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VOOI:roadmap

This document outlines the phased implementation strategy for VOOI, designed to seamlessly integrate new features and capabilities over time. While the general development phases are clear and fixed from the start, the specifics of implementation and exact features may be adjusted based on market conditions and demand.

Additionally, we recommend two resources to stay updated on VOOI's progress:

  • Data on VOOI: Explore data related to VOOI using Dune’s comprehensive analytics tools: VOOI Dashboard

  • Release Notes: For detailed release notes, refer to our VOOI:releaseNotes document.

  • VOOI Unified Trading Terminal can be accessed at https://app.vooi.io

Launch and Product Development Strategy Overview

The launch and product development of VOOI are structured into three key phases, each comprising multiple sub-phases:

  • Phase 1: 2024 Q2 – VOOI Unified Trading Terminal

  • Phase 2: 2024 Q3 – VOOI Chain Abstraction Approach

  • Phase 3: 2025 Q1 – VOOI PRO

These phases may progress partly in parallel, allowing for continuous development and refinement. The duration of each phase ranges from one to three months, with individual sub-phases lasting approximately 2-3 weeks.

What Has Been Accomplished

Currently, we are completing Phase 1: VOOI Unified Trading Terminal, Season 2 (beta): see Scheme 1 below.

Launching with the VOOI Unified Trading Terminal provides users with a single, consolidated tool for interacting with various perpetual DEXs across different networks.

  • (one) In May 2024, we released VOOI Unified Trading Terminal with support for the first perpetual DEX: Orderly on networks such as Arbitrum, Optimism, Base, and Polygon.

  • (two) Following Orderly’s integration in Season 1 of Phase 1, support for the second perpetual DEX: KiloEx on opBNB, BNB Chain, Taiko, and Manta was added.

  • (three) Further Expansion! Released support for the third perpetual DEX on SynFutures, Blast, and Base.

  • (four) Added support for Ebi on Ethereum, Arbitrum, and BNB Smart Chain.

For each integrating perp DEX we provided traders with:

  • Feature Set: Provided a set of functions for optimal trading, which may differ for each perpetual DEX.

  • Rebates: Enabled rebates for each integrated perpetual DEX, offering users advantageous trading fee redistributions when trading through VOOI.

  • Referral Program: Implemented a customized referral program for each perpetual DEX.

  • Access to airdrops: Combined referral programs and rebates to offer users more merit points for more interesting airdrops.

We also launched a Telegram mini app version of the VOOI Trading Terminal, designed for educational and gamified engagement to help onboard more users into DeFi and perp DEX trading. You can access the mini app at @VooiAppBot.

To summarize achievements:

  1. VOOI Unified Trading Terminal supports four perp DEXs: Orderly, KiloEx, SynFutures, and Ebi.

  2. Rebates, referral programs, and airdrop access are available for all DEXs (except Ebi).

  3. Additional Features: Integrated trading automation on Orderly using single bots from Alertatron.

  4. Improvements: Enhanced the VOOI Unified Trading Terminal with TradingView charts, Pyth oracle, and multi-chain support.

  5. Gamification: Introduced game and educational elements with the launch of a Telegram version of the VOOI Trading Terminal.

Nearest Plans

As we near the completion of Phase 1, we will focus on the following tasks:

Terminal Enhancements and Unified Trading Functionality

  • Consolidated Order Book: Implement a consolidated order book across supported perpetual DEXs.

  • User Experience: Continue enhancing the user experience with the VOOI Unified Trading Terminal.

Support for New Perp DEXs

  • HyperLiquid: Introduce support for HyperLiquid.

  • Additional DEXs: Consider adding support for another perpetual DEX in Season 3 of Phase 1. More details to be announced later.

Future Plans

Phase 2: Chain Abstraction Approach

  • Season 1 (x): We'll focus on the chain abstraction model, reducing operational complexities and transaction costs for our users. This model simplifies interactions across diverse blockchain environments.

  • Season 2 (y): This season will extend our platform's capabilities by adding new perpetual DEXs, and new chains further broadening our reach and utility in the DeFi landscape.

For Phase 2 of the VOOI rollout, the focus for Phase 2 is on enhancing and finalizing the chain abstraction features that are crucial for improving the trading experience on our platform.

Incorporating Phase 1 Insights: The insights and data gathered from the launch of Phase 1 are invaluable to this phase. They allow us to refine our chain abstraction features based on real user feedback and interactions. By analyzing how traders use the Unified Trading Terminal and their responses to its features, we can make targeted adjustments that significantly enhance functionality and user satisfaction.

Phase 3: VOOI PRO

As our list of supported perpetual DEXs grows, the necessity for advanced automation and efficient order routing becomes paramount. This phase will introduce a sophisticated set of automation tools and smart order routing capabilities, designed to streamline and optimize the trading experience.

Conclusion

Each phase and its seasons are created to build upon the previous, ensuring a logical progression and integration of features that respond directly to the needs of the DeFi trading community. The upcoming sections of our documentation will provide detailed insights into how these goals are achieved, helping users understand the full scope and functionality of VOOI. Stay tuned as we continue to lead innovation in the DeFi space.

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