AAVE grant, yayyy!!
We’re excited to announce that we’ve been awarded a grant by Aavesome. We’ll be using AAVE protocol to generate EPNS Channel stakes on Mainnet.
AAVE is a critical component of EPNS Game Theory, incentivizing users along with delivering notifications. When a Channel (services — dapps, SCs) stake on the EPNS protocol, the stake goes to a combined stake pool of Channels and starts earning interest using AAVE. This interest is then distributed to all the subscribers (wallet addresses) of that service in a weighted manner preferring the earliest subscriber more than the later ones. Refer to the EPNS Whitepaper.
The incentive part of the EPNS protocol was ideated and built at ETHGlobal HackMoney 2020. We are really grateful to the amazing AAVE team Stani Kulechov, Marc Billy Zeller, David Truong, Ernesto Boado for mentoring and guiding us during HackMoney.
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