Bull markets, bear markets, crab markets.
For the teams in the crypto space who are laser-focused on ushering in the new, decentralized, open financial system, it’s all just noise.
Here at Relite, we’re on track to create the most user-friendly, interoperable, and fair, DeFi protocol that has ever graced the DeFi space.
The development team is continuing to grow, our organizational structure has taken shape, and we’re ready to rock on!
With that in mind, we’d like to take this opportunity to share our roadmap for the future!
With our hugely successful IDO now in the rearview mirror, we’ll be taking a quick moment to touch on some of the achievements the Relite team has delivered so far:
- Development of an internal Tech Whitepaper
- RELI underwent a robust security audit and passed with flying colors
- RELI listing on PancakeSwap
- BSC <-> ETH Bridge
Near imminently, we’ll be rolling out the following:
August 2021: Staking and Rewards
Currently, our community can provide liquidity to Uniswap and PancakeSwap. This opens the door for LP programs in which you can take your LP tokens and stake them within the Relite ecosystem to earn additional rewards! This will be available for both Uniswap and PancakeSwap LP tokens.
Through this, RELI holders will be empowered to earn double-dip rewards on their liquidity provisions.
September 2021: Initial Liquidity Provision
To start compounding liquidity to enable lending, we’ll open up the first USDC and DAI stablecoin pools. These pools will generate yield in addition to RELI rewards. Borrowing will not be live at this stage.
October 2021: MVP launch
The Relite community will be able to lend and borrow ETH, DAI, and BNB.
December 2021: DOT Lending
Enable DOT lending. ETH-DOT implemented.
When it comes to the long-term, we’re on track to expand our feature set to include the following:
Q1 2022: Expanding loans
Q2 2022: Expanding Collateral
Q3 2022: Full Interoperability
Q4 2022: Synth Phase
- Synthetics and Real-world assets
- One-click lending
Alongside our in-depth development schedule, we’ll be firing on the marketing front, too. The Relite team is not oblivious to the marketing required in order to ensure a successful, healthy, and active protocol.
Expect more partnerships, our reach to expand to communities in Asia, and RELI to be listed on a CEX in the near future.
On top of that, we’ll be reaching out to investors to provide the initial liquidity in the Relite Finance dApp.
Finally, and staying in line with our education-first approach, we’ll be delivering more educational content about all things Relite and DeFi!
Relite: Moving Forward
Before we wrap this one up, we want to thank each and every one of you for your unwavering support over the last few months.
The Relite team is built up of true believers in the open, decentralized, accessible future of finance that is DeFi.
The most important member of that team is you, our community. If you’ve not dived into our community yet, join us here!
Stay Up to Date