1️⃣Phase 1
Foundation Establishment for CypherSwap
Test Net Launch and Contract Verification:
Begin the development process with the launch of the test net.
Verify the smart contracts responsible for decentralized asset wrapping and atomic swaps.
This phase is crucial to ensure that the protocol is functional and secure before moving to the mainnet.
Token Launch:
Launch the native CypherSwap token, which will power transactions and governance within the platform.
This token will enable users to participate in key activities such as liquidity provision and governance voting, creating a solid foundation for a decentralized ecosystem.
Interoperability Infrastructure:
Build the necessary infrastructure for seamless interoperability between multiple blockchain networks.
This will ensure that assets can be transferred efficiently and securely across different blockchains.
Community-Driven Decision Making with Expert Oversight:
Create a governance structure that encourages active community involvement and feedback in decision-making.
While community input is highly valued, final decisions will be made by a team of experts to ensure the stability and security of the platform.
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