A Look Back at Q1 of 2024 and Forward to Q2 of 2024

As Q1 of 2024 draws to a close, DAO contributors want to take a moment to reflect on the progress the DAO community has made and set the stage for the Q2 roadmap ahead. Cryptex is thrilled to be a part of the journey in building the future of decentralized finance.

Q1 2024: A Pioneering Start To The Year

In Q1, several developments happened within the protocol.

• DAO contributors successfully shipped support for different order types for PI, such as limit orders and stop losses, enhancing user precision and control.
• A new keeper incentives model was launched, fostering a robust and participatory community.
• CTX Governance Token delegations (keeping the network fully decentralized) remained at all time high levels since protocol inception 4/2021.
• Our commitment to innovation was highlighted by creating and researching strategies for unique on-chain oracles and customizable markets.
• The development and deployment of Cryptex DAO-owned markets on Perennial V2 was streamlined with new deploy scripts.
• Contributors researched how to calculate parameters for deploying unique markets on Perennial V2, marking a milestone in our quest for custom market solutions.
• 4 new markets deployed on Cryptex Pi in Q1, enriching the system landscape.

Looking Ahead: Q2 of 2024

Looking ahead to Q2, the DAO contributor roadmap is designed to leverage contributor progress and unlock new opportunities:

Strategy

• Contributors will explore custom and brand new 1:1 index tokens, venturing into new market possibilities.
• Individual currency markets on PI will be expanded, offering more diversified user options.
• The deployment of new markets on PI.

Frontend Developments

• Push notifications will be implemented, ensuring users are instantly updated on positions.
• A leaderboard for usage will be introduced, adding a competitive edge to the platform.
• Copy trades will be enabled, allowing users to replicate the positions of other users if they wish.
• Contributors will integrate a Coinbase embedded wallet, broadening system accessibility.
• Support for multiple currencies through a 3rd-party DEX will be added, enhancing our platform's versatility.

Smart Contracts

• Our exploration into index balancer pools for new smart contract/ system strategies.
• Contributors plan to implement vaults with varied strategies to maximize potential with Perennial.

Marketing Initiatives

• A media blitz with Bankless to educate a broader audience about the Cryptex DAO.
• Our ambassador program will strengthen, driving community engagement.
• With Messari, we will release an initial analyst coverage report, outlining our platform.
• Speaking engagement at Token2049.
• Lastly, we will launch Galxe campaigns to promote our platform and engage with the community dynamically.

DAO Contributors remain committed to innovation, community empowerment, and expansion. Q2 2024 will be another period of building for the Cryptex community.

Stay tuned!

Please note:

Access to π is restricted for users in certain jurisdictions.

This is not an offer to sell tokens and is not investment advice.

DISCLAIMER: Any views expressed in this post represent the sole analysis of Cryptex, (“Cryptex”) whose opinions are based solely on publicly available information. No representation or warranty, express or implied, is made as to the accuracy or completeness of any information contained herein. Cryptex expressly disclaims any liability based, in whole or in part, on such information, any errors therein, or omissions therefrom. Cryptex also reserves the right to modify or change its views or conclusions at any time in the future without notice. Cryptex is an open-source, fully decentralized protocol. v2 is not available in any restricted jurisdictions. Cryptex is NOT an ICO. No sale has been solicited. The information contained in this post DOES NOT recommend the use of any Cryptex token, nor is it an offer to sell a solicitation, or an offer to buy any Cryptex tokenized asset. Furthermore, CTX token rewards governing the protocol are granted by Cryptex to system providers with a value of ZERO. Always do your own research. The information contained in this post is not intended to be, nor should it be construed or used as, investment advice. No representation, recommendation, or warranty, express or implied, is made as to the future performance or functionality of any Cryptex token. Any unaffiliated use of this document, or the contents herein, is strictly prohibited without the prior written consent of Cryptex.