- in this post, i will outline a short-term roadmap with a clear purpose
- for recovering from chernobyl: the bug introduced in the recent update
- as well as actions needed to address the price crisis
- the main goal is to deliver short, impactful changes to shift swap price dynamics from negative to positive
- this is the core of the cyber and cyb idea, which must always be the top priority for the team
- we currently have something very close to grok like link-based content response system
- optimizing this system is a growth point, including the funnel for selling the product
optimize the team
- currently, all cybercongress rewards flow into the cybercongress fellows program
- this significantly impacts the price negatively
- however, program efficiency is low: only ~7 out of ~20 fellows are really active and helpful
- the solution is as follows:
- form a cyber core team from active members and pay them in external tokens
- reduce fellowship rewards by 7 times
- as a result, we will have an agile, dedicated team supported by a broad community that contributes as volunteers with some rewards
- cyber congress has 10 ETH remaining in the Euler Foundation smart contract and about $70,000 in liquidity
- we will use these resources to pay the core team temporarily
reduce validator set to 42
- during the recent update, more than half of the validators showed indifference to the project
- this indifference has continuously impacted $BOOT price negatively
- in reality, a reliable network does not require so many validators
- we have decided to focus on an agile, proactive validator set
- in the coming days, we will propose reducing the validator set
- once the economics improve, we can consider expanding the validator set again
close gift
- the stake in the gift increases staking rewards threefold
- this action alone can significantly impact $BOOT sell pressure
- the simplest solution is to burn it
- we will need a consensus update for this
- notes on this are available in the following cip: finalization of $BOOT distribution
fix channels
- approximately $100,000 is stuck in channels
- it will take several months to resolve this
- this must remain a top priority
bridge to ethereum
- we need a simple, functional bridge with the largest ecosystem
- focus will be on building the UX and necessary infrastructure using graviton
- this action also enables listing $BOOT on Uniswap
deploy new dex
- the fastest and most reliable solution is to deploy astroport
- after migrating the frontend to the new dex, we will deploy a network upgrade to phase out old liquidity
- we have already tested cybernet in spacepussy
- what remains is reaching consensus on the root rewarding token and its economics
- deploying it as soon as possible is essential
- this is a core business model for any blockchain
- the sooner we implement it, the better
- the goal is to implement an eip1559-like mechanism
- an excellent software addition that could add significant utility to the network
- includes daodao for senate and more
cybergraph and memes
- memes are the future and an ideal use case for cybergraph
- transforming nebula into memebula is a straightforward and efficient action
- we will design a simple interface for minting memes with robust yet simple economics
- this approach allows us to harness the power of memes and cybergraph together
multinetwork support in cyb
- we have a strong spacepussy narrative
- however, there is currently no support in cyb
- adding this support will bring cyber-sdk closer to its vision
- this addition will also bring the power of memes to the cyber project
conclusion
- we presented a roadmap for actions during upcoming hype
- that must change price dynamics and economics of the project
- we believe each of this actions will immediately bring positive outcome for all moon citizens