Our Roadmap is more of a checklist than it is a chronological list of plans. There's no particular order as to which developments will happen first, but it should give you a good idea of what the team has in mind for the future.

Igloos & Nests V2

There will be a complete revamp of how the Igloo & Nest contracts function.
Regarding the new Igloo contracts, the option to enable double rewards for your LP tokens (e.g. SNOB + PEFI rewards on the PEFI/SNOB pair) will be available, as well as cheaper gas fees and lower withdrawal fees.
Our Nests will also be upgraded to provide automatic rewards to the users in the pool and include new withdrawal fee mechanisms. Additionally, the withdrawal fees of the Nest will no longer get burned but will instead be distributed to other Penguins in the Nest to increase the value of their iPEFI.

Club Penguin

The Club Penguin will function as a single-asset iPEFI staking protocol. You stake your PEFI and get iPEFI, which you can then stake in different contracts to earn tokens from your favorite projects native to Avalanche. We will provide plenty of options, all without the risk of impermanent loss.
The Penguin Finance team has already met up and partnered with multiple projects in the Avalanche ecosystem. These meetings aim to introduce other tokens to the Club Penguin and form lasting relationships with these projects. The teams at Verso Finance, Snowball, Sherpa Cash, AVME, Gondola, Lydia, ELK, and others have been contacted to benefit all communities mutually and help grow the Avalanche network as a whole.

Penguin Arena

As we all know, the Chainlink VRF integration has taken a while to get integrated to Avalanche, which has delayed some development on the dApp, which is still a priority for us.
We’re looking for ways around this and may temporarily bridge random numbers from Chainlink VRF-supported chains like Polygon to ensure the Arena is fair and free of any vulnerabilities. Regardless of our integration, we won’t ever compromise on security and decentralization.

Next-gen NFTs

Both unique collectible NFTs and algorithmically generated “cryptoPenguin” NFTs with in-game utility will be implemented into the Penguin Finance ecosystem this year. You’ll be able to showcase your NFTs within the Penguin Emperor and Penguin Arena just as you would with game skins for CS:GO, League of Legends, Fortnite, etc.
You will also earn revenue generated from the Penguin Ecosystem by holding certain limited-edition NFTs in your wallet.

Penguin Finance Merchandise

This year, clothing and plushies will be made available for our Penguins with the help of an exciting crypto apparel company we’re working with. Our wonderful design team will come up with unique artworks, and we’ll make sure these are sold at cost price, with no added margin whatsoever. This is done to increase the availability of our merch further to expand our brand visibility and total market capitalization.

CEX Listings

We have already met with many top-tier exchanges and are negotiating the best deals to provide CEX support without compromising the token price and distribution. As our project matures, every Penguin will have access to this convenient option to exchange their funds for PEFI. You can expect a faster onboarding route and an influx of new users as we’ll be available on CEXs with C-Chain support this year.

Bridging to other chains & mass onboarding

Penguin Finance is one of the top players on Avalanche. Our reputation precedes us; it’s just a matter of time before we start to expand to other chains to bring more Penguins home and make the platform more convenient for everyone. By being a multi-chain project, we’ll target various crypto communities and increase the potential market capitalization of the PEFI token.

Prediction Markets

One of the hottest features to be announced this year is the Penguin Prediction Markets. We’ll be providing the option to bet on your favorite sports and events directly on-chain. With no lousy fees or unfair odds, we’re developing a completely transparent, provably fair, and low-cost Prediction Market protocol that is fast and convenient.
This will not be limited to sports; Penguins will be able to bet on absolutely anything as long as it’s voted on through our decentralized autonomous organization (Penguin DAO).

Penguin DAO Launch

Our iPEFI token is one of the most fairly distributed assets on Avalanche, and we’ll take advantage of this by implementing it into our governance system. Right now, we have been community-driven through votes on Discord and Twitter to make important decisions about the project's direction.
As a new platform on a quickly-changing ecosystem, having no DAO at the beginning has allowed us to develop much quicker and build the foundation for a prospering platform. We are close to the maturity point in which the Penguin DAO can be implemented to allow for a 100% decentralized protocol.
Last modified 13d ago