vested every month over the next two years after the 6 months. This ensures that they are properly incentivised to continue support and innovation and not just sell and dump STAX tokens.
Further, the team may also still be eligible to earn additional STAX bounties for its other integrations such as, but not limited to, social money, vault strategies, and other integrations.
We welcome the next wave of developers to join the BSC ecosystem:
Skillsets that will be prioritised:
Smart Contracts: Solidity, Vyper
If you have any interest in applying your skills, or even to learn more and broaden your skillset in these areas, we are more than happy to mentor, share links, and help you grow as a developer through this program, and make sure you are properly incentivised to build alongside us.
Please contact us @stablexswap on telegram, or make a pull request directly on one of our github repos with a way to reach out to you!
Let’s get building and start 2021 off with a bang!