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StonkBase Protocol Roadmap

Phase 0, Q1 2021 - StonkBase Genesis

All systems go. Ignition. Lift off. A fully functional protocol to create & farm synthetic stocks on Ethereum has launched.

โœ… Complete Launch StonkBase Protocol

  • The StonkBase protocol was launched Feb 2021.
  • Contracts for StonkBase can be seen here.
  • For more info see the introduction post.
  • Gratitude and respect to Uma.

โœ… Complete Launch First Stonk

  • In March we launched the first synth stonk, for Game Stop of course.
  • See the (now expired) synth GME-MAR21 on Uniswap.

โœ… Complete Launch Stonk Minter dApp v1

โœ… Complete Launch Yield Farming dApp v1 & begin rewards

  • This is a dApp where users can Yield Farm stonks to receive $SBF rewards.
  • Farming was active for GME-MAR21, with rewards with a temporary pre-farm token, SBF-MAR21, which will be redeemed 1:1 for $SBF at $SBF launch.
  • See the Yield Farming dApp

Phase 1, Q1 2021 - Distribution of $SBF Voting Token

Release the StonkBase $SBF voting token. We designed a distribution rollout to maximize access & liquidity.

๐Ÿฆ„ Add $SBF on Uniswap

Phase 2, Q2 2021 - Decentralize, Put $SBF Holders in Control

After the $SBF Voting Token is launched and distributed, we will begin migrating control of StonkBase from the first devs to $SBF holders.

๐Ÿ”ท Launch 10 More Stonks via DAO vote

Immediately after the listing of $SBF on Uniswap, we will launch 10 new stonks. This will be the first major community DAO decision. The stonks will be chosen by $SBF holders and will be voted on via our Snapshot. Voting via Snapshot is a temporary solution while we get the community on-boarded to voting via a UNIP process though the DVM.

๐Ÿ”ท Launch Yield Farming for $SBF & Stonks

To encourage the community to provide liquidity on Uniswap for the $SBF token and the 10 new Stonk tokens, we will offer Yield Farming rewards in $SBF on the Yield Farming dApp shortly after new Stonks are launched.

๐Ÿ”ท Launch community run Liquidation & Dispute Bots

About the bots (via Uma):

The Liquidator bot continuously monitors if a position is properly collateralized by referencing off-chain price feeds. Liquidators are incentivized with rewards to identify and liquidate undercollateralized positions. If a position is liquidated by a liquidator bot there will be a 2-hour delay before the liquidation is finalized.

During the 2-hour delay, Disputer bots are incentivized to monitor contracts. Similar to Liquidators, Disputers reference their own off-chain price feeds to determine if a liquidation was valid or invalid. If invalid, the dispute bot will dispute the liquidation which will call the oracle.

  • After the launch of $SBF, anyone can run the bots which rewards operators with $SBF.
  • Prior to the the launch of $SBF, the StonkBase team is running the only bot.
  • Both bots will be available on our Github and configured for the StonkBase contracts.

๐Ÿ”ท Launch Voter dApp

  • The voter dApp is the interface to the StonkBase Data Verification Mechanism (DVM).
  • It's where $SBF holders vote on critical proposals such as: resolving disputes, launching new stonks, and adding new collateral currencies.
  • For more info on the design of the DVM please see this.

๐Ÿ”ท Begin on-boarding $SBF community to UNIP process

  • Soon community will be proposing & voting on which new Stonks to launch.

๐Ÿ”ท Begin issuing Grants & Rewards

  • We will start issuing dev grants to being work on Phase 3 features.
  • We will also begin vested airdrops of $SBF to $UMA holders & other contributors. Details on this rollout will be outlined after $SBF release.

Phase 3, Q3 2021 - Upgrade

๐Ÿ”ท Launch Stonk Minter dApp v1 with realtime market data

  • Launch a major version upgrade to the Minter & Farming dApps.
  • Integrate Minter & Farmer dApps together.
  • Will bring in stock market charts with realtime stock market info, and generally feel like a trading interface.

๐Ÿ”ท Migrate $SBF treasury to DAO.

  • There are several pools of $SBF allocated for the community, dev grants, etc.
  • We plan to migrate the $SBF treasury to a dApp in which the StonkBase community votes on dev grants.

๐Ÿ”ท Community regularly launching Stonks via UNIP