DAO Roadmap
The Magnet DAO roadmap for 2022 and beyond.

Q4 2021

  • Launch Discord, Twitter, and Telegram
  • Build team out
  • Form partnerships in the Avalanche ecosystem
  • Complete AMAs with prospective projects for incubation fund
  • $MAG community offering sale
  • $MAG public sale

Q1 2022

  • Launch $MAG protocol and liquidity
  • Listing on Coingecko, CoinMarketCap, and Debank
  • Receive Tier 1 audits of all smart contracts
  • DAO proposals begin, tokenomics, treasury management, innovation fund deployment, etc.
  • Possible upgrades for protocol: variable rate ROI for minting based on vesting period, bonus reward for diamond hand stakers, zapping liquidity for easier minting
  • Investment Thesis Call with DAO for Development and Incubation Strategy Outline

Q2 2022

  • Begin developing, incubating, and funding new protocols using the Innovation Fund: direction of where to deploy funds will be governed by the DAO
  • Begin development of native DAO tooling platform
  • Begin development or incubate a novel, liquid-staking solution for stable coins, native to AVAX
  • Magnet DAO begins to incubate and invest in projects, helping early-stage crypto projects with building their protocols and providing funding from the innovation fund in return for tokens, which Magnet DAO treasury will receive and hold

Q3 2022

  • Integrate native DAO tooling to make management seamless and integrated
  • Promote key contributors to leadership positions in the DAO
  • License our DAO tooling to other DAO’s looking for a management system
  • Continue to develop, incubate, and fund new protocols and get the DAO involved as much as possible in new initiatives