in this post, i will outline a short-term roadmap with a clear purpose title:: year/54/roadmap
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
main loop
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 cyb/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
energy reform
the only possible fix for $A and $V is to redeploy tokens
we realized it is a good time for a complete redesign of energy tokenomics
it will take a month or two
in the end, we will have tokenomics designed to add value rather than extract it from the system
actions include the following cips:
- energy mint using curve
- change economics of cyberlink creation
- collect fee on moving A and V
- staking on particles and eternal particles
- staking on cyberlinks and eternal cyberlinks
until we redeploy tokens, the only way to obtain energy is to mint it using the old rules
energy will also remain non-transferable until redeployment
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
deploy cybernet
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
burn gas in H
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
deploy dao dao
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