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#1 One-Click Leverage #1

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eason1305 opened this issue Aug 18, 2021 · 16 comments
Open

#1 One-Click Leverage #1

eason1305 opened this issue Aug 18, 2021 · 16 comments

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@eason1305
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eason1305 commented Aug 18, 2021 •
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One-Click Leverage

Prize Bounty

[comment]: # $10K USDT

Challenge Description

[comment]: # New front-end which enables one-click leverage and deleverage positions routed through CREAM / Ironbank. This will allow users to more easily enter and manage their leveraged positions while saving on gas fees. Users can not only leverage/deleverage positions through the simple UX, but the expected impact of their positions is clearly shown to the user.

(reference abracadabra.money): https://docs.cream.finance/developer/open-defi

Submission Requirements

[comment]: # We would like to see a working front end which enables users to leverage and deleverage positions in one transaction -- liquidity must be routed to C.R.E.A.M. markets or Iron Bank. Please include a github and demo of the product in the submission.

Judging Criteria

[comment]: # This bounty will be awarded to the best implementation of the ‘One-click leverage’ product. In addition to the liquidity being routed to C.R.E.A.M. markets or Iron Bank, additional key elements we are seeking is an easy to use UX, a design that is consistent with C.R.E.A.M. Finance’s colour palette and branding/design, However, the judges reserve the right to split the bounty in the event of a tie.

Winner Announcement Date

[comment]: # The Hackathon will run from Aug 18, 2021 - Sep 8, 2021. All winners will be announced on or before Sep 15, 2021.
@gitcoinbot
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Issue Status: 1. Open 2. Started 3. Submitted 4. Done

This issue now has a funding of 10000.0 USDT (10000.0 USD @ $1.0/USDT) attached to it.

@gitcoinbot
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Issue Status: 1. Open 2. Started 3. Submitted 4. Done

Work has been started.

These users each claimed they can complete the work by 2 weeks, 6 days from now.
Please review their action plans below:

1) porco-rosso-j has started work.

One-click leverage smartcontract with flashloan and easy-to-use UI.

Learn more on the Gitcoin Issue Details page.

@gitcoinbot
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Issue Status: 1. Open 2. Started 3. Submitted 4. Done

Work for 10000.0 USDT (10000.00 USD @ $1.0/USDT) has been submitted by:

@seungjulee
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@porco-rosso-j and I worked on this challenge, and submitted the work. Below is the repository for the work.

https://github.com/OneClickLeverage/Cream-Leverage-Contract

@gitcoinbot
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Issue Status: 1. Open 2. Started 3. Submitted 4. Done

Work for 10000.0 USDT (10000.00 USD @ $1.0/USDT) has been submitted by:

  1. @seungjulee

@eason1305 please take a look at the submitted work:

@seungjulee
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@eason1305 Hi Thank you for granting us the bounty. It was fun working on this project.

I've noticed that the bounty was for $10000 USDT, but I've only received $8000 USDT. https://etherscan.io/tx/0xcd7f64588c436c0fbd441907ba23451368e5153c199c0ac16950792de23e5003 Do you know why the bounty was not $10000?

@gitcoinbot
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Issue Status: 1. Open 2. Started 3. Submitted 4. Done

The funding of 10000.0 USDT (10000.00 USD @ $1.0/USDT) attached to this issue has been approved & issued to @seungjulee.

1 similar comment
@gitcoinbot
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Issue Status: 1. Open 2. Started 3. Submitted 4. Done

The funding of 10000.0 USDT (10000.00 USD @ $1.0/USDT) attached to this issue has been approved & issued to @seungjulee.

@eason1305
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@seungjulee Hi, I know that might be confusing to not receive the whole bounty. Sorry for late reply.
After discussion with the team, your work is great but it's still way from production ready. It's a Ganache mainnet fork, which means there's no contract on the mainnet.

However, we still consider you as the winner of this challenge that worth the grant. It's a really good work with complete test environment. Ganache, test account and UI with high consistency. While we're still planning, but If possible, we'd like to invite you to work further with us, and provide the rest of the bounty to complete the whole work.

Thanks for your contribution to C.R.E.A.M. Finance.

@seungjulee
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seungjulee commented Sep 17, 2021 •
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@eason1305 Thanks for your reply.

While I thank you guys for the opportunity to learn something new, I find it dishonest and deceiving to grant only partial amount when it's publically displayed on Gitcoin that you paid the full amount.

There is no requirement on the bounty page saying that the contract needs to be deployed to the mainnet to receive a full grant. I don't understand how you expect a hackathon project to be production ready and be deployed on mainnet when it costs hundreds of dollars to deploy to mainnet.

While I'm interested in taking this project to a production level, I do not want to spend more time to earn the reward that I was supposed to get, and engage in any further business with CREAM finance. I've lost trust in CREAM finance. I've withheld my funds from CREAM finance.

I've also noticed that you've underpaid other winner. @massun-onibakuchi, who did a fantastic work that is up to the production level.

I'll share this dialog with Gitcoin, which I also lost trust. It makes me not want to do any work on Gitcoin. I'll share this on Discord, Twitter and other social media.

@massun-onibakuchi
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massun-onibakuchi commented Sep 17, 2021 •
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@seungjulee @eason1305

Cream Fi gave me the opportunity to design something interesting, but I don't understand why I'm not being paid in full either. I'm not happy about it.

While I thank you guys for the opportunity to learn something new, I find it dishonest and deceiving to grant only partial amount when it's publically displayed on Gitcoin that you paid the full amount.

There is no requirement on the bounty page saying that the contract needs to be deployed to the mainnet to receive a full grant. I don't understand how you expect a hackathon project to be production ready and be deployed on mainnet when it costs hundreds of dollars to deploy to mainnet.

I completely agree. Deploying to the mainnet is not written in the requirements, and I don't understand why a hackathon project would be required to deploy. It is strange to think that it is natural to deploy even if it is not defined in the requirements even though the cost is significant.

I think that @seungjulee 's work is of sufficient production level and deserves to be paid in full.

@massun-onibakuchi
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I am not a native English speaker, so my intentions may be difficult to convey...

@seungjulee
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seungjulee commented Sep 20, 2021 •
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@eason1305 How can you publish a blatent lie publicly saying you paid us the full amount? Don't abuse your power because you are the one who is paying. Please be respectful of the original agreement.

You could've turned this opportunity into a positive impact, but you ruined your public trust by playing smart to deceive us.

Please send the rest of the fund. If so, I'll delete the comments. I'll not be silent about this until you pay us the full amount.

https://twitter.com/CreamdotFinance/status/1439995677061357570
imagen

@massun-onibakuchi
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massun-onibakuchi commented Sep 22, 2021 •
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@eason1305
Not only will you not pay the full amount, but you will lie about it? Please pay the full amount to the winners of the hackathon, including me.You must do so in order to regain your lost credit.

@massun-onibakuchi
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@eason1305 I have now received all my rewards. I would like to end this matter now ...

@seungjulee
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I've received the fund too. I've deleted tweets.

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@seungjulee @eason1305 @gitcoinbot @massun-onibakuchi