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HackMoney 2021 Demo

HackMoney 2021 Hackathon Demo. Not for distribution

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Ante provides an incentivized, on-chain way for protocols to signal confidence in their smart contracts to users

Empowers projects and users to write smart tests that verify a protocol’s fundamental invariants (e.g. collateral > debt)

Encourage being serious about writing quality smart contracts

Incentivize community engagement to generate real-time reviews of protocol code, without waiting or paying for full-blown audits

Allow “legitimate” protocol teams to stand out from the rest

HackMoney 2021 Hackathon Demo. Not for distribution

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How Ante Works

Smart tests for smart contracts

Protocols stake own money behind claims about their code base
DeFi users and security experts “challenge” claims with digital assets

DeFi users/experts

Write Ante Tests

Review & Challenge

Ante Tests

Decay of challenged capital

Reward for failed Ante Test

Distribution of challenger decay

Staked capital

Protocol teams/users

HackMoney 2021 Hackathon Demo. Not for distribution

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HackMoney 2021 Hackathon Demo. Not for distribution

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Threshold Ante Tests by Ante Devs

AnteWBTCSupplyTest.sol

WBTC protocol
WBTC address
Condition: Never exceed 21M
Author: antebear

AnteEthDevRugTest.sol

Ethereum Foundation address
Condition: Never drop over 99% (~4000 ETH)
Author: antebear

HackMoney 2021 Hackathon Demo. Not for distribution

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Peg Ante Test by Community

Ante_DaiPegTest.sol

Dai Stablecoin address
Condition: Price Between 0.95 and 1.05 USD
Uses Chainlink aggregator to grab price of DAI
Author: waynebruce0x

HackMoney 2021 Hackathon Demo. Not for distribution

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Future of Ante

We envision adoption of Ante as standard operating procedure for protocol launch, as a way for the team to have skin in the game, and signal alignment with the community.

Protocols use Ante

Partner with DeFi protocols to create Ante Tests at launch

Users benefit from Ante Tests

Foster community engagement to drive scalable on-chain test writing

Users demand Ante Tests

Community creates expectation that legitimate protocols adopt Ante

The Ante “Flywheel”

HackMoney 2021 Hackathon Demo. Not for distribution

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Thank You!

HackMoney 2021 Hackathon Demo. Not for distribution