Roadmap
Last Updated: July 2025 – Version 3
Blockchain moves fast. So do we. Paragon is evolving from a classic AMM into a Flow DEX where swaps are intents, orders are batch-cleared, and surplus is shared between traders, LPs, and $XPGN lockers. Alongside, we’re launching on-chain index tokens (P10, etc.) with transparent mint/redeem.
We avoid rigid dates, but we publish clear deliverables, gates, and safety checks. Some details (solver internals, production infra) stay private until launch to protect users and IP.
Status legend
✅ shipped - 🧪 testnet beta - 🧱 in progress - 🧭 researching / queued
NOW → Testnet Sprint (3–4 weeks)
1) Flow DEX (PoBE) — intent mode
🧪 EIP-712 Intents (sellToken, buyToken, amountIn, minOut, deadline, prefs)
🧪 Micro-batcher (1-block windows on BNB testnet)
🧪 Default solver (Paragon pools only, single/multi-hop)
🧪 FlowSettlement contract
verifies signatures & minOut, executes best path via Router
computes surplus and splits default 60% trader / 30% LPs used / 10% stXPGN lockers
🧪 Rebate vaults
TraderRebateVault (instant claim / auto-stake to stXPGN)
LPRebateVault (accrues by pool + block snapshot; claimable by LPs)
🧪 UI: “Swap with Intent (beta)” toggle, “You saved X%” cashback banner
🧱 Paragon Shield integrated path (private submission, anti-MEV, slippage guard)
Quality gates to graduate testnet → mainnet
≥ 500 intents settled, revert rate < 1.0% (non-user error)
Surplus accounting equals solver trace (± 0.01%)
No P0/P1 bugs for 7 days; emergency pause tested on-chain
2) Index Tokens (P10 first)
🧪 P10 (Top-10 index) ERC-20 with on-chain NAV
🧪 BasketOracle
NAV = basket TWAPs (AMM oracles) + external median (rate-limited)
Circuit breakers & max drift before mints/redeems pause
🧪 Mint/Redeem flows
mint by depositing the basket or single-asset zap
redeem to basket or single asset (subject to caps and slippage)
🧪 UI: P10 page (what it tracks, live NAV, premium/discount, mint/redeem)
🧱 Rebalancer sim (off-chain/keeper), dry-run events & costs
Quality gates
NAV error vs reference < 0.20% median, < 0.50% max under stress
Rebalance simulation across 30 days without exceeding caps
Pause & emergency remove-component flows validated
3) Farms, Gauges & Analytics
🧱 Utilization metrics (volume share, price-impact smoothness, liquidity-minutes)
🧪 Display Flow Earnings on LP pool pages (separate from swap fees)
🧪 Best-Execution Leaderboard (top trader savings, top LP flow earners)
🧱 Type-safe SDK v1 (intents + rebate reads) and indexer/subgraph updates
4) Security & Ops
✅ All contracts verified; timelocks + multisig in place
🧱 Unit & integration tests (surplus proofs, snapshotting, pause paths)
🧪 Public testnet bounty (low/medium findings rewarded)
🧭 External review slot booked (light audit) before mainnet flip
Mainnet Launch – Phase A (immediately after testnet gates)
Scope (controlled rollout):
🚀 Flow DEX ON for a whitelist of liquid pairs
Surplus split 60/30/10 (configurable by governance)
Protocol cut 0–5% of surplus (can start at 0%)
Caps per-tx and per-block to bound risk
🚀 P10 mainnet with supply cap and guardian reweights (no auto-rebalance at T0)
🚀 LP Flow Earnings claims enabled
🚀 Trader Cashback Mining (temporary launch program, accounted in analytics)
✅ Classic Router remains available (user toggle)
Public comms: postmortem of testnet metrics, safety notes, how cashback works.
T+30 days – Phase B
🧱 External DEX routing in solver (Thena, Pancake, etc.) with per-venue caps
🧱 BribeFlowMarket (beta) — protocols can bribe order-flow, not just gauges
🧪 veFlow + Utilization Gauges (lock $XPGN → vote emissions + surplus-routing weights)
🧱 Index family expansion: P20, L1-10; improve single-asset zaps
🧪 Protocol surplus fee to 2–5% (shared with lockers), subject to DAO
KPIs: Flow adoption (>30% of swaps in intent mode), average user savings, LP flow APR.
T+60–90 days – Phase C
🧱 Open solver registry (third-party executors with bonds/SLAs)
🧱 Advanced multi-hop & path bundling across venues
🧪 Audits round-2 + bounty expansion
🧭 Auto-rebalance module for P10/P20 under DAO control
🧭 Exploratory: intent-based RFQ for large orders; AMM “hooks-ready” pools
Long-Horizon (exploratory)
🧭 Cross-chain intents (BNB ↔ other L2s)
🧭 RWA & yield-bearing basket variants (gated by oracle quality)
🧭 Paragon Chain considerations (if/when infra & economics align)
Token & Governance notes
Ticker: $XPGN (replaces PRGN throughout the docs)
stXPGN (PID-0): governance boosts; receives 10% surplus share (default)
Emissions redirect: gradually shift 10–20% to Utilization Gauges after veFlow launch
DAO controls: surplus split, protocol cut, solver whitelist, index components/caps, pause roles
What we keep private (until go-live)
Detailed solver heuristics & scoring
MEV-protection routing specifics beyond public guarantees
Ops runbooks and alerting thresholds
We publish interfaces, safety guarantees, and user-visible economics; we hold back anything attackers could front-run before launch.
Changelog cadence
We’ll keep a short bi-weekly changelog on GitBook during testnet: what changed, what to test, known issues, and where to report bugs.
Last updated