Fountain H2 2022 Roadmap

Fountain Protocol
3 min readAug 9, 2022

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Dear FTP holders, we are delighted to announce our Roadmap, in which we outlined our plans for the project’s developments in H2 2022.

Over the next six months, we expect to see the following: DEX Aggregator, Voting Governance, Launch on Sapphire ParaTime, and Ecosystem Expansion.

DEX Aggregator

Our DEX Aggregator, called Smart DEX, is technically ready by Q2 2022, but due to the market condition, we postponed the launch. This great feature will launch in the second half of 2022. It aims at serving as the go-to trading portal for trading on Oasis by ensuring a seamless, efficient, and secure trading experience.

Smart DEX allows our users to find the best prices and swap rates with the lowest slippage when swapping tokens on Smart DEX. This is achieved by splitting users’ trades into different routes across the different DEXes based on the available liquidity on each DEX.

Voting Governance

A community-driven project has always been our goal; this will allow users’ voices to be heard in a tangible manner. Gradually hand over platform governance for community proposals and voting based on the share of $FTP ownership.

As our governance tools are gradually getting better, we will eventually launch the Fountain DAO to expand usage scenarios of $FTP so that both holders and stakers work together to push forward on the development of the Fountain Ecosystem.

Launch on Sapphire ParaTime

Sapphire is a new confidential EVM-compatible ParaTime, which was recently released on Testnet. Sapphire enters the industry as a first-of-its-kind confidential EVM computing environment. Solidity developers can easily take advantage of the unique privacy-preserving technology offered by the Oasis Network thanks to the familiar development environment.

By launching on Sapphire ParaTime, Fountain users would enjoy confidential supply and borrow from the platform without critical privacy information being leaked. We are closely working with the Oasis team, aiming to deploy Fountain on Sapphire once it’s live on Mainnet.

Ecosystem Expansion

Fountain will continue to expand into new areas and attract more users to participate in Fountain Ecosystem, we can develop in the following 3 directions.

-Adding More Kinds Assets

In order to attract more TVL, Fountain will provide suitable solutions in a targeted manner, such as launching the USD market with a 95% collateral factor, which allows users to exclusively supply or borrow stablecoins and maximize income.

Furthermore, we will introduce more LP tokens with sufficient liquidity and a large number of holders to our LP market. The introduction of these assets is a way to attract new users from very different corners of the blockchain space.

-Listing on Top CEXes

Exchanges are essential sources of traffic. $FTP is now supported by a centralized exchange, MEXC, as well as a decentralized exchange, YuzuSwap. You can trade here. In order to bring more liquidity to $FTP tokens and create financial returns for our community while also attracting more users to participate in the development of the Fountain ecosystem, we aim to be listed on more top centralized exchanges in H2 2022.

-Partnerships

The goal of the various partnerships is to attract more users as well as increase mainstream use and adoption of the $FTP Token. We will continue to engage strategic partners and trusted projects to grow the Fountain ecosystem.

These are the features we plan to introduce to the Fountain Protocol in 2022 H2. If you have any questions about the roadmap, please join our official social media platforms, like Telegram/ Discord/ Twitter, etc. We look forward to hearing feedback from every member of the FTP community.

About Fountain Protocol

Fountain Protocol is the first lending platform powered by Oasis. The protocol enables users to experience high capital efficiency and one-stop management of DeFi assets. Taking advantage of the highly efficient and low-cost Oasis Network, Fountain Protocol establishes a multi-revenue protocol with a fund pool as the core and multiple application scenarios.

Website | Twitter | Discord | Telegram

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