$4000 Bounty by RSK x API3 up for Grabs!

A bounty challenging developers to deliver a p2p transaction bot on telegram that utilizes the RSK network and API3 data feeds is now open on Gitcoin. The bounty is open for anyone to join, with the total prize standing at 0.1627 RBTC (4,000 USD).

There has been a resurgence in the use of telegram-based p2p bots in recent times. Due to instability and high inflation rates, BTC is now preferred over the local currency in many countries. P2p telegram bots provide a simple method for people within these countries to transact and trade with one another in crypto. However, the handful of bots already in existence do not currently operate using an oracle for price execution — this is where you come in.

What is the task?

The Telegram bot, p2plnbot, allows p2p money transfers and trades over Telegram using the Bitcoin lightning network. The aim of this task is to fork the p2plnbot bot to operate on the RSK network using price feeds from API3.

Completion of the base task will involve enabling peer-to-peer transfers of RBTC and RIF between RSK accounts. Developers can also opt to enable transfers between RSK accounts using RNS addresses in addition to standard addresses.

The competition will also include a secondary “fair market price” task that aims to introduce a new feature to the bot utilizing API3 data feeds.

The p2plnbot currently requires users to manually input the price when making p2p trades. The “fair market price” task asks developers to deliver functionality within the bot that uses feeds from API3 to query the current price for p2p trades. This price should be displayed as the “fair market price” within the bot. However, the seller should still be able to override this price if they choose.

Details:

The bounty will remain open to join until the middle of September. Full details on how to join and the submission requirements can be found on the bounty’s Gitcoin page. If you have any further questions, please join the RSK open slack or the API3 Discord #Dev-Support channel.

How to join: https://gitcoin.co/issue/29225

Github: https://github.com/lnp2pBot/bot/issues/328

End Date: September 15, 2022

Total prize: 0.1627 RBTC (4000 USD)