Roadmap
Chad Finance is committed to continuous innovation and improvement, with a clear roadmap to enhance its functionality, scalability, and interoperability within the DeFi ecosystem.
Near-Term Goals
Integration with Uniswap V4:
Instead of forking Uniswap V4, Chad Finance will develop a custom hook to charge 10% of all swap fees on Uniswap V4 pools.
The hook will be implemented as a smart contract conforming to Uniswap V4’s hook interface, ensuring seamless integration with the V4 core contracts.
LP positions in pools with this hook enabled will be eligible for collateralization, creating a similar mechanism to the current Chad Swap system but leveraging Uniswap V4’s advanced features, such as dynamic fees and improved capital efficiency.
Stability Pool:
Implement a stability pool, inspired by Liquity, to handle redemptions of CUSD.
Unlike Liquity, depositors in the stability pool will be able to specify the price at which their CUSD redemptions are filled, providing more flexibility and control.
The stability pool will be implemented as a smart contract that aggregates CUSD deposits and matches them with redemption requests, with pricing determined by depositor-specified thresholds.
Long-Term Vision
Expansion to Additional L2s:
Deploy Chad Finance on additional emerging L2 networks, such as Arbitrum, Optimism, and zkSync, to drive liquidity and ecosystem growth.
Optimize smart contracts for L2-specific features, such as low gas costs and fast finality, to enhance user experience and protocol efficiency.
Advanced DeFi Integrations:
Develop integrations with other DeFi protocols, such as lending platforms (e.g., Aave), yield aggregators (e.g., Yearn), and derivatives markets (e.g., Synthetix), to enhance the utility of CUSD and sCUSD.
Leverage ERC-4626 compliance to enable sCUSD to be used as a yield-bearing asset in external vaults and strategies.
Governance Enhancements:
Expand the governance capabilities of veCHAD holders, introducing more granular control over protocol parameters, such as dynamic fee adjustments, risk management policies, and stability mechanisms.
Implement advanced governance features, such as quadratic voting or delegation, to enhance participation and decentralization.
Risk Management Framework:
Develop a comprehensive risk management framework, including stress testing, liquidation protection, and emergency shutdown mechanisms, to ensure protocol resilience under extreme market conditions.
Integrate with external risk assessment tools, such as Gauntlet or OpenZeppelin Defender, to provide real-time monitoring and mitigation of risks.
Last updated