Stronghodl roadmap
StrongHodl Roadmap
The StrongHodl roadmap outlines our commitment to building a robust, flexible, and community-driven platform for synthetic BTC. Each phase of development brings new features and capabilities, enhancing user experience, expanding DeFi integrations, and fostering decentralized governance.
Phase 1: Launch shBTC Protocol on Ethereum and Solana
In the initial phase, StrongHodl will focus on launching the shBTC protocol on both Ethereum and Solana, the primary ecosystems for DeFi. This phase includes:
• Minting and Redemption Mechanism: Deploying the infrastructure to mint and redeem shBTC 1:1 with BTC, allowing users to tokenize their Bitcoin holdings into synthetic BTC.
• Security Integration: Leveraging Babylon Protocol for secure staking and liquidity, ensuring shBTC is fully backed and secure on both chains.
• Initial DeFi Partnerships: Integrating with foundational DeFi platforms like Aave and Lido on Ethereum, and Jito and Solayer on Solana, allowing shBTC holders to immediately earn yield through lending, staking, and liquidity provision.
• Ten initial Fortresses will be established, generating additional yields for participants through Bitcoin staking and the StrongHodl token. These Fortresses will not only focus on maximizing economic benefits for their members but also play a fundamental role in creating a proto-governance for the protocol.
Estimated Completion: Q1 2025
Phase 2: Activate Cross-Chain Bridging and User Role Management
Phase 2 will introduce cross-chain bridging functionality and a role-based user management system to enhance protocol accessibility and user engagement.
• Cross-Chain Bridge: Enabling secure transfers of shBTC between Ethereum and Solana, giving users the flexibility to move their assets across chains and benefit from both ecosystems.
• User Role Management System: Implementing a role-based access system with tiers such as Apostol, Profeta, and Sacerdote, granting various privileges and rewards based on user activity and staking level. Higher roles will allow users to invite others and access exclusive benefits within StrongHodl.
Estimated Completion: Q2 2025
Phase 3: Expand API Integrations with Additional DeFi Partners
In Phase 3, StrongHodl will broaden its reach by integrating APIs with additional DeFi platforms on Ethereum and Solana, offering more yield and liquidity options for shBTC holders.
• New DeFi Partnerships: Partnering with a wider range of DeFi platforms, such as Curve, Balancer, and Eigenlayer on Ethereum, and Orca, Raydium, and Mango Markets on Solana, allowing shBTC to be used for lending, borrowing, and liquidity provision.
• Enhanced API Accessibility: Developing comprehensive APIs for easy integration with partner platforms, ensuring smooth user access to diverse DeFi products and expanding shBTC’s utility across DeFi ecosystems.
• Yield Aggregation Tools: Introducing yield aggregation solutions to help shBTC holders maximize returns through automated strategies and DeFi protocol combinations.
Estimated Completion: Q4 2025
Phase 4: Implement Community Governance and Protocol Expansion
The final phase will establish community governance through the formation of the StrongHodl DAO and expand protocol capabilities based on user feedback and decentralized decision-making.
• StrongHodl DAO Launch: Establishing a decentralized governance structure where community members with governance tokens can vote on protocol updates, fee adjustments, and new partnerships.
• Community Proposals and Voting: Enabling token holders to propose changes, ensuring StrongHodl’s evolution aligns with community interests and needs.
• Expansion to Additional Chains: Exploring support for other blockchain networks beyond Ethereum and Solana, depending on user demand and ecosystem development, to make shBTC even more versatile and accessible.
• Future Revenue Sharing (“Fee Switch”): Pending regulatory approval, incorporating a “Fee Switch” mechanism, allowing token holders to potentially receive a share of protocol fees, rewarding their active involvement and commitment.
Estimated Completion: Q1 2026
Looking Ahead
StrongHodl’s phased approach ensures a stable, secure, and user-centric protocol, with each phase building upon the last to deliver a comprehensive and decentralized staking experience for Bitcoin holders. By following this roadmap, StrongHodl aims to empower its community and expand the impact of Bitcoin within the DeFi ecosystem.
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