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Ethbid

ETHBid is a discovery market on Arbitrum.

Videos

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Tech Stack

React
Solidity
Web3
ENS
Paxos
Arbitrum
Typescript
Ethers

Description

ETHBid is a discovery market on Arbitrum. Projects bid Paxos USDG to rank on a public leaderboard, and a higher bid gets more homepage exposure and clicks. Ranking runs fully onchain through the ProjectRegistry, RankingRound and BidRouter contracts. A bid costs about $0.02 in gas on Arbitrum, compared with about $0.51 on Ethereum.

Progress During Hackathon

Ethbid was already live on ethereum mainnet, so during the buildathon i ported it to arbitrum.

I redeployed all 3 contracts on arbitrum sepolia, switched bids to paxos USDG, and kept ENS names resolving from L1.

Gas per bid dropped from about 50 cents to 2 cents, which means small teams can actually afford to compete for visibility now.

I also fixed a bug where withdrawn bids were showing as "claimed #0", and shipped the arbitrum version live at arb.longbid.lol. next up is arbitrum one mainnet and getting the first real projects on the board.

Fundraising Status

Bootstrapped, no funding raised yet. solo builder for now, open to grants and talking to investors after mainnet launch on arbitrum one.

Team Leader
MMayor
Project Link
Deploy Ecosystem
Arbitrum OneArbitrum One
Sector
DeFi