Uniwhale Exchange — The Roadmap

Following on from the last article, where we introduced ourselves, in this article, we would like to present our roadmap, specifically what you should expect to see from us over the next few months.

Stage 1

We are now busy building Uniwhale 1.0 with a view to launching on the BNB Chain Testnet in the near future. You will be able to experience all the key trading functions, including

• opening positions using market orders (limit orders will be supported in the future);
• set/update stop-loss and/or profit-target for the open positions;
• monitor the market and your open positions;
• close the open positions (partial close-out is also supported) and review the trade history, and;
• more, as we ramp up to our Mainnet launch!

You will also see lots of community campaigns + NFT whitelist giveaways before and during the Testnet. We will be working closely with our community partners (such as Quest3) and target DeFi/CeFi traders and liquidity providers. Follow us on Twitter for the latest compaign announcements!

Stage 2

With our Testnet launch well in progress, it is now time to prepare for our Mainnet launch.

Firstly, this is big — we will be minting Genesis NFTs, whose benefits, among many, include trading fee reduction, staking yield boosting and governance participation.

You will also see us launching our Tokenomics, which will be crucial for bootstrapping the initial liquidity of Uniwhale Exchange.

We will talk more about both Genesis NFTs and Tokenomics in future articles.

All the while, we will be upgrading our oracle infrastructure with a roll-out of an oracle aggregator. This will be also discussed in depth in a future article.

With all these developments in place, we will be in a good place to launch Uniwhale Exchange into the BNB Chain Mainnet!

Stage 3

In the run-up to the Mainnet launch, we will be focusing on the bootstrapping of the initial liquidity.

You will see airdrops for early participants, NFT holders and DeFi users, to encourage their active participation on the platform.

Upon the Mainnet launch, we will also be holding a series of trading campaigns to let potential users try out Uniwhale Exchange with an aim of converting many of these into active users.

An important part of a perpetual exchange is the risk management and the liquidation framework, which protects all users of the platform. We will be opening up our liquidator bot APIs to our NFT holders so that our community can help secure the platform (and be paid for it!)

As we mentioned in our introduction, we aim to bring the best trading experience to traders, and that means making Uniwhale Exchange available on the mobile. Towards the end of the Stage 3 of our roadmap, you will see the first mobile app of Uniwhale Exchange, so our community never have to trade away!

Stage 4

We have already come a long way since we launched on BNB Chain Testnet in Stage 1.

With a successful launch of Uniwhale Exchange on BNB Chain Mainnet, we will be looking to expand to other blockchains, including Arbitrum, Polygon and Avalanche.

To us at Uniwhale Exchange, “multi-chain” means “liquidity aggregation”, not “liquidity fragmentation”, which is what we see as of today. This is in keeping with our promise to bring the deeper liquidity and the best user experience to our community. So wait for some exciting product announcements we will be making on this!

So until we meet again…

It will be a busy 2024 for us here at Uniwhale Exchange, but with help of our community, we are confident we can deliver on our promises and reward our community in return.

Oh, and this is a secret, but we also have an interesting idea to build an oracle-based options (yes, options!) trading exchange. This will form part of the Uniwhale 2.0.

And, last but not least, we are working with our friends at one well-established quantitative trading house to deploy their yield farming strategies on Uniwhale Exchange. This is a first step towards building a successful ecosystem around Uniwhale.

So much to build and so much excitement!

In the next article, I would like to turn our attention to a more technical topic and spend some time sharing how we designed oracle-based liquidity at Uniwhale.

To get involved and to stay updated on all Uniwhale related matters:

• Visit us on uniwhale.co
• Find our codes on Github
• Follow Uniwhale on Twitter
• Subscribe to the Uniwhale Medium
• Join the Uniwhale community on Discord