2024Q3 Roadmap — Modular LSaaS is constructing, AI coming
As we move into 2024, we’re excited to share the developments and ambitious goals in our Q3 roadmap. The focus for this quarter is on the construction of a MODULAR Liquid Staking as a Service (LSaaS) platform, such as StaFi AI module and the Point System, setting the stage for a revolutionary advancement in the blockchain space.
Q2 Achievements in LSaaS Development
In Q2, significant upgrades and migrations were achieved:
- rBNB was migrated and BNB stack were successfully integrated into LSaaS.
- rSEI was launched and SEI stack were developed and integrated into LSaaS.
- BTC LST stack development began for Babylon, alongside the LRT stack for Eigenlayer and Karak.
We have released the BNB and SEI stacks, while the Babylon BTC LST stack and LRT stacks remain under construction, waiting for the finalized details of reward distribution and slash.
Q3 Roadmap: Focus on Modularity and Adoption
The main focus in Q3 is to modularise LSaaS, make it a better developing upgrade for devs, the 2nd major is to get LSaaS widely adopted as more stack solutions are ready in the LSaaS app. Now there are some proposals in the pipeline, presenting by 2 types of category, rTokens only and LSaaS(with rToken), we will see the progress in Q3.
Modularity Enhancements
1.LST Module(Current)
Our work continues to abstract and extend current LST solutions to more PoS chains. The BTC LST module, in particular, will be a major focus, especially with the anticipated finalization of Babylon’s reward distribution and slashing rules. This will allow us to grow the BTC LST module faster than expected, as more Bitcoin-based projects come online.
2.LRT Module(Current)
Development continues for the LRT stack on EigenLayer and Karak. Finalization of reward distribution and slashing rules is awaited as AVS projects are under construction. This module is crucial for enhancing the interoperability and security of our staking solutions.
3.StaFi AI Module(Coming)
The StaFi AI agent, positioned as a validator delegation solution, will be a part of the StaFi LSaaS. This AI integration will streamline validator selection and delegation, making staking more efficient and user-friendly.
4.Point Module — Native Token Module(Plan)
This new model aims to enhance composability and efficiency for developers launching new liquid staking projects. It forms an innovative page in LSaaS alongside the liquid staking module, providing a flexible framework for integrating native tokens into Liquid Staking ecosystem.
5.LSaaS App — Frontend Module(Current)
The LSaaS app is being upgraded to V1.1, with a vision towards V1.2. This upgrade focuses on improving the launch experience for non-code developers, such as product managers and marketing managers. The future updates aim to significantly lower the development barrier, enabling a broader range of users to leverage LSaaS capabilities.
6.More Modules to be explored
We are continually exploring new modules to integrate into LSaaS, ensuring comprehensive solutions for all integrated PoS chains. This allows teams, foundations, and ecosystem partners to use LSaaS to build innovative projects seamlessly.
Driving LSaaS Adoption
1.Developer Engagement
Post-launch, getting LST and LRT stacks widely adopted is our major focus. We will achieve this through education, funding hackathons, launching application grants, and other initiatives. These efforts will position StaFi LSaaS as an essential tool for accelerating LST and LRT development, fostering a vibrant developer community.
2.Integration of More Stack Solutions
We aim to integrate additional stack solutions for layer1 throughout Q3 and into Q4 2024. By adapting to various staking mechanisms such as staking, restaking, and dual staking, we can extend our services into new spaces, enhancing the versatility and reach of our platform, we are now have many proposals in the pipeline and together, season2 of launchpad will come in Q3.
The update of FIS tokenomic
As StaFi delves deeper into developing LSaaS, the framework has been gradually built, achieving significant milestones. The next major step is to drive widespread adoption of LSaaS. Concurrently, StaFi is making significant efforts to restructure the FIS tokenomics and is considering a possible rebrand of the FIS token. As a reminder, the token contract update will facilitate StaFi’s migration from a Substrate appchain to a more advanced infrastructure. However, this transition could introduce complexities in staking and unstaking, potentially leading to systemic challenges for StaFi, such as sell pressure. Therefore, this proposal will be carefully considered. Additionally, a burning proposal will be raised and discussed within the community in Q3 2024, while updates to the token contract and name will depend on the progress of LSaaS adoption.
Conclusion
StaFi is on the path to building StaFi 2.0 with a robust LSaaS infrastructure. With several milestones already completed, we are set to upgrade LSaaS into a modular infrastructure and integrate various staking mechanisms. We are confident that with the StaFi community’s support, StaFi 2.0 LSaaS will achieve widespread adoption. Let’s continue building and advancing together in Q3 2024.
About StaFi 2.0
StaFi 2.0 will be a major upgrade and rebranding. In terms of positioning, StaFi will transform from a multi-chain LSD protocol to an LSD Infra Layer, and the brand will also be upgraded accordingly. In terms of tokenomics, FIS will introduce a burn mechanism and add new utilities. In terms of security, on top of the existing chain security, it will support contract layer security, including support and frameworks for multiple VMs such as EVM and WASM.
Read more about StaFi 2.0.
