Hyperdex Roadmap for 2022
After the recent completion of initial smart contract audits, Hyperdex is now ready to move forward to the next phase of the project!
This includes the platform launch, HYP token IDO and the ability for users to create HyperCubes.
Here is a list of common questions about upcoming milestones expected within 2022:
When will the smart contract audits be complete?
Completed: Q2
The initial Hyperdex smart contract audits were recently completed by CertiK. These include the first investment cubes, token swap, and the HYP token.
The full audit report is available on the CertiK website.
When will the Hyperdex Platform Launch?
Expected: Q2
The launch of the Hyperdex platform is expected in the very near future! This will enable users to invest in the first cube strategies including Fixed Income, Algo Trading, and Race Trading.
When is the HYP Token IDO?
Expected: Q2
The IDO of the ecosystem’s native token, HYP, will occur after the initial platform launch.
HYP tokens will open up a world of possibilities within the Hyperdex ecosystem.
Most notably, HYP tokens will enable investors to upgrade their investment cubes to HyperCubes. By doing so, this boosts overall returns for cubes.
HYP tokens will also enable the implementation of a referral program, farm, governance token, and more.
When will Hyperdex Modular Cube launch?
Expected: Q2
The Modular cube is one of the biggest components and will truly set Hyperdex apart from other DeFi solutions.
Users may easily create and deploy their own trading strategies through our Modular cube for others to invest in. This can all be done without prior coding experience!
Hyperdex users will have access to a wide variety of strategies built by others, with their performance tracked along with other relevant data for investors (as well as a leaderboard!).
As for the strategy builders, they may decide the fee schedule and ultimately profit off their deployed strategies.
When will the Hyperdex P2P Loan Exchange be available?
Expected: Q3
The Hyperdex P2P loan exchange will enable users to lend and borrow amongst one another, with Hyperdex acting as the intermediary platform.
Users will be able to set their own terms such as the asset collateralized, amount of collateral required, interest rate, and more.
When will Hypderdex Multi-chain Development be completed?
Expected: Q4
As time goes on, Hyperdex is planning to expand beyond BSC to other EVM chains such as Fantom, Avalanche, and of course Ethereum.
This will help grow the overall ecosystem and enable more users to access the platform.
When will Hyperdex Governance tokens be available?
Expected: Q4
In the long run, Hyperdex plans to function as a DAO by implementing a governance token. These will be called ‘Tesseract’ tokens.
Tesseract tokens will have a unique distribution mechanism. Periodically, a snapshot of HYP token holders will be taken. Afterwards, Tesseract tokens will be distributed based on the amount held during the snapshot.
Tesseract tokens are non-transferable and are designed to function solely as governance tokens.
Final Notes
While these are some of the major milestones for 2022, there will be a lot of smaller ones in between.
The Hyperdex team is extremely excited about the road forward, and hope the rest of our community is too!
