StakeYourTake
StakeYourTake: Put money on opinions; vote, submit evidence, winners claim losers’ stake.
Problem Statement
StakeYourTake is a skin-in-the-game social discourse layer on web3. Instead of empty hot takes, participants put a small stake behind their opinions, vote Yes or No, and—after the deadline—winners claim the losing side’s pot pro-rata. It turns online debates into accountable, outcome-driven conversations.We’re tackling the problem of noise. Social feeds reward volume, not rigor. By attaching a cost to speaking and a reward to being right, StakeYourTake discourages low-effort outrage, encourages self-reflection, and promotes critical thinking. Before posting, you ask yourself: “Do I believe this enough to stake it?”How it works: any wallet can create a debate by paying a creation fee and setting a deadline. Anyone can join either side by paying the same voting fee. Only those who voted can submit evidence (IPFS links, citations, analyses) to make their case and persuade others—skin in the game first, arguments second.Payouts: when the deadline hits, anyone can finalize the debate. The side with more stake wins; winning voters claim their original stake plus a proportional share of the opposing pot. If it’s a perfect tie, everyone simply gets their stake back.Design choices for fairness: votes are fixed-price (to keep UX simple), payouts are stake-weighted, and evidence is pay-gated to deter spam. We rely on an open, permissionless approach—no KYC, anonymous wallets allowed—while leaving room for optional verifications in the future if communities want tighter controls.Why it matters: attaching even a small stake changes incentives. People think twice, gather sources, and engage in fewer drive-by takes. Over time, participants build a public record of debates joined, sides chosen, and outcomes—a reputation for being thoughtful, not just loud.Settlement vision: StakeYourTake has the potential to become the settlement layer for social discourse—a neutral, on-chain primitive where arguments aren’t just posted, they’re settled with incentives, receipts, and finality. Communities, apps, and platforms can compose on top, referencing outcomes as canonical signals of consensus (or contention).User experience: the home page highlights live debates across everyday topics—pizza vs. burgers—up to heated social and political questions. Create, vote, submit evidence, and return after the deadline to claim. Simple flows, clear rules, no surprises.Tech highlights: EVM smart contracts, native-asset staking (no ERC-20 required for MVP), event-driven indexing, and IPFS-pinned debate/evidence metadata. We separate settlement (finalize) from withdrawals (claim) for safety and keep evidence off-chain for scalability.What’s next: commit–reveal to reduce herding, anti-sniping deadline extensions, reputation scores, topic leaderboards, Farcaster/Twitter integrations, and community curation for featured debates—while staying true to the core: lower noise, raise the bar for public reasoning.In short, StakeYourTake makes expression accountable and rewards careful thinking. If you’ve got a take, stake it—then show your evidence.
Solution
Contracts (EVM, Solidity 0.8) hold the money + truth (debates, stakes, outcomes).Frontend (Next.js + TypeScript + wagmi + viem) signs/reads on-chain, uploads evidence to IPFS, and renders live feeds.Indexer (Node.js worker) listens to contract events, denormalizes them into PostgreSQL (Prisma) for fast queries (home feed, leaderboards).Infra: one L2/testnet (I used BSC testnet in dev) + simple pinning (Pinata/Infura) + cron to re-pin hot content.
Hackathon
ETHGlobal New Delhi
2025
Contributors
- ashwinarora
21 contributions