What's Next For The Major DeFi Projects?
Updated Weekly (As of 8/1/2022)
| Project | Major Roadmap Details | Expected Timeline | Last Updated | Other Sources |
|---|---|---|---|---|
| Aave | Launch GHO stablecoin - Collateral-backed stablecoin, pegged to USD | 1st governance vote passed. More to come soon. | 8/1/2022 | |
| THORChain | Proposed Features & Their Effect on Three Pillars of Scalability: - Lite Nodes (Nodes are expensive, but Lite Nodes will lower amount of Rune needed to contribute bonded RUNE to the network and profit without being a validator). - Multi-sig Wallet (DAOs and institutions can provide liquidity together, make swaps, or hold RUNE in their wallet). - Single sided asset yield (Currently, providing Layer 1 (L1) assets paired with RUNE is the only way to provide liquidity on THORChain.) - DEX Aggregation (bring a large amount of volume, fees, and more liquidity to THORChain.) - More chain integrations (Avalanche, Dash, Monero etc). - Integrations with more wallets and DEXs utilizing THORChain - Orderbook (to enable limit orders). - THORfi stablecoin (a unit of account for debt, pegged to the purchasing power of USD stablecoins). | TBD | 7/31/2022 | |
| Synapse | Synapse V2 - Synapse chain (Ethereum-based optimistic rollup) atop Synapse’s generic cross-chain messaging system. - Optimistic verification, a network of off-chain actors coordinate to flag malicious transactions during a latency window. - Delegated Proof of Stake (PoS): bond and stake SYN to receive transaction fees. | ‘public testnet in a few weeks with a mainnet release following shortly after’ | 7/31/2022 | |
| Synthetix | 1. Synthetix Futures Pers V2 (with 20% of SNX inflation for rewards) 2. Synthetix V3 (Create synthetic assets freely, veSNX gauges & time locking, differentiated debt pool etc.) | Q3-4 of 2022. More details coming out soon. | 7/26/2022 | |
| Chainlink | Chainlink Economics 2.0: - LINK staking | Q3 or Q4 of 2022 | 7/25/2022 | |
| Uniswap | No roadmap shared | 7/25/2022 | ||
| Maker | The Endgame Plan consists of: - Pregame: EtherDai (ETH backed by staked ETH), Elexir I (Balance pool of DAI,ETHD and MKR), MetaDAO tokens (a subsection of MakerDAO each governed by their own token), Meta Elixir I (MetaDAO token liquidity against MKR), Rainbow Tokenomics (allowing all MetaDAOs to coexist and introduces continuous MKR issuance of 50k MKR per year) and much more. - Early game: MANO I (Maker Node Network with $MANO token), Maker Teleport (L2 bridge), Multichain Dai Savings Rate etc. - Midgame: Elixir II, Synthetic assets, Singularity Engine II - Endgame: MANO II, Ultimate Oracle, Singlarity Engine III | Endgame Plan Launch within 12 months | 7/25/2022 | |
| The Graph | Migrating from Hosted Services to a fully decentralized network | In process. End of Q1 2023 | 7/25/2022 | |
| Shiba Inu | Creating their own DeFi and Metaverse ecosystem: - Layer 2 called Shibarium - Stablecoin $SHI - Shibaswap 2.0: display news, trends, and further information about the Shiba ecosystem. | TBD | 7/25/2022 | |
| Loopring | Q2 Report should include - zkEVM - Loopring Earn | Timeline to come out soon | 7/25/2022 | |
| Pancakeswap | V2 tokenomics - Max CAKE cap of 750M (Implemented) - Staking: Weight voting for rewards (vCAKE) - Staking: Boosting farm yields (bCAKE) - Staking: Boosted IFO benefits (iCAKE) (Implemented) | Currently implementing. Pancakeswap does not announce exact dates. | 7/25/2022 | |
| Lido | 1. stETH launching on L2s 2.1. Adopt Distributed Validator Technology (decentralize ETH staking) 2.2. Create additional checks & balances on Lido governances, which includes stETH holder veto | 1.1 'Soon' 2. Gradually, but no exact dates | 7/25/2022 | Roadmap blog post |
| Curve | Launch of Curve stablecoin crvUSD. Not much official details available. | Soon | 7/25/2022 | |
| Convex | The latest roadmap info: - Continued expansion of new Curve pools - Support for boosted pools on side-chains / L2’s! - Further expansion of the Frax ecosystem - Frax gauge-weight voting for vlCVX holders | Continuous deployment | 7/25/2022 | |
