1. Maple ETHGlobal New York 2025 Prize Sponsorship
$10,000 Prize Sponsorship at ETHGlobal New York 2025 for DeFi and On-Chain Loan Innovations
2. Authors and Contributors
Everyone welcomed
3. Overview
This proposal seeks funding for Maple DAO to sponsor ETHGlobal New York 2025 by offering a $10,000 prize pool to developers who create innovative solutions that align with Maple’s mission in DeFi lending, credit markets, and on-chain loan infrastructure.
- Task: Provide a $10,000 prize to incentivize the development of DeFi and on-chain lending solutions.
- Business Case: Encourage developers to build solutions that enhance Maple’s lending ecosystem and expand its adoption.
- Funding & Resources Needed: $10,000 in prize funding plus marketing and event participation costs.
Event Reference Links:
- ETHGlobal New York August 15-17, 2025: ETHGlobal New York 2025
- ETHGlobal Prizes: ETHGlobal
4. Motivation / Business Case
ETHGlobal events attract highly skilled developers who can contribute meaningful innovations to Maple’s ecosystem. By directly sponsoring a challenge prize, Maple can incentivize projects that improve credit infrastructure, decentralized lending, and on-chain risk assessment.
- Problem Solved: Lack of developer engagement in solving key challenges in DeFi lending and credit markets.
- Improvements: Creates new use cases for Maple’s protocol and attracts top-tier talent.
- Expected Benefits:
- Increased developer participation in Maple’s ecosystem.
- Innovative solutions that address DeFi lending challenges.
- Strengthened partnerships with emerging Ethereum-based projects.
5. Detailed Proposal
- Prize Structure:
- 1st Place: $5,000
- 2nd Place: $3,000
- 3rd Place: $2,000
- Challenge Criteria:
- Solutions must address real-world problems in DeFi lending, credit underwriting, or on-chain risk assessment.
- Projects should integrate or be compatible with Maple’s existing infrastructure.
- Solutions must be open-source and deployed on Ethereum
- Implementation:
- Secure sponsorship with ETHGlobal organizers.
- Announce the challenge and prize details before the event.
- Engage with developers through workshops and technical support.
- Facilitate judging and award distribution.
- Risks & Dependencies:
- Low participation or lack of impactful submissions.
- Competing sponsor challenges may attract talent away.
- Ensuring that winning projects have long-term viability.
6. Evaluation
- Benefits to Maple DAO:
- Direct engagement with Ethereum developers working on DeFi lending.
- New innovative projects that could integrate into Maple’s ecosystem.
- Stronger presence and thought leadership in the on-chain credit space.
- Potential Risks:
- Uncertainty in the quality and adoption of winning projects.
- Limited engagement from top-tier developers.
- Counterarguments:
- Sponsoring a general event presence may offer broader exposure.
- Alternative grant programs could attract developers outside of a hackathon setting.
7. Funding Request
- Total Prize Funding: $10,000
- Additional Costs:
- Event sponsorship fees (if applicable).
- Travel and accommodation for Maple DAO representatives.
- Marketing materials and branding.
8. Additional Resource Needs
- Responsible Team: Maple Core Contributors & Marketing Team.
- Execution Timeline:
- Sponsorship confirmed by [date].
- Challenge details announced by [date].
- Prize winners selected and funds distributed by [date].
- Post-event reporting and assessment by [date].
9. Next Steps
- Finalize sponsorship agreement with ETHGlobal organizers.
- Define clear judging criteria and submission guidelines.
- Promote the challenge to developers and the Ethereum community.
- Engage participants through workshops, AMAs, and technical support.
- Select and award winners, followed by post-event analysis.
10. Conclusion
Sponsoring a $10,000 challenge prize at ETHGlobal New York 2025 offers Maple DAO a unique opportunity to drive innovation in DeFi lending and on-chain credit markets. By engaging top developers, Maple can foster groundbreaking solutions that expand its protocol’s utility and adoption.