Timeline and Roadmap
Software is never finished, only realease. When the contributors to decentralized software heard that, they simply kept coding. The "hold my beer" was implied!
The core goals of Elk determine the direction and development that is needed. This determines the roadmap followed by our engineers.
Therefore, everything that Elk team members are doing is to provide one thing: A decentralized cross-chain playground that others can use to achieve their Web3 goals.
The Elk journey so far
Cross-chain transfers
Cross-chain transfer of ELK token ✅
Limit 100 ELK per transfer ✅
Swap ELK for gas for destination network ✅
Increase limit to 1 000 ELK per transfer ✅
Increase limit to 10 000 ELK per transfer ✅
Elk SDK for developers and platforms to build on Elk (Bridge-as-a-Service - BaaS)
BaaS Alpha ✅
BaaS SDK Alpha 2 Release ✅
SDK support for permissionless bridge creation (BaaS Beta)
Mainnet node
Private ElkNet Nodes ✅
Invited users running Elk mainnet nodes
Open applications for ElkNet node running
Staking and delegation
$ELK staking and delegation for mainnet nodes
Paranodes
Ability for users to run an Elk paranode (requires Moose NFT)
Proxy tokens
Support for ERC-20 proxy tokens via BaaS ✅ (Alpha 1)
Improved support for arbitrary data transfer (universal bridge) via BaaS ✅ (Alpha 2)
Multi-chain tokens
Initial support for multi-chain tokens (BaaS) ✅ (Alpha 2)
ElkDex
Based on Uniswap v2 ✅
Based on Uniswap v3 ✅ (Testnet)
Farm-as-a-Service (FaaS)
FaaS for v2 ✅
Fees payable in ELK ✅
Blockchain support expansion ✅ (30 blockchains added)
Usability
Redesigned dApp ✅
Redesigned website ✅
Native Blog ✅
Documentation update ✅
Integration into wallets ✅
Roadmap 2024
For the coming year we have identified the following elements to achieve:
2024 Q1/2:
Bridging-as-a-Service Software Development Kit (SDK) Beta release
Xion payments solution roll-out and scaling
Further developer exploration and engineering consultation for various cross-chain applications
FaaS for ElkDex concentrated liquidity farms (based on Uniswap v3)
2024 Q3 onwards:
Mainnet Nodes - Securing ElkNet by staking ELK
Cross-Chain Swaps - One-click asset trading through the ElkDex, powered by ElkNet
Security audits of the ElkNet
Elk Launch on non-EVM Chains
Community Governance
Continuous Chain Expansion
CHFT Cross-chain Stablecoin, Pegged to the Swiss Franc
* Note that there are no dates in the roadmap and specified target development is subject to change.
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