| Frax finance | Fraxlend: lending platform that allows anyone to create a market between a pair of ERC-20 tokens. | Currently being build. We're so close. Expected in a few weeks | 7/25/2022 | |
| Compound finance | 1. Launch of Compound III (with single borrowable asset and others as collateral) 2. Multi-chain strategy to deploy on other chains. | Deployed on testnet. Mainnet to be live by | 7/26/2022 | 1. Governance post 2. On Multichain-strategy |
| 1inch | 'All developments come as a surprise to the users’ | 7/25/2022 | ||
| OlympusDAO | 1. Designate Balancer as the platform to host the majority of Olympus’ Protocol Owned Liquidity in an OHM-DAI-ETH pool. 2. Deploy the new system of Permissionless Olympus Pro contracts as an independent entity rebranded to Bond Protocol. | 1. DAO vote passed. Implementated in 2-4 weeks 2. Implementation in progress | 7/25/2022 | Blog post |
| Osmosis | - Concentrated liquidity - Limit orders - Lending/margin via Mars protocol - WosmoNFT for on-chain identities | TBD | 7/25/2022 | |
| Nexus Mutual | Nexus V2: on-chain risk marketplace - Allows for syndicates (who manage underwriting capital) to be built on top of the mutual’s infrastructure. - Delegates staking - Cover policies as NFTs | 'Coming soon’ | 7/25/2022 | V2 Presentation |
| Sushi | Sushi 2.0 - Trident(Only launched on Polygon & Optimism) - Furo: a money lego protocol built on top of the BentoBox (launched). - Inari: tool for people to ape into known strategies (Live) - Shōyu: NFT marketplace - Updating Sushi interface - SushiXSwap: Crosschain DEX based on Stargate | 1. Shōyuto to be launched soon 2. Launched 21st of July | 7/25/2022 | SushiXSwap |
| GMX | 1. Support synthetic assets: any asset with a Chainlink oracle price feed could be traded on GMX. 2. X4 Protocol Controlled Exchange: setting dynamic fees for liquidity pools, greater composability, DEX aggregation, GMX swap with more tokens and better rates. 3. PvP AMM: matches traders against each other while optionally allowing liquidity providers to participate by created a new GD token. | 1. Priority for synthetic assets. Modeling done. Working on contract implementation. 2. X4 and PvP AMM comes after | 7/25/2022 | More on X4 and PvP AMM |
| dYdX | Launching v4 with its own dYdX chain | 'Will require months of heads down development, but planning to open source by the end of 2022’ | 7/25/2022 | |
| Rocket Pool | To scale Rocket Pool is planning: - Less $ETH bonded minipools reducing collateral requirement from 16 ETH to as low as 4 ETH - Staking as a Service for institutions etc. - Integrate solo staker migration | No exact dates. Though solo staker migration will come with Capella (the hardfork after the Merge that enables withdrawals) around Q2 2023 Saas will come 'earlier' | 7/25/2022 | |
| Yearn finance | Yearn V3 - Phase 1: alpha version: (expected mid July) - Phase 2: beta version: vaults limited to 20M, veYFI (similar to the ve-style of Curve) - Phase 3: stable version: open version, code is immutable and won't have guardrails | - Phase 1: (expected mid July) - Phase 2: (expected mid Aug) - Phase 3: (expected mid Sept) | 7/25/2022 | 1. Timeline and details 2. For veYFI can check code deployment as it happens |
| KyberNetwork | Launched KyberSwap Elastic: - Customizable Concentrated Liquidity - 5 Fee Tiers: 0.008%, 0.01%, 0.04%, 0.3% and 1%. - Auto-Compounding of Fees - New Farming Mechanisms according to active liquidity contribution + trade volume supported | Launched early July | 7/25/2022 | |
| Ren | 1. Decentralization on RenChain as it is currently mostly centralized 2. Launch Catalog, the Metaversal exchange built on Ren Blockchain. The vision is to create the most secure cross-chain DEX with built-in liquidity mechanisms and CEX-like features for users to easily swap assets across the most popular blockchains. | 1. Gradually but no exact dates 2. 'Phase 1 Private Beta is July-August, and September for Boundless Liquidity.' Public launch around Q4 2022 | 7/25/2022 | Community member summary on Discord based on a community call |
