Hope.money unveils a roadmap for connecting DeFi, CeFi and TradFi ecosystems
Seeking to create a cohesive financial ecosystem and connect Decentralized Finance (DeFi), Centralized Finance (CeFi), and Traditional Finance (TradFi), the distributed stablecoin project Hope.money today unveiled a three-phase project roadmap.
The new roadmap is designed to bridge the gaps among these distinct financial technology models and also to transform Hope.money into a comprehensive ecosystem that provides seamless and transparent financial services for everyone. Central to this initiative is $HOPE, a critical infrastructure and a distributed stablecoin that’s fully backed by established crypto-native assets like Bitcoin (BTC) and Ethereum (ETH).
The first phase, referred to as the ‘Infrastructure Construction Period,’ spans from March 2023 through the first quarter of 2024. During this phase, Hope.money will launch the $HOPE stablecoin alongside a governance token called $LT to encourage active engagement within the ecosystem. Additionally, the project will also unveil two new products aimed at enhancing the utility of the HOPE token. The first is an Ethereum-based swap protocol called HopeSwap and a decentralized, non-custodial lending protocol called HopeLend.
As part of this phase, the project will also build the third protocol in the HOPE Ecosystem known as HopeConnect. This protocol includes two primary applications, HopeCard and Nebula, which are aimed at creating a bridge between the decentralized finance (DeFi) domain and practical real-world applications. Nebula’s mission is to empower cryptocurrency users to trade a spectrum of traditional assets, including ETFs, stocks, and derivatives, among others.
HopeCard is a frictionless payment solution, enabling effortless real-world spending while also offering rewards that extend to both on-chain and off-chain activities. The debut of this card serves to solidify $HOPE’s role as a standard unit for transactions involving both the transition between traditional and digital currencies, as well as real-life purchases, effectively establishing a connection between conventional and crypto domains.
The second phase, dubbed the ‘Strengthening Period,’ will take place from the second quarter of 2024 to the second quarter of 2025. In this phase, Hope.money’s objective is to attract users into the HOPE ecosystem. This will be accomplished through the implementation of multi-chain, cross-ecosystem development and the elevation of native protocols to V2, thus broadening the scope of HOPE’s applications.
Moving on to 2025 to 2026, the project will enter its third phase, known as the ‘Fortification.’ During this phase, the project will construct its dedicated application chain, HopeChain, integrating native protocols with multifaceted, cross-ecosystem applications. This comprehensive on-chain super application will effectively bridge the gap between the applications of Decentralized Finance (DeFi), Centralized Finance (CeFi), and Traditional Finance (TradFi).
Following this, the Fortification phase will usher in the development of a multi-chain infrastructure, laying the groundwork for various use cases involving $HOPE. This includes integrating the stablecoin across multiple blockchain networks and building diverse applications atop HopeConnect, the on-chain custody, clearing, and settlement solution.
Overall, the ultimate goal of Hope.money’s is to bring together every aspect of its ecosystem onto its dedicated blockchain, HopeChain. This will be achieved through a comprehensive Super App that encompasses all tools and products within its framework.
Commenting on the launch, Flex Yang, the founder of Hope.money, explains, “Hope.money is not just about creating a stablecoin, it’s about redefining money for generations to come,” says Flex Yang, founder of Hope.money. “With a clear roadmap and a vision to bridge the DeFi, CeFi and TradFi worlds, our team is completely determined to make $HOPE a universally recognized and adopted form of currency.”
In the end, this project will lead to the development of a comprehensive on-chain super application, effectively uniting applications from the realms of DeFi, CeFi, and TradFi.
Founded by Flex Yang, Hope.money is at the forefront of revolutionizing the connection between DeFi, CeFi, and TradFi through its revolutionary HOPE Ecosystem. The core of this initiative lies in the distributed stablecoin, $HOPE, which serves as a foundation for a modernized financial framework that prioritizes transparency and accessibility. The Hope’s ecosystem offers diverse applications for $HOPE, including swapping, lending, custody, clearing, and settlement. To foster community involvement and decision-making, the governance token $LT is introduced, incentivizing active engagement.