Amid developer drought, teams turning to hackathons to find talent

Cointelegraph

Published Apr 09, 2021 02:12PM ET

Updated Apr 09, 2021 04:00PM ET

Amid a bull market for decentralized finance (DeFi) that has teams developing new products at a breakneck pace, the demand for smart contract developers couldn’t be higher — but, unfortunately, the amount of available talent couldn’t be lower.

Team members from multiple projects have taken to Twitter in recent weeks to gripe about the shallow hiring pool, including representatives from high-profile mainstays like Yearn.Finance and Sushiswap. The complaints come despite hefty incentive packages that include token allocations and generous salaries — but regardless of the carrots projects offer, there simply aren't enough developers to go around.

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