The document describes Encode x Saddle, a program that allows participants to complete technical and non-technical bounties for the Saddle automated market for trading pegged crypto assets. Participants can earn up to 7.5m SDL tokens. Bounties include ideas like integrating Saddle with other chains, building applications on top of Saddle, and creating memes or competitions. To participate, individuals register on the website and schedule a call to discuss potential bounty ideas. Submissions are judged at the end of each month.