Please note that this is a general outline of how we have planned our milestones. This is not 100% comprehensive as we believe in moving fast by learning fast and will keep changing our targets based on learnings.
Be rest assured we are working super hard to make Octane the #1 limit order platform on BSC and other chains in the future.
- User Research We spoke to a lot of 1inch and other limit order platform users to understand the problem with the current system. We found a lot of issues in the execution of current limit orders system. So we proposed a solution to improve execution while making the limit order assets rewarding for the user.
- PrototypingWe tried out testnet code to see if such a product is possible.
- Testnet Launch Octane being a unique and never seen before solution for limit orders, this is a milestone achievement for us. Testnet feedback, economy simulation, and more will help build a robust mainnet launch.
- Seed & Private Sale RoundOctane has closed its seed and private rounds of $1.7M to fuel the initial development, token sale, and network growth. Read more here.
- Community Growth We are constantly engaging with the community to get ready for testnet and contribute to the protocol.
- Token SaleWe plan to do a public token sale by end of July, this will create a free-flowing OCTANE token that will be ready to use by the mainnet protocol.
- StakingPlan to add staking to incentivize liquidity providers.
- Beta Launch Launch beta version of the mainnet from the learnings of testnet.
- Mainnet LaunchCombine all learnings from testnet and beta, update any known issues and go mainnet.
- AuditAn audit is crucial to understand any known issues with our smart contracts.
- Multi-chainLaunch on Eth/L2 and other blockchains to fuel limit orders there.
- PartnershipsPartner with yield protocols to aggregate best yield. Partner with centralized exchanges for added liquidity in DeFi.
- DAO Setup Plan to structure and set up Octane DAO to take protocol decisions.