After a robust four-month testnet phase, Nautilus Chain is now poised to officially launch its mainnet. In recognition of and to stimulate further contributions from Builders, we are teaming up with Zebec Labs to initiate the Nautilus Dev Vault. The prize pool for the Dev Vault is structured as follows:
- Over the first three months after the mainnet launch, Zebec Labs Foundation pledges an equivalent of $750,000 in $ZBC to the DEV Vault. Out of this, $500,000 in USDT is set aside for the Dapp competition, while an amount equivalent to $250,000 in $ZBC will be committed to the liquidity incentive pool. Future contributions will be dynamically adjusted in line with ecosystem growth.
- A unique self-distribution mechanism ensures that 30% of the Nautilus Chain Gas income gets allocated to the Dev Vault each month.
Competition Categories
The inaugural phase of the Nautilus Chain Dev Vault will kick-off with the Dapp selection competition, open to the first 50 projects deployed on the Nautilus Chain mainnet. While there are no hard and fast restrictions on competition categories, we are particularly interested in projects from the following sectors:
- Infrastructure (Bridges, Interoperable Communication Protocols，privacy-preserving)
- Defi+Game+NFT (DEX or Aggregator, Lending protocol, Liquid Staking, Derivatives, Launchpad,Games, NFT Marketplaces)
- Education+Tools (Projects aiming to enhance understanding and awareness about Nautilus Chain’s functioning, both technical and social, including indexing and analysis tools, Dao tools,etc.)
What’s the Winning Criteria?
This phase utilizes a data growth assessment model. The Zebec Labs Foundation, together with the investment research team, will evaluate projects based on on-chain data and $ZBC adoption metrics. After careful consideration, the teams that meet the requirements will be chosen to unlock the first round of the Nautilus Chain Dev Vault. The prize allocation is as follows:
- Each project has the opportunity to unlock up to 20% of the Naut Dev Vault per round, up to a total of 100,000 USDT. Early participants stand to gain higher returns.
- Participants are also entitled to share 20% of the monthly Gas income, distributed relative to the number of TXN generated.
Key Dates
- Registration Window: Prior to Sep.15th
- Round I Evaluation Period: Sep.15th-Oct.15th
- Round I Vault Unlocking Announcement: Oct.20
How to Register
Submit applications here. All projects must provide a verification through GitHub or Twitter, which includes:
- Project Name
- Category
- Brief Description
- Submission of Project Contract
- Link to Project’s GitHub or Twitter
- (Optional) Contact Information
- (Optional) Information on Team Size, Fundraising Status, and more.
About Nautilus
Nautilus Chain is the first production-ready modular chain in Web3. Through its modular architecture, Nautilus combines the speed of Solana with the decentralization and security of Ethereum to become the fastest EVM chain available, capable of parallel transaction processing.
Developers will be able to use Nautilus, which serves as a precursor to Zebec Chain, to build next-generation payment dApps. Nautilus provides Solidity developers with the efficiency and customization to build dApps that wouldn’t be possible on other EVM foundations.
With Nautilus, Web3 technology will have the reliability and scalability needed to replace traditional payment rails all around the world.
