Shade Protocol - 2024 Roadmap

A roadmap for Shade Protocol to build out a suite of DeFi services and tools while maintaining a focus on privacy and decentralization.

Oct 27, 2023

By

Marketing Department

Greetings community,

The time has come to formally outline the broader Shade Protocol strategy and goals for 2024. Note that, none of these items are guaranteed. However, these are important targets that we want to collectively & transparently share with the community.

Early this month - we took the time to outline our North Star:

We believe every human should have private access to a global decentralized bank in the palm of their hands.

As such, all roadmap items reflect this goal - we aim to complete the majority of key financial functions needed within this diversified unstoppable decentralized protocol to fulfill the promise of the Shade Protocol North Star.

The empowerment of every sovereign individual with an equally sovereign, fair, & private financial ecosystem.

Q4 2023

  1. Launch dSHD - unlock SHD staking utility

  2. API V2 - launch powerful infrastructure to power the future of Shade Protocol analytics, user experience, and data informed decision making framework.

  3. Dynamic Incentives Framework (DIF) - convert ShadeSwap incentives into a dynamic / reactive system driven by volume & usage.

Q1 2024

  1. Launch Shade Money Market - empower users to seamlessly lend & borrow different cryptocurrencies & digital assets, all with privacy protecting their key DeFi metadata.

  2. Launch FINA integrated pre-paid debit cards - bridge the gap between DeFi yield & everyday commerce

  3. LP tokens as $SILK collateral

Q2 2024

  1. Launch Liquidity Orderbook - empower users to seamlessly and efficiently liquidity provide and trade their crypto assets

  2. Launch Shade Governance - empower the collective community to fully manage the entire of Shade Protocol using DAOs & SubDAOs to organize into a variety of groups

Q3 2024

  1. Launch Shade Perpetual Swaps - increase the ability of users to (privately) hedge and financially express their various convictions using a powerful leverage product.

  2. Lend V2 - convert Shade Earn into simpler experience, where all liquidations are converted into SILK.

Q4 2024

  1. Shade cross-deployment - cross deploy Shade app suite to Neutron, Terra, or Shade Protocol app chain existing under the Secret Network SEZ model (Secret Economic Zone)

  2. Tax tracking tools - allow users to seamless track all of their transaction interactions with the Shade App

R&D Items

The above items all have relative timelines and targets. However, the Shade Protocol team is actively participating in R&D or currently developing multiple items that we are not comfortable placing on the roadmap.

Those items are as follows:

  • Cross-chain EVM Liquidation Engine (CLE)

  • Protocol Owned Arbitrage (POA)

  • Onchain Referral Revenue Share (ORRS)

  • Cross-chain DEX aggregator

  • Institutional integrations

  • Tier II Centralized Exchange Listings

  • Silk Pay

  • Shade Mobile App

  • Shade Wallet

  • SHD burn mechanism

The Shade team looks forward to continuing to innovate & grow both the depth and width of Shade Protocol's capabilities.

The Mission

Shade is a bastion of financial freedom in a world where centralized systems have left many disillusioned. Our mission is to champion economic empowerment and liberate individuals from the constraints of conventional financial institutions.

The current financial landscape has proven itself inadequate, subjecting countless individuals to arbitrary restrictions, surveillance, and inequality. We've seen the fallout of financial crises, leaving the common people powerless in their wake.

Centralized finance often leaves the dream of financial freedom out of reach for many. Regulatory hurdles, disproportionate fees, and restricted access have confined individuals within a system that rarely serves their best interests.

Shade Protocol is a harbinger of change, a symbol of hope. We stand for financial sovereignty, where individuals hold the reins of their assets, free from the control of centralized authorities. We place our faith in blockchain technology to create a financial ecosystem that's transparent, accessible, and decentralized while protecting individual privacy.

To those who share our vision, we extend an invitation to join us in this journey toward economic liberation. Together, we'll dismantle the barriers obstructing financial freedom and pave the way for a brighter and more inclusive future. In Shade Protocol, we find the means to reshape finance, empower individuals, and break free from the limitations of the past.

Conclusion

Without privacy, DeFi is incomplete. Traditional financial markets offer a degree of privacy for users, and as a result offer up greater protections in some capacity than existing DeFi markets. Shade Protocol will be the world’s first truly cohesive decentralized and privacy-preserving financial applications — ushering in a golden era for Web3. Shade Protocol will always push for privacy by default, privacy as an expectation, and privacy as the key to unlocking the full value of a decentralized future.

Join The Shade Protocol Community

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Information provided in this post is for general informational purposes only and does not constitute formal investment advice. Please read the full disclaimer at shadeprotocol.io/disclaimer before relying on any information herein.

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