Hi there,
I would like to start the process to claim the $4,000 USD hackathon prize for deploying Ginseng Swap as part of the U-Hack Hackathon.
Wallet Address: 0xa3351462FaeEE93401e6Cb10194CE2add6AA5adf
As communicated to me, these were the requirements for claiming the $4,000 USD
Requirements:
- Create socials + have a plan on how you will grow your community
- One of the team members should be doxxed or do an internal KYC process with Conflux
- Deploy on eSpace mainnet
- Have the project listed on DeFiLlama
- The application will have to go through the forum
Here is how each of these are met.
- Create socials + have a plan on how you will grow your community
Discord: https://discord.gg/qHBRjttkQ2
X: https://x.com/ginsengswap
Marketing Plan
- Since the hackathon, Ginseng Swap has been executing a plan that continues developing the protocol, get customer feedback, improve. Key milestones include:
(1) Participated in buildSpace in San Francisco working on Ginseng Swap with demo in summer 2024
(2) Presentation/demo of Ginseng Swap at Shopify Builder Sundays in Toronto in Sept 2024
(3) Ginseng Swap at Hong Kong Fintech Week in Nov 2024
(4) Hosted a booth for Ginseng Swap and participated in pitching at Asian Financial Forum in Jan 2025. See picture below
(5) Ginseng Swap joined Hong Kong Science and Technology Park in the Ideation Programme
(6) Completed Audit of Ginseng Swap in January 2025
(7) Change in UX for website
With an audit, Ginseng Swap is now looking at licenses/regulatory compliance in Hong Kong and also conducting additional market research, and test user feedback to see how Ginseng Swap can facilitate a use case.
In the meantime, the contracts have been deployed on mainnet and marketing is intended to begin targeting the Conflux community so they can benefit from concentrated liquidity swaps for stablecoins (USDC and USDT first pair).
Ginseng Swap will look to grow organically through participation of various events (i.e. Ginseng Swap participated in Token2049, ETH CC, etc.) and is planning to launch an AI agent that can do swaps on Ginseng Swap, manage stablecoins autonomously to enhance yield, etc. for better user interface and to facilitate better on-ramp/off-ramp/interoperability for stablecoins.
Overall, the $4,000 use is intended to help recover the costs of contract audit (which was critical to ensure user safety) and to help create additional market documents/development of socials. Ginseng Swap is expected to do several space calls to answer community questions and answer additional questions on roadmaps.
- One of the team members should be doxxed or do an internal KYC process with Conflux
This is completed
- Deploy on eSpace mainnet
We have deployed on eSpace mainnet and also have audits. Contracts in the audits. https://github.com/ginsengswap/ginsengswapaudit/tree/main/auditreports
The website is ginsengswap.org
- Have the project listed on DeFiLlama
See website project on DeFiLlama where ginseng swap is now listed: https://defillama.com/protocol/ginseng-swap
- The application will have to go through the forum
Completed