Nebulas Development Roadmap For The Second Half of 2020

Nebulas
Nebulas
Aug 10 · 4 min read
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Contents

1. Introduction

Since the establishment of Nebulas in June of 2017, Nebulas has been committed to the vision of letting everyone benefit fairly from decentralized collaborations. In March of 2020, Nebulas released a new version of it’s mainnet entitled Nebulas Voyager which included the novel consensus mechanism, Proof of Devotion(PoD).

The release of Nebulas Voyager marked the initial decentralization of the Nebulas mainnet as well as the gradual decentralization of community governance via PoD node operators, Nebulas Technical Committees, Nebulas Foundation, community members and the continued desire for progressive decentralization of community governance.

In the second half of 2020, the Nebulas Foundation will lead the community by exploring more ways to expand our collaboration with a focus is on Nebulas’ Decentralized Financial Services which include:

  • Link.nextDAO: Will support Cross-Chain transfer of Ethereum Assets.
  • Swap.nextDAO: Enables decentralized trading while providing automated market making and liquidity for all supported assets.
  • Market.nextDAO: Supports decentralized lending of digital assets via the end-user in addition to decentralized lending pools while avoiding smart smart contract asset security risk.
  • Mobile DeFi App: NAS nano Pro Plus, mobile wallet upgrade.
  • Continued Governance upgrade on the PoD mainnet.

Nebulas will use its own unique features to provide better decentralized financial services for the blockchain world allowing the community to explore new use-cases and solve real-world issues while expanding Nebulas’ ecosystem.

2. Research and development

2.1 Protocol layer

Link.nextDAO cross-chain assets.

  • Asset-spanning solutions that will introduce ETH, USDT and other digital assets into the Nebulas ecosystem as well as Nebulas NAS onto the Ethereum network.
  • Will allow for a Stable Coin on the Nebulas blockchain.

dStaking.nextDAO on-chain decentralized pledge

  • Pledge NAS to obtain NAX while the pledged NAS is retained at the end-users address; NAX is distributed as a reward for those contributing to the security of the ecosystem.

Market.nextDAO decentralized lending agreements.

  • This new generation of borrowing will usher in the next generation of secure lending agreements. Unlike other projects, the mortgaged or loaned assets are retained at the owner’s personal address which avoids the possibility of a centralized pool which mitigates pool-based asset theft. The program will involve the loan of assets, deposit of assets, an interest rate model and an asset liquidation plan.
  • Support the locking loaned funds at the main network level to realize the decentralization of mortgage funds.
  • The inclusion of an oracle service.

2.2 Application layer

Swap.nextDAO decentralized trading

  • Decentralized exchange with Uniswap-like features.
  • Instant token features will be available.
  • The instant swap feature will allow the user to send and receive the exchanged assets directly within the same transaction once the trade is confirmed.
  • Automatic market-making model, allowing users to deposit funds to provide liquidity.
  • Allows users to easily create new trading pairs while adding new tokens.

DeFi APP

The new DeFi app will be included within an upgraded version of NAS Nano Pro and allows for easy access to the Nebulas ecosystem.

  • Assets can be stored, transferred, exchanged, converted to NAS, NRC20 tokens and other cross-chain digital assets within the Nebulas ecosystem.
  • Various DeFi services, such as borrowing.
  • Decentralized on-chain governance.
  • NAS ID service.

On-chain governance upgrade

  • Go.Nebulas community collaboration platform integrates PoD governance content.
  • Go.Nebulas, node platform and other components within the Nebulas ecosystem will have improved communication.
  • Design and implementation of on-chain governance rules for DeFi

2.3 Scalability.

Nebulas Rank

Combined with dStaking, DeFi, NAS ID, this data will provide multiple parameters which can be used in the calculation address of reputation. Developers can filter parameters according to their specific project or product needs to quickly filter the reputation of addresses and provide important on-chain for identity recognition and authentication services.

Cross-chain asset expansion.

The cross-chain assets include but are not limited to Ethereum, and supported ERC20 tokens. Link.nextDAO will support more additional chains in the future, as well as more on-chain assets.

3 Estimated release

September 2020

  • Link.nextDAO beta release (support for nUSDT, nETH).
  • Swap.nextDAO launched.

October 2020

  • market.nextDAO released.
  • Beta release of NAS nano Pro DeFi App.

December 2020

  • NAS nano Pro DeFi App upgrade.

As the products are being developed and launched, Nebulas will gradually build a flexible, safe, autonomous and scalable DeFi ecosystem. We welcome the community of developers to join in the building of the Nebulas ecosystem!


Learn more about Nebulas:

Official website: Nebulas.io
Node Platform:
node.nebulas.io
Smart asset platform nextDAO:
nextDAO.io
Github:
github.com/nebulasio/go-nebulas
New Telegram(EN):
t.me/nebulasen
Telegram Node Operating Group:
t.me/nasnode
Community Forum:
community.nebulas.io
Twitter:
@nebulasio
Instagram:
nebulasio
Facebook:
@nebulasproject

Nebulasio

Nebulas is an autonomous metanet.

Nebulas

Written by

Nebulas

nebulas.io / Nebulas is a next generation public blockchain, aiming for a continuously improving ecosystem.

Nebulasio

Nebulasio

Nebulas is an autonomous metanet. The future of collaboration is coming.

Nebulas

Written by

Nebulas

nebulas.io / Nebulas is a next generation public blockchain, aiming for a continuously improving ecosystem.

Nebulasio

Nebulasio

Nebulas is an autonomous metanet. The future of collaboration is coming.

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