Below is a working product roadmap that broadly describes the path to complete platform launch. This roadmap excludes marketing and commercial partnership endeavours that are separately underway.
Completed
In this phase we'll design the core protocol design and develop backend smart contracts. Backtesting will be used to determine launch configuration parameters based on modeled performance.
Active Process
In this phase we'll conduct internal security audits and queue external security audits. Additionally we'll design and develop the user facing web application.
Pending
In this phase we'll deploy contracts to testnet, connecting the web application to testnet backend, and testing all user flows.
Additionally, we'll be executing a simple market making script that reacts to underlying cbBTC volatility to simulate efficient market conditions and trades. Using the data gathered we'll:
We'll proceed to mainnet once the performance data passes.
Pending
In this phase we'll deploy contracts to mainnet with capped liquidity. The capped liquidity launch allows us to validate performance under live market conditions.
Pending
In this phase we'll analyze and summarize the performance of the testnet and capped-liquiidty mainnet launches. At this point we'll author and publish a paper comparing the Fragments protocol's performance to that of modern day leveraged ETF's, detailing our methods.
Pending
In this phase we'll lift the liquidity cap on mainnet and inject significant liquidity.
Pending
In this phase we'll detail, document, and deploy governance.
Pending
In this phase we'll begin whitelisting new assets for the platform.