Fire Protocol Roadmap Update! Sailing to Blue-Ocean in 2021

Fire Protocol
FireProtocol
Published in
2 min readJan 22, 2021

As the new year of 2021 begins, Fire Protocol team is set to deliver more exciting developments for continuous improvement of product as well as business development.

We are proud to announce several milestones incoming for 2021.

In Q1, we will first officially launch Fire Protocol Loan Platform, followed by Top-tier CEX Listing of $FIRE, and Uniswap Liquidty Mining Program to offer more incentives for $FIRE holders and our users!

In Q2, Fire Protocol will have its own Staking Platform where users can stake a selection of assets and earn more passive income! Further, we will present you the User Dashboard where users can check the statistics, and easily maneuver between our products - FireSwap, Loan Platform and Staking page.

In Q3, we will be supporting Cross-Chain Loans as an upgrading of platform functionality. We will also be adding another killer function to FireSwap — the Limit Order! Not exciting enough? We will launch Firestarter a Launchpad for startup projects on HECO! Developers and projects will be able to offer a decentralised public sale or Initial Dex Offer (IDO)!

In Q4, we will launch FireSwap Derivative Trading supporting include futures contracts, forwards, options, and swaps. And, most importantly, Fire Protocol will apply the model of DAO Governance, where every community member will be granted the rights of voting during important decision-making processes! We will be moving towards full decentralised Fire Protocol, existing as a set of contracts among developers and communities, without a physical address, nor people in formal management roles.

We believe that 2021 will be an exciting year for Fire Protocol. We will be witnessing not only technical breakthroughs, but also the innovations of our chain of choice!

Come on, and Sail with us! 😎

About Fire Protocol

Fire Protocol is the first infrastructure to Huobi (Smart) Eco Chain (HECO), the first batch member of developers invited to test HECO (an Ethereum compatible Public Chain for Blockchain Developers).

Key products are:

⁃ DEX/Swap: Fireswap is fast and secure trading service; Liquidity Mining

⁃ Cross Chain Wrapping solutions to bring non-Huobi Chain assets via into the Huobi Ecosystem from various chains; eg Ethereum, Tron, Polkadot (soon)

⁃ Money Market with Lending and Borrowing ; fully integrated with our DEX > Liquidity Providers’ token on our DEX serve at the same time as collaterals on borrowing/ lending protocol

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Fire Protocol
FireProtocol

We are the first protocol infrastructure to offer a suite of solutions and products that enable users to easily participate on the Huobi Eco Chain.