🛤️ Roadmap: Our Journey Ahead

Our journey begins with a focus on building a strong foundation and a vibrant community. The roadmap is structured in a clear, phased approach to ensure sustainable growth and innovation.

Phase 1: Foundation and Initial Launch (Pre-IDO)

• Brand and Community Building: Focus on creating the "Solancer" brand identity, engaging with the Solana community, and building initial hype around the protocol's innovative, oracle-less approach.

• Testnet Launch: Before any public sale, we will launch a fully functional testnet version of the protocol. This will allow users to test vault creation, minting, redemption, and the autonomous rebalancing mechanism in a risk-free environment. This phase is crucial for gathering user feedback and demonstrating the protocol's viability.

• Fundraising via Initial DEX Offering (IDO): We will conduct a public fundraiser by selling a portion of the LFGO governance token. The goal is to raise $250,000 USDC.

• Tokenomics & Treasury: We will mint a total of 10 million LFGO tokens. The proceeds from the IDO will be managed as follows:

  • 60% of Liquidity: This portion of the raised USDC will be immediately paired with the LFGO tokens on a DEX to provide instant liquidity for the governance token.

  • 40% Treasury: The remaining 40% of the USDC will be allocated to the protocol treasury, which is a DAO-controlled entity.

Phase 2: Building and Launching the MVP (Post-IDO)

• Team and Development: After the successful fundraiser, we will begin formal development of the Mainnet protocol. We will allocate a monthly budget of $15,000 USDC for team building and operational expenses. The core team will include a smart contract developer (Rust), a skilled designer for the user interface, and a community manager to continue engagement.

• MVP Launch: We will aim to launch the Minimum Viable Product (MVP) on the Solana Mainnet approximately three months after the public sale. This MVP will include:

  • Core vault creation with a multi-asset limit (e.g., 3-5 tokens).

  • pToken minting and redemption.

  • The fully autonomous, oracle-less rebalancing mechanism.

  • Initial liquidity for the LFGO token on a DEX.

• Governance Activation: After the MVP is live, we will activate the veLFGO voting system, allowing token holders to begin participating in protocol governance, such as setting fee parameters and approving initial vault templates.

Phase 3: Scaling and Decentralization

• Public Vault Discovery: Implement features for public vault discovery and social sharing, allowing users to find and follow successful portfolios.

• DAO-Powered Curation: Transition vault template approvals to a fully DAO-powered system, where veLFGO holders can vote on and curate the best strategies.

• Ecosystem Integration: Focus on integrating with more DeFi protocols to expand the utility and composability of pTokens.