Phase Strategic Upgrade: Product Advancement, Fundraising Plan, and Liquidity Structure Adjustment
Proposal Summary
This proposal aims to report recent product progress and future development plans to the community and request a phase strategic upgrade, including:
- Summarizing recently completed core development and deployed features
- Clarifying the key functional directions for upcoming work
- Outlining long-term development goals
- Initiating a community fundraising plan and preparation for CEX listing
- Adjusting existing liquidity structures in line with fundraising and listing plans The core objective of this adjustment is to optimize resource allocation and capital efficiency, laying the foundation for FomoWell’s next stage of growth.
Proposal Content
I. Recent Development and Deployment Progress
In the past phase, the team has completed multiple key development and deployment tasks focused on product refinement and foundational capability building, including:
- New UI fully developed, tested, and officially launched
- Expansion of asset issuance parameters to support more flexible supply settings
- Tax customization feature during issuance developed and deployed
- Enhanced multi-protocol asset compatibility support
- Optimized USDT deposit logic, simplifying processes and improving stability and fund handling efficiency
- Optimized trading logic and performance, improving system responsiveness and stability under high-frequency trading scenarios
- Continuous improvements to user interaction details and interface smoothness These updates further enhance FomoWell’s product maturity and scalability, laying the groundwork for subsequent feature expansion.
II. Key Development Directions for the Next Phase
In the next phase, product development will focus on capability expansion and structural upgrades in the following areas:
- Further parameterization and structural optimization of the asset issuance module
- Design and development of prediction market functionality to enrich on-chain asset application scenarios
- Launch of on-chain contract trading functionality, gradually introducing BTC native on-chain derivatives and contract trading systems
- Upgrades to data display and asset analytics modules
- Enhanced developer interface capabilities
- Continuous optimization of overall platform performance and system scalability The goal is to increase product depth and ecosystem capacity while maintaining security and stability.
III. Long-term Development Goals
In the long term, FomoWell aims to:
- Build an aggregated Bitcoin asset hub
- Become a key infrastructure in the BTCFi ecosystem
- Provide secure, transparent, and parameter-customizable asset issuance and trading capabilities
- Establish a sustainable community-driven growth model Future development will continue to focus on product capabilities, asset breadth, liquidity structure, and market influence.
IV. Community Fundraising, CEX Listing, and Liquidity Structure Adjustment
To advance the project into the next growth stage, the team plans to initiate:
- A community fundraising campaign
- Preparations for centralized exchange (CEX) listing To align with fundraising and CEX listing plans, current liquidity structures need adjustment.
Liquidity currently deployed on ICPSwap and KongSwap will be withdrawn and reorganized.
Conclusion
This proposal aims to promote FomoWell’s next stage of development through product upgrades, capability expansion, and capital structure adjustments.
We hope to complete this phase strategic upgrade with the community under the DAO governance framework, creating favorable conditions for subsequent growth and market expansion.
This proposal was created using https://ic-toolkit.app
Motion Proposal:
Motion Text:
A motion for Phase Strategic Upgrade