Stake-or-Rekt

Problem Statement

The platform functions as a Player-vs-Player (PvP) staking arena where participants can stake their tokens against other players in various competition formats. The core mechanic revolves around a "winner takes all" approach - when competitions conclude, losers' tokens are automatically swapped to the winner's token type and distributed among the successful stakers according to their stake proportion. This creates a high-risk, high-reward environment that incentivizes strategic participation. Key features include:Instant deposits and withdrawals to favorite exchanges through our state channels hubMultiple competition formats (1v1 duels, tournaments, time-based challenges)Smart contract-based escrow system ensuring fair distribution of winningsReal-time leaderboards to track top performersGas-efficient transactions through state channel implementationThe platform aims to introduce competitive gameplay elements to traditional staking, creating an engaging and potentially profitable experience for crypto enthusiasts who want to test their strategies against other players rather than simply staking against protocol rewards.

Solution

Tech Stack Frontend:Next.js framework for a fast, responsive user interfaceWagmi for seamless wallet connections and interactionsPrivy smart wallets enabling frictionless onboarding for crypto newcomersTransaction Layer:Pimlico for sponsored transactions, allowing users to interact without holding gas tokensSmart Contract Development:Foundry framework for robust contract development, testing and deploymentCustom staking and competition logic with automated token swap mechanismsDeFi Integration:1inch's v6 swap protocol for optimal token exchangesEfficient execution paths ensuring winners receive maximum value from losers' tokens1inch Dev APIs for real-time token price tracking and market dataBlockchain Infrastructure:Multi-chain deployment across Base and Flow blockchainsLeveraging Base's thriving memecoin ecosystemCapitalizing on Flow's emerging pump.fun-inspired projects and growing momentum