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roadmap for hype
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mastercyb committed Nov 7, 2024
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- [[roadmap for hype]]
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- in this post, i will outline a short-term roadmap with a clear purpose
- for recovering from chernobyl: the bug introduced in the recent update
- as well as actions needed to address the price crisis
- the main goal is to deliver short, impactful changes to shift swap price dynamics from negative to positive
- ## [[main loop]]
- this is the core of the cyber and cyb idea, which must always be the top priority for the team
- we currently have something very close to grok like link-based content response system
- optimizing this system is a growth point, including the funnel for selling [[the product]]
- ## optimize the team
- currently, all [[cybercongress]] rewards flow into the [[cybercongress fellows]] program
- this significantly impacts the price negatively
- however, program efficiency is low: only ~7 out of ~20 fellows are really active and helpful
- the solution is as follows:
- form a cyber core team from active members and pay them in external tokens
- reduce fellowship rewards by 7 times
- as a result, we will have an agile, dedicated team supported by a broad community that contributes as volunteers with some rewards
- [[cyber congress]] has 10 ETH remaining in the Euler Foundation smart contract and about $70,000 in liquidity
- we will use these resources to pay the core team temporarily
- ## reduce validator set to 42
- during the recent update, more than half of the validators showed indifference to the project
- this indifference has continuously impacted [[$BOOT]] price negatively
- in reality, a reliable network does not require so many validators
- we have decided to focus on an agile, proactive validator set
- in the coming days, we will propose reducing the validator set
- once the economics improve, we can consider expanding the validator set again
- ## close gift
- the stake in the gift increases staking rewards threefold
- this action alone can significantly impact $BOOT sell pressure
- the simplest solution is to burn it
- we will need a consensus update for this
- notes on this are available in the following [[cip]]: [[finalization of $BOOT distribution]]
- ## fix channels
- approximately $100,000 is stuck in channels
- it will take several months to resolve this
- this must remain a top priority
- ## bridge to ethereum
- we need a simple, functional bridge with the largest ecosystem
- focus will be on building the UX and necessary infrastructure using [[graviton]]
- this action also enables listing [[$BOOT]] on Uniswap
- ## [[energy reform]]
- the only possible fix for [[$A]] and [[$V]] is to redeploy tokens
- we realized it is a good time for a complete redesign of energy tokenomics
- it will take a month or two
- in the end, we will have tokenomics designed to add value rather than extract it from the system
- actions include the following [[cips]]:
- [[energy mint using curve]]
- [change economics](https://x.com/cyber_devs/status/1853233551468122554) of cyberlink creation
- [[collect fee on moving A and V]]
- [[staking on particles]] and [[eternal particles]]
- [[staking on cyberlinks]] and [[eternal cyberlinks]]
- until we redeploy tokens, the only way to obtain energy is to mint it using the old rules
- energy will also remain non-transferable until redeployment
- ## deploy new dex
- the fastest and most reliable solution is to [deploy astroport](https://github.com/cybercongress/warp)
- after migrating the frontend to the new dex, we will deploy a network upgrade to phase out old liquidity
- ## deploy [[cybernet]]
- we have already tested [[cybernet]] in spacepussy
- what remains is reaching consensus on the root rewarding token and its economics
- deploying it as soon as possible is essential
- ## [[burn gas in H]]
- this is a core business model for any blockchain
- the sooner we implement it, the better
- the goal is to implement an [[eip1559]]-like mechanism
- ## deploy [[dao dao]]
- an excellent software addition that could add significant utility to the network
- includes [[daodao for senate]] and more
- ## cybergraph and memes
- memes are the future and an ideal use case for [[cybergraph]]
- transforming [[nebula]] into memebula is a straightforward and efficient action
- we will design a simple interface for minting memes with robust yet simple economics
- this approach allows us to harness the power of memes and [[cybergraph]] together
- ## multinetwork support in cyb
- we have a strong [[spacepussy]] narrative
- however, there is currently no support in [[cyb]]
- adding this support will bring [[cyber-sdk]] closer to its vision
- this addition will also bring the power of memes to the [[cyber]] project
- ## conclusion
- we presented a roadmap for actions during upcoming hype
- that must change price dynamics and economics of the project
- we believe each of this actions will immediately bring positive outcome for all [[moon]] citizens

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