Alkemi Network 2022 Roadmap

The Alkemi Network core team is excited to announce its 2022 roadmap* plans for the protocol, which includes the following 3 themes:
  1. 1.
    Increase capital efficiency: Work toward v2 release with a focus on improving borrower and lender experience. We will be exploring new protocol features such as better borrower-lender matching through Request for Quotes ‘RFQ’, reducing the cost of capital through undercollateralized loans, increasing token utility through staking programs, and addressing institutional user needs through more specialized UI/UX and advanced reporting. We are keenly aware that these features require in-depth research and feedback cycles with the ecosystem prior to mainnet release.
  2. 2.
    Maximize compliant liquidity: Collaborate with major institutional hubs such as custodians, exchanges, and wallet providers to initiate DeFi standards for institutional participation, involving decentralized identity, KYC/AML interoperability, and shared compliance policy frameworks. These standards will reinforce trust, credibility, and efficiency for more institutions to participate in DeFi in a compliant way, and will accelerate the flow of big capital into our ‘Verified’ Pool.
  3. 3.
    Progressive decentralization: Double down on community development and increase the sophistication of tooling for protocol governance engagement. As the network grows, our plan is to guide the community to take ownership of protocol developments and decisions, with an ultimate goal to hand the keys to the protocol governance mechanism.

Q1 - 2022

  • Announce 2022 roadmap and seek community feedback
  • Publish Alkemi Earn protocol v2 white paper
  • Research and prioritize token utility expansion prospects; propose to the community
  • Publish ‘DeFi Standards’ report and initiate POCs/pilots with a seed group
  • Share governance process with the community and invite for proposals
  • Alkemi Earn protocol v1.5 upgrade
    • Gas Cost Optimization
    • Added Institutional Grade Reporting Features
    • Updated UI including light version

Q2 - 2022

  • Alkemi Earn protocol v2 release on Testnet
  • Earn v2 smart contract audit
  • Propose token utility expansion options to community governance
  • ‘DeFi Standards’ working group announcement and roadmap
  • Improve protocol governance process by learning in Q1

Q3 - 2022

  • Alkemi Earn protocol v2 release on mainnet
  • Earn v2 bug bounty programs
  • Implement and release a new token utility program (pending community votes)
  • Publicize ‘DeFi Standards’ to expand participation from firms and regulators
  • New governance portal unifying process and participation stats

Q4 - 2022

  • Earn v2 improvement proposals
  • Protocol majority decentralized, governance multi-sig process deprecated
  • Automate ‘DeFi Standards’ participation with hub website and self-service tools
  • End-to-end on-chain governance pilot on Testnet
  • Roadmap for 2023 released for community feedback
*Note that the above roadmap is subject to change based on community feedback and rapidly evolving digital asset market conditions

Alkemi Network 2018-2021 Key Milestones to date:

  • Alkemi Network founded
  • TechStars completed
  • Alkemi Earn and Shift NEXUS integration began
  • Alkemi Earn Mainnet launched
  • SAFE round closed
  • Alkemi Earn smart contract audit
  • Launch permissionless pool on mainnet
  • Token Generation Event (TGE)
  • DAO setup, governance voting instated, Alkemi Network Foundation established
  • Launch new products with CeFi partners