YFDAI Roadmap Update

Published on: 24.06.2021

YFDAI updates its 2021 roadmap after a busy first half of the year.

After achieving a lot of milestones in the first half of the year, they have decided to update roadmap based on a deep internal review that they have completed alongside the new business and tech additions that they’ve added to the project team. As always, they’re committed to ensuring that the YFDAI mission stays at the root of everything that they do — to democratize finance and serve as a catalyst for mass adoption of the next generation of financial products.

Staying true to transparency ethos, this is the first time they have ever provided such a deep look into what they are planning and why it matters.

Why Are they Doing This?

YFDAI is focused on delivering a safe, transparent and secure DeFi ecosystem for our community. It is intention to set a benchmark for the wider DeFi industry by leading with the thoughtful delivery of products and services that address a wider range of needs and requirements. In order to achieve this, they have committed to spending a significant amount of time reviewing roadmap and future plans in order to better meet these needs and requirements. In the spirit of transparency, they are sharing the results of this review in the form of our optimized and updated roadmap.

Their roadmap review and planning for 2021 has focused on bringing clarity in a number of areas including overall impact, resource planning, speed of delivery, urgency, market fit and perceived value. They are sharing both the roadmap and how they arrived at conclusions for two very important reasons.

Transparency — they want community and wider users to see, agree, understand and open an ongoing dialogue around what they are building, improving and focusing on.
Governance — The DAO is an important part of YFDAI and the importance of the input and consensus formed around our roadmap cannot be overstated.

What is the YFDAI Roadmap?

The YFDAI roadmap will outline the top level features and products which we are working on. They will break this down beyond the product or feature into outcomes and benefits as well as sharing key targets and ultimately when they expect these things to happen.

As with any active project there will undoubtedly be complications which will need to be resolved and, in some cases, the roadmap may need to be adjusted both internally and externally. They may be ahead of schedule or they may be facing issues beyond control. In either case they are committed to providing regular updates.

Does the YFDAI Roadmap Show Everything?

The roadmap was never intended to be a micro view of YFDAI so for the sake of convenience they will focus on a macro perspective. There will always be volumes of daily and ongoing work that will collectively have an impact on the roadmap but does not directly relate to the macro view, so for the purpose of this outline they will focus on the following key criteria:

The product or feature will make a meaningful impact on our stated mission and goals.
The product or feature will have a direct impact on our community.
The product or feature will create wider opportunities for adoption.

They always strive to be as open and transparent with growing YFDAI community and believe that delivering great products and services that deliver long-term value will always shine bright no matter the greater economic conditions of the DeFi industry as a whole.