Bitfinity Network is a Cross-Chain EVM with smart contract extensions. Leveraging the Internet Computer’s unique capabilities, devs have the potential to create groundbreaking projects across various sectors, from DeFi and prediction markets to voting systems and cross-chain communication solutions.
- Open-Source Adaptation: supports Solidity smart contracts and tooling (Truffle, Hardhat, Remix etc) out of the box; compatible with Metamask!
- Optimized Performance: the efficient virtual machine rivals numerous Ethereum Layer 2 solutions, ensuring that you can build and deploy your projects with unparalleled speed and efficacy.
- Outcalls Unleashed: Replace oracles with the Internet Computer’s (IC) HTTP outcalls
- Seamless Integration: Connect with Bitcoin (and Ethereum)
- Boundless Scalability: optimal transaction throughput and cost-efficiency with Bitfinity Network’s EVM multi-canister architecture
- Comprehensive Support and Resources: our team has been working on a wealth of resources and documentation
Dev docs: https://docs.bitfinity.network/
Solidity examples: GitHub - infinity-swap/bitfinity-evm-examples: A boilerplate for sample DApps/Ethereum contracts on Bitfinity EVM
Bitfinity wallet: https://wallet.infinityswap.one/
Discord: Bitfinity Network
Ecosystem page: https://bitfinity.network/ecosystem
To kickstart the ecosystem, we will be awarding the following rewards to developers. Please make sure to join the discord channel and introduce yourself in the EVM channel to get started (Bitfinity Network):
- Fork grants with $6k
- Partnership grants worth $25k
We are confident that this Grants-Program will connect us with some of the very best talent in the ecosystem and will kickstart exponential growth of DeFi on the EVM and IC chains. If you have any questions about the promotion/event/hackathon, please feel free to reach out to us through the Discord channel or our website. Good luck to all participants!
Some Ideas for Developers Building on the Bitfinity Network. Projects marked with a single asterisk are fork grants, and those with a double asterisk are partnership opportunities. We are keen to hear what project you would be interested to fork, and are open to many ideas. Please see a more expansive list of DeFi applications at: https://defiprime.com/
Create a next-generation NFT marketplace. By leveraging Bitfinity’s EVM, these platforms can benefit from faster transactions, enhanced security, and cross-chain multi-asset support. Here are some platforms:
Opensea is one of the best known NFT marketplaces. NFT images can be stored as URLs on the IC for a fully decentralized experience.
More recently there has been interest in platforms that support advanced trading features for NFTs and resemble a more traditional exchange. As an example, see Tensor on Solana, which was inspired by a similar project on Ethereum.
We can build AI agents into canisters to improve the liquidity provisioning experience. Decentralized liquidity providers could dynamically adjust the liquidity positions using AI, which cannot be run on Ethereum.
Ethereum has a large number of DEXs that can be deployed with different advantages:
Uniswap V3 offers capital efficiency *
GitHub - Uniswap/v3-core: 🦄 🦄 🦄 Core smart contracts of Uniswap v3
GMX (leverage/ perpetuals) **
The Bitfinity team would be very interested to see a deployment of a DEX that enables margin trading on the EVM. This would enable margin-trading with CK-BTC tokens and other cross-chain tokens that make their way to the EVM, which opens up huge opportunities for community development. We would recommend this project to a highly competent team as the use of oracles will involve writing code for IC-based canisters that act as oracles.
With the advent of CK-BTC and the huge amounts of liquidity untapped for DeFi, lending and borrowing platforms are a huge opportunity for developers looking to build projects on the Bitfinity Network EVM. Some popular options on Ethereum are:
Borrowing and lending applications will be somewhat challenging to fork due to the need to set up a canister that can post data to the EVM, essentially acting as an oracle. This will require the developer to be somewhat familiar with how to set up and write canister code on the IC.
We would love to see a set of tools or website that makes it easy to launch your own decentralized oracle. This would use the IC’s canister infrastructure and HTTP outcalls to retrieve data from the web in a decentralized way and then post this data to the EVM. We’d be looking for a project that can create libraries that makes this much easier for other users to spin up their own oracles. The platform would need to have well hosted documentation, so that other developers can easily use these features and any oracles that have been set up.
Work with our team to help deploy your very own cross-chain bridging solution, targeting a chain or chains of your choice. Users will be able to bridge their favorite ERC-20 tokens or NFTs to the EVM. We are looking for a highly competent team to support this feature. We are internally developing the code for an ERC20 bridging solution, which can be expanded upon to support NFTs. This is a great opportunity to work with the Bitfinity team and maintain a valuable ecosystem project. By developing these solutions, users can easily access and interact with multiple blockchain networks, improving the overall user experience and encouraging the growth of DeFi and other decentralized applications. Here is an example of a front-end that can be forked: GitHub - aurora-is-near/rainbow-bridge-frontend: 🌈 Send ERC20 tokens from Ethereum to NEAR
Create libraries that allow solidity contracts to be controlled and upgraded by a Chain-Key DAO. The library would need to have well hosted documentation, so that other developers can easily use the features.
Create decentralized prediction markets utilizing IC’s HTTP outcalls: Leverage IC’s HTTP outcalls to build prediction markets that tap into real-time data for accurate forecasting. Popular projects doing this on Ethereum include the following: Best Decentralized Prediction Markets on crypto blockchains
IC agents need to register private keys before interacting with the EVM. Create libraries that make this simple in Motoko, Azle or any of the languages that the IC supports. This will be similar to: GitHub - rocklabs-io/ic-web3: Ethereum RPC client for canisters on the IC , but with extra functionality to register the IC agent’s public and private keys so that they can interact with the EVM. See the documentation here for more info: Overview | EVMC Documentation