Roadmap

To provide a clear roadmap, we have divided the goals into steps.

Finally, it's a roadmap not a to-do list.
Crypto moves fast, and we move fast too.
Pivoting is a way of life.
That means that we don’t publicly commit to specific timelines, so we can organize our development priorities based on market changes and developer resources.
Previously launched and future launches
Type
Launch Date 
Status
​Trading Competition 
25th May. 2022
✅
​PALM Alpha NFT​
20th Sept. 2022
✅
​PALM Pad​
10th Sept. 2022
✅
PALM TGE
30th Sept. 2022
✅
​Staking & Farm ​
30th Sept. 2022
✅
Hybrid DEX 
Oct. 2022
✅
v1 Alpha Mainnet 
Nov. 2022
Postponed
v1 Public Mainnet 
Dec. 2022 
Postponed
Hybrid v2 DEX 
Q3 2023 
⏳
More detailed roadmap
Phase 1: Exchange
Exchange v1
Status 95% Completed
Trading with virtual AMM on BSC
Completed
Basic exchange user interface
Completed
Trading with leverage
Completed
Chainlink price feed creation
Completed
Hourly funding payments
Completed
Liquidation process
Completed
Invite & Bonus program
Completed
Limit / Take Profit / Stop / Conditional
Completed
Protocol protection process in case of strong deviation from index price
Completed
Trading Cycles
Completed
Arbitrage Bot
Completed
Liquidation Bot
Completed
Internal tests on the DEX
Completed
Internal smart contract audit
Completed
Bug Bounty
in Planning
Mobile UI
In process
Improved trading interface
Completed
Testnet Release
Completed
Smart contract Audit
Completed
Phase 2: Ecosystem
Token
Status 95% Completed
Blockrewards
Completed
Staking Pools 
Completed
LP Farm
Completed
Governance
Not started
Trading Cycle 
Completed
Retroactive Trading Rewards 
Completed
Audit
Completed
Phase 3: Future
Mainnet v2
Status: not started
R&D for other mechanisms to improve trading quality through lower spread as well as faster execution. Switch from vAMM to Dvamm.
​
Decentralized Funds (Super exciting)
​
Protocol Governance (Super exciting)
​
Trading Interface redesign
​
Bug Bounty
​
Audit
​
​

Type	Launch Date	Status
Trading Competition	25th May. 2022	✅
PALM Alpha NFT	20th Sept. 2022	✅
PALM Pad	10th Sept. 2022	✅
PALM TGE	30th Sept. 2022	✅
Staking & Farm	30th Sept. 2022	✅
Hybrid DEX	Oct. 2022	✅
v1 Alpha Mainnet	Nov. 2022	Postponed
v1 Public Mainnet	Dec. 2022	Postponed
Hybrid v2 DEX	Q3 2023	⏳

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🔄 Exchange

Last modified 20d ago

Exchange v1	Status 95% Completed
Trading with virtual AMM on BSC	Completed
Basic exchange user interface	Completed
Trading with leverage	Completed
Chainlink price feed creation	Completed
Hourly funding payments	Completed
Liquidation process	Completed
Invite & Bonus program	Completed
Limit / Take Profit / Stop / Conditional	Completed
Protocol protection process in case of strong deviation from index price	Completed
Trading Cycles	Completed
Arbitrage Bot	Completed
Liquidation Bot	Completed
Internal tests on the DEX	Completed
Internal smart contract audit	Completed
Bug Bounty	in Planning
Mobile UI	In process
Improved trading interface	Completed
Testnet Release	Completed
Smart contract Audit	Completed

Token	Status 95% Completed
Blockrewards	Completed
Staking Pools	Completed
LP Farm	Completed
Governance	Not started
Trading Cycle	Completed
Retroactive Trading Rewards	Completed
Audit	Completed

Mainnet v2	Status: not started
R&D for other mechanisms to improve trading quality through lower spread as well as faster execution. Switch from vAMM to Dvamm.
Decentralized Funds (Super exciting)
Protocol Governance (Super exciting)
Trading Interface redesign
Bug Bounty
Audit