πŸ›£οΈ Roadmap

The way forward.

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Given the DeFi ecosystem moves at breakneck pace, we have come up with milestones to achieve instead of a rigid roadmap. This allows us flexibility and room to experiment with the trends that are prevalent and provide the best value for the users of the protocol. Stablecoin adoption is HARD. People want liquidity before committing their funds to an asset. It needs to be available for exchange on the platforms the users frequent. It’s a classic chicken and egg conundrum. We plan to tackle this in stages.

Short term: To provide a trusted and stable index that allows users to hedge risk and generate yield

Aim: To iterate and achieve the right product market fit and having a small but loyal bunch of users. We aim to generate reasonable yield from our peak integrations (underlying DeFi protocols) and also our Liquidity Mining program.

Medium term: DUSD Becoming synonymous with stable assets and the stablecoin of choice for DeFi

Aim: To be integrated with the leading DeFi protocols & subsequently being used as a building block for on chain applications looking to have a stable asset component

Long term: Be used for broader applications outside of DeFi and to onboard users to digital assets

Milestones πŸβ€‹

Pre Incorporation:

  • MVP Developed v0 - ETH Hackmoney

  • Ideo Co-lab Product Validation Day

Q3 2020:

Q4 2020:

Q1 2021:

Q2 2021:

  • ibBTC Development

    • FE Design

    • Code Deployment

    • Audits

  • Research

    • Multichain Deployments - BSC & Polygon

    • Optioncoin

      • Opeth - Synthetic asset combining put option and underlying

      • Options Aggregator - Pooling liquidity from various Options' protocols

      • Options coin - Leveraging Opeth(series of assets) as collateral in DefiDollar

Q2 2021:

  • ibBTC Launch

  • Deployment of DefiDollar on BSC

    • Ellipsis/PancakeSwap being considered as peak originators

  • Opeth & Options Aggregator Testnet

  • Index Diversification - Adding sUSD to the Index with the 3CRV and saave pool

This has been in line with our development goals that are to achieve product market fit and implementing user feedback to fine tune the protocol before transitioning to a DAO.

Do refer to our dashboard to track some of the key metrics of the DefiDollar: https://explore.duneanalytics.com/dashboard/defidollar