Lesson 5

Future Outlook and Roadmap

A look ahead at Interlay's growth and innovation plans in the final section. We will explore the upcoming Interlay 2.0 upgrade, new financial products (such as Bitcoin-backed stablecoins and derivatives), and improvements to governance mechanisms. This module will also introduce Interlay's developer incentive program, cross-chain expansion plans, and its vision as a decentralized financial hub for Bitcoin.

Release of Interlay 2.0

Interlay is preparing to transition to Interlay 2.0, a comprehensive upgrade that will introduce new features and improvements to the platform.

Core Features

  • Enhanced Scalability: Introducing advanced expansion solutions to accommodate the growing user base and transaction volume.
  • Optimize user experience: redesign interface and workflow to make user interaction more intuitive and efficient.
  • Expand DeFi integration: integrate with more DeFi protocols to provide users with a wider range of financial service options.

Expected Impact

  • Increase user adoption: By providing a more powerful and user-friendly platform, Interlay aims to attract a wider audience, including individual users and institutional participants.
  • Driving Ecosystem Growth: This upgrade is expected to stimulate the development of new decentralized applications (dApps) and services within the Interlay ecosystem.

The upgrade of Interlay 2.0 marks an important milestone in the platform's evolution, laying the foundation for future innovation and expansion.

Expand cross-chain functionality

Building on existing interoperability, Interlay plans to extend cross-chain functionality to more blockchain networks. Users will be able to access a wider range of DeFi platforms and services, covering different blockchain ecosystems. The expanded cross-chain support will bring greater liquidity to interBTC (iBTC) and other ecosystem assets. These integrations aim to position Interlay as a central hub for multi-chain DeFi activities, maximizing the usability of Bitcoin across various blockchain networks.

Introducing new financial products

Interlay is about to launch a series of new financial products aimed at enhancing the practicality of iBTC and providing users with more options for managing digital assets.

  • Bitcoin-supported stablecoins: Launch stablecoins collateralized by Bitcoin, providing users with a stable trading medium and value storage tool in the DeFi ecosystem.
  • Derivatives and futures: Develop bitcoin-based derivatives that allow users to hedge positions and participate in price trends.
  • Structured investment products: create investment tools that combine multiple assets and strategies, providing customized risk and return allocation solutions.

Strengthening governance mechanisms

Interlay is committed to improving its governance framework to ensure that the platform remains decentralized, transparent, and actively responds to community feedback.

  • Decentralized Autonomous Organization (DAO) ImplementationGradually transition to the DAO structure, giving the community greater decision-making power.
  • Enhanced Voting SystemIntroduce mechanisms such as quadratic voting to ensure fairness and equal participation in the governance process.
  • Regular community consultationEstablish forums and communication channels to promote ongoing dialogue between development teams and user communities.

Launch developer incentive program

To promote innovation and expand the ecosystem, Interlay plans to launch an incentive program for developers and entrepreneurs.

  • Funding and Financial SupportProvide funding support for projects based on Interlay infrastructure to develop or enhance their functionality.
  • Hackathon and CompetitionOrganize activities to encourage the development of innovative dApps and solutions.
  • Guidance and ResourcesProvide guidance, technical support and educational materials to help developers turn their ideas into reality.

These incentive plans are expected to promote the birth of diverse dApps and services, injecting vitality into the Interlay ecosystem. By providing support and resources, Interlay hopes to attract top talents and innovative thinking to join its platform, jointly promoting the development of the ecosystem.

Disclaimer
* Crypto investment involves significant risks. Please proceed with caution. The course is not intended as investment advice.
* The course is created by the author who has joined Gate Learn. Any opinion shared by the author does not represent Gate Learn.
Catalog
Lesson 5

Future Outlook and Roadmap

A look ahead at Interlay's growth and innovation plans in the final section. We will explore the upcoming Interlay 2.0 upgrade, new financial products (such as Bitcoin-backed stablecoins and derivatives), and improvements to governance mechanisms. This module will also introduce Interlay's developer incentive program, cross-chain expansion plans, and its vision as a decentralized financial hub for Bitcoin.

Release of Interlay 2.0

Interlay is preparing to transition to Interlay 2.0, a comprehensive upgrade that will introduce new features and improvements to the platform.

Core Features

  • Enhanced Scalability: Introducing advanced expansion solutions to accommodate the growing user base and transaction volume.
  • Optimize user experience: redesign interface and workflow to make user interaction more intuitive and efficient.
  • Expand DeFi integration: integrate with more DeFi protocols to provide users with a wider range of financial service options.

Expected Impact

  • Increase user adoption: By providing a more powerful and user-friendly platform, Interlay aims to attract a wider audience, including individual users and institutional participants.
  • Driving Ecosystem Growth: This upgrade is expected to stimulate the development of new decentralized applications (dApps) and services within the Interlay ecosystem.

The upgrade of Interlay 2.0 marks an important milestone in the platform's evolution, laying the foundation for future innovation and expansion.

Expand cross-chain functionality

Building on existing interoperability, Interlay plans to extend cross-chain functionality to more blockchain networks. Users will be able to access a wider range of DeFi platforms and services, covering different blockchain ecosystems. The expanded cross-chain support will bring greater liquidity to interBTC (iBTC) and other ecosystem assets. These integrations aim to position Interlay as a central hub for multi-chain DeFi activities, maximizing the usability of Bitcoin across various blockchain networks.

Introducing new financial products

Interlay is about to launch a series of new financial products aimed at enhancing the practicality of iBTC and providing users with more options for managing digital assets.

  • Bitcoin-supported stablecoins: Launch stablecoins collateralized by Bitcoin, providing users with a stable trading medium and value storage tool in the DeFi ecosystem.
  • Derivatives and futures: Develop bitcoin-based derivatives that allow users to hedge positions and participate in price trends.
  • Structured investment products: create investment tools that combine multiple assets and strategies, providing customized risk and return allocation solutions.

Strengthening governance mechanisms

Interlay is committed to improving its governance framework to ensure that the platform remains decentralized, transparent, and actively responds to community feedback.

  • Decentralized Autonomous Organization (DAO) ImplementationGradually transition to the DAO structure, giving the community greater decision-making power.
  • Enhanced Voting SystemIntroduce mechanisms such as quadratic voting to ensure fairness and equal participation in the governance process.
  • Regular community consultationEstablish forums and communication channels to promote ongoing dialogue between development teams and user communities.

Launch developer incentive program

To promote innovation and expand the ecosystem, Interlay plans to launch an incentive program for developers and entrepreneurs.

  • Funding and Financial SupportProvide funding support for projects based on Interlay infrastructure to develop or enhance their functionality.
  • Hackathon and CompetitionOrganize activities to encourage the development of innovative dApps and solutions.
  • Guidance and ResourcesProvide guidance, technical support and educational materials to help developers turn their ideas into reality.

These incentive plans are expected to promote the birth of diverse dApps and services, injecting vitality into the Interlay ecosystem. By providing support and resources, Interlay hopes to attract top talents and innovative thinking to join its platform, jointly promoting the development of the ecosystem.

Disclaimer
* Crypto investment involves significant risks. Please proceed with caution. The course is not intended as investment advice.
* The course is created by the author who has joined Gate Learn. Any opinion shared by the author does not represent Gate Learn.