The translation was made using a translator. May have some inaccuracies.
The Side Protocol aims to function as a foundational layer for exchange and liquidity within Web3, providing a modular infrastructure to facilitate cross-chain and full-featured asset exchange in the growing multi-chain environment. The implementation of this ambitious idea requires thorough research and significant engineering efforts. Side Protocol has provided a roadmap outlining priorities, which may change based on progress, acknowledging the potential need for adjustments as they move forward.
The project roadmap will be divided into 5 stages, from S1 to S5.
S1
S1 represents a testnet based on Cosmos-SDK, initially launched without permission. Community members eagerly anticipating the opportunity to act as validators are now invited to use this testnet in preparation for the upcoming incentivized testnet launch and mainnet launch. Side Station is released as an interface for staking, management, bridging (IBC Transfer), and faucet.
S2
S2 will introduce the first incentivized testnet designed for thorough stress testing of the network and applications, as well as preparing the SIDE blockchain for the genesis event. This testnet will feature a Cosmos SDK chain with an in-chain Side Protocol module and inter-chain WASM contracts for AMM and P2P-based exchange. It will facilitate the exchange of native and non-native tokens and provide liquidity in the Cosmos ecosystem through the use of the IBC protocol. Two user-testing applications, error reporting, and improvement proposals will be released. A point system will also be implemented to monitor user participation and contribution, serving as criteria for participation in future airdrops. To participate in the incentive campaign, users need to obtain the «Insider» role in our Discord community. The timing of S2 will be announced soon on Twitter and Medium.
S3
S3 marks the launch of the mainnet SIDE V1, token generation events, including token mass distribution. Applications developed independently will also launch their mainnet versions simultaneously with the SIDE blockchain mainnet launch. S3 strategically prioritizes integration into the Cosmos ecosystem. After the mainnet launch in S3, Side Protocol will continue its development towards realizing its ultimate vision: providing cross-chain and full-featured solutions for a broader Web3 ecosystem. This journey involves the following stages: S4 and S5.
S4
In S4, SIDE V2 will be introduced, using a chain abstraction approach and providing cross-chain account functionality in the SIDE blockchain. This TSS-based architecture allows application-specific communication layers to link accounts across multiple chains supported by the protocol. This level enables SIDE users to seamlessly trade tokens across all chains using only one account, thus achieving the true potential of omni-chains in Side Protocol. This approach abstracts blockchain interactions, such as bridges, from users, thereby reducing entry barriers and minimizing trust assumptions in different ecosystems.
S5
After implementing V2 into the SIDE chain, S5 will introduce a fully on-chain DEX order book operating based on cross-chain account functionality. This initiative will present the world’s first on-chain order book for spot trading across multiple chains in the crypto space, providing a user experience comparable to centralized exchanges. Additionally, S5 will expand existing products to ensure compatibility with ecosystems and chains beyond the current Cosmos.
Side Protocol is a modular infrastructure designed for omni-channel and full-featured asset exchange.