I've been working on a project called Corehash for a while. I'm a solo founder with no team, but I've been envisioning a new protocol that can change the way we look at finance and hashpower from the bottom up - by using smart contracts to create a vault similar to Aave or Yearn, but with a simple hashrate product constant formula, similar to Uniswap, to enable liquidity provision of hashrate demand, through an internalized hashrate token AMM model.

I've published a white paper that goes into the full details, you can read it here: www.corehash.org/whitepaper.pdf, or you can read it on Medium: https://medium.com/corehash/corehash-hashpower-liquidity-provision-vault-staking-protocol-c12d5dfd2fc2

It also has some interesting use cases with MEV extraction and frontrunning as well, like with Flashbots, creating a MEV premium hashrate market protocol, as well as a MEV protection market like sequencers, but fully on the base-layer blockchain, at the miner level, interfacing directly with miners and searchers.

This is all the research I've been making on my own, and I finally released it to the public, and I wanted to see if there was anyone interested in collaborating, or just community building something like this for the masses, fully open-sourced, grassroots, decentralized, through a DAO governance + community from the ground up. I've laid out the groundwork from my past development with some others on the previous iteration of this project, while you can check out on Github, https://github.com/corehash, it's all very preliminary, but I've setup the organization to try to form a hub for contributors to work on it together, sort of like the cutting edge MEV research and with Flashbots' approach (although they have backing from Paradigm, and super talented devs).

The goal here is to solve problems and provide a solution as well as a whole new way to enable decentralized finance bridged with PoW mining income. You can kind of think of it as taking some of the best projects in the DeFi space and adding a token economic system for liquidity mining hashrate demand liquidity directly from miners through the pool mining protocol level, integrated on-chain with smart contracts and oracles. In theory, you could achieve some pretty cool applications, like Alchemix, with self-paying loans, but instead with mining income, and undercollateralized loans like a line of credit with hashpower, income-generating, reserve assets. OlympusDAO, but with hashrate reserve assets, stablecoins like USDC but backed by hashpower vault assets.

You can read more in detail in the white paper, and I hope to hear anyone thoughts and discussion of this, providing constructive feedback.