| Date | Milestone |
| Q3 2021 | MVP team formation |
| Q3 2021 | Tokenomics creation and website launch |
| Q1 2022 | Creation of dy.finance SIP010 token |
| Q1 2022 | dy.finance SIP010 token smart contract audit |
| Q1 2022 | Expansion of the team; front-end engineer, community manager, marketing lead |
| Q1 2022 | Development of the perpetuals pricing engine |
| Q2 2022 | dy.finance community building commencement (Discord & Twitter) |
| Q2 2022 | v1 smart contract audit |
| Q2 2022 |
Launch of v1
- Perpetuals
- Hiro web interface ‘wallets’ connection
- Market makers provide liquidity to earn yield
- APIs
- Risk analysis: Insurance fund
|
| Q3 2022 | Expansion of the team to include a third co-founder |
| Q3 2022 | Series A funding |
| Q4 2022 |
- Alts, and Stacks native perpetuals contracts
- Chart.js market depth charts
- Collaboration with DeFi lending platforms to use perpetuals to augment their conventional liquidations framework and hedge their risk across our liquidity pool. Allowing them to reduce loan collateral requirements and set market based collateralization rules and fee assessments.
|
| Q4 2022 |
Launch of v2
- Dy.finance on Stacks hyperchain
- On-chain order book
|
| Q4 2022 | Public token sale |
| Q4 2022 | Launch of 10% bug bounty program |
| Q3 2023 |
Launch of v3
- Cross-margin
- Circuit breakers
- Leverage adjustments
- Auto-deleveraging
- UI features including trade history
- Translation to Spanish, German, Vietnamese, Mandarin and Japanese
- Adding futures contracts for alternative assets
- Large cap crypto index
|
| Q3 2024 |
Launch of v4 (Bogota) OTC
- Permissionless OTC market creation, tradebuilder for credit default swaps and exotic options with non-standardized strike prices and expiration dates
- Referral engine
|
| Q1 2025 | Transition to a DAO |
Allocation of funds raised during the token sale (in MM USD). Assumes reached hard cap.
Proposed breakdown of the funds' utilisation between the soft cap and the hard cap.
Proposed total tokens allocation. Assumes reached a hard cap.
Discount on token price based on entry stage. Figures represent discount versus the maximum token sale price, accounting for all possible bonuses.
