SpaceMine Roadmap
Hello fellow miners! We’re here to shed some light on the development roadmap of SpaceMine. With phase 0 rapidly approaching in the coming weeks, we hope this will prepare all our passengers for the voyage ahead.
Phase 0: Initial $MINE Distribution
=======================================
Let’s Farm!
Farm planet serves the purpose of a fair distribution of $MINE, our main ecosystem token. 70% of all $MINE will be distributed via liquidity mining to pool participants for staking their tokens. There will be 9 pools in total, 8 of which will be single token pools so that participants do not need to worry about impermanent loss, in addition to our $MINE/$ETH LP pool. The amount of $MINE rewarded in each pool are halved every 2 week for the first 6 weeks, and then remain linear until all tokens have been distributed in 6 months. There will be no fixed-length lockup commitments, or fees of any kind associated with initial liquidity mining.
Pool 0 — $MINE/$ETH LP Pool
LP Pool participants enjoy a 12x boost in reward distribution compare to other pools, as a token of our appreciation for their early support and investment in the SpaceMine ecosystem.
Pool 1 — Pool 9
Pool 1 through Pool 9 are single token pools consist of some of (obviously we can’t fit all of them in) our most respected blue chip protocols, along with interesting new projects. Their names are not listed in any particular order.
- $LINK
- $UNI
- $BNT
- $YFI
- $AAVE
- $COMP
- $WNXM
- $SUSHI
SWAP
Swap planet will also be live as soon as liquidity mining starts! We will have a following article to explain more details of our DeFi aggregated swap, and how it benefits $MINE holders.
Phase 1: Stake Your $MINE in Governance Vaults
=======================================
In the weeks following the initial distribution, once 50% of $MINE tokens have been distributed, we will kick off Phase 1, following articles will be posted to introduce more details about vaults and governance.
Vaults
$MINE holders will be able to earn additional rewards for locking their $MINE tokens in the governance vaults. Fees and a percentage of all yields generated from our ecosystem will be used to market buy $MINE and distribute to governance vault participants.
Stablecoin and $ETH vault strategies will also be released along side governance vault.
Governance
$Mine holders can propose and vote on platform parameters such as fee(reward) distributions and risk scores. And once the platform has reached a sufficient size and the community stabilized, we will give the community full control over the governance of new strategies, deprecation of old ones, as well as the deployment of treasury funds. Treasury funds will stay locked until governance has been enabled.
Phase 2: Farm and Trade Support Across the Universe
=======================================
This is where the fun begins. We have a suite of tools in development and in planning to help our fellow miners navigate the DeFi universe, as well as plans to transform SpaceMine adventure with a gamified user experience, once we have established the foundation of SpaceMine ecosystem over the previous phases. Implementation details, progress and how each new planet benefits $MINE holders will be shared once we move closer to this phase, here we will only provide a brief sneak peak of these tools:
- Portfolio tracking and monitoring across DeFi protocols.
- Trading support which provide limit order/stop loss order capabilities for multiple decentralized exchanges.
- Secret project to be announced once Vaults go live.
Join in on the voyages of the starship Enterprise.
- Website: https://spaceminedefi.com/
- Discord: https://discord.com/invite/WgPWs4kqEE
- Twitter: https://twitter.com/spaceminedefi
- Telegram: https://t.me/SpaceMineDeFi
