π£οΈRoadmap
Product Phases
V1 - Alpha (Jan 2022 - Mar 2022)
First functional version of Pine
End-to-end functional NFT-backed loan protocol
Web interface for borrowers
V2 - Beta (Mar 2022 - Current)
Enhanced features and lender's portal
Upgraded composability for core lending pool smart contracts which allows for features such as
Loan Rollover - allow borrowers to extend loans at the end of a term
Pine Now Pay Later - allow borrowers to buy NFTs with a Pine loan on open marketplaces
Web interface for lenders to open and manage their lending pools
Simple flat fee structure for Pine protocol fee
V3 - Public (Q4 2022)
Robust NFT-backed loan protocol and a two-sided NFT-backed loan marketplace
NFT-backed loan protocol that is efficient, scalable and fair for both lenders and borrowers during the entire loan cycle
Lending and borrowing positions wrapped into NFTs that are tradable on secondary markets
Support for custom NFT valuation oracles
More users features
Pine Listing - listing and selling of Pine loan collaterals on NFT marketplaces
Automatic loan repayment and rollover Full-fledge two-sided NFT-backed loan marketplace
Dynamic fee structure for Pine protocol fee
Timeline
Time | Item | Description |
---|---|---|
Jan 2022 | Nassec Audit (v1) | v1 smart contract audit |
Feb 2022 | NFT-backed borrowing | Allows NFT holders to make permissionless loans in ETH |
Mar 2022 | Pine Now Pay Later | Allows buyers to PNPL on NFT marketplaces |
May 2022 | Quantstamp Audit (V2) | V2 smart contract audit |
Jun 2022 | Loan rollover | Allows loans to be extended on-chain |
Aug 2022 | Lenderβs Portal | Allows anyone to set up lending pools |
Sept 2022 | Loan orderbook | Allows borrowers to browse and select from multiple pools when initiating