UbiquityDAO Developer Snowball

Summary:

Complete the Developer Snowball to integrate Ubiquity DAO’s UAD dollar and Ubiquity’s Dollar Yield Aggregator contracts. Ubiquity DAO has completed the form required to participate in this snowball and has the communication channels open with the development team to assist in this process.

Proposal:

Ubiquity’s first product is uAD, an algo stablecoin with unique features that allows it to maintain and keep its peg without being fully collateralized. Ubiquity utilizes 3crv to act as a type of debt system which acts as one of the primary algorithmic stability mechanisms. uAD aims to be a scalable, secure cryptodollar.

Ubiquity DAO team plans to integrate the uAD contracts as well as the Ubiquity Dollar Yield Aggregator

Ubiquity DAO Developer Snowball Outline:

Phase 1 - Build the Connectors for uAD Contracts and Dollar Yield Aggregator

Start Time: 10/11/2021 - 10/25/2021

Base Reward: 200 INST | Timeline Bonus: 50 INST| Snowballs: +10% of Base Reward

Phase 2 - Submit Connectors and Resolvers to Governance

Start Time: PENDING PREVIOUS STEP

Base Reward: 25 INST | Timeline Bonus: 10 INST | Snowballs: +10% of Base Reward

Phase 3 - Create and Deploy Assembly page for Ubiquity DAO

Start Time: PENDING PREVIOUS STEP

Base Reward: 50 INST | Timeline Bonus: 20 INST | Snowballs: +10% of Base Reward
Bonus Phase 3: +50 INST will also qualify when creating strategies for DApp page

Code

UAD Contracts: https://github.com/ubiquity/uad-contracts
Yield Aggregator Contracts: Pending
Connectors: Pending
Resolvers: Pending
Development Repo: https://github.com/ubiquity/ubiquity-instadapp

Result

UbiquityDAO and its uAD stablecoin and its basic operations will be integrated into the DeFi Smart Layer, including a working Assembly page with a few strategies to enter the LP markets.

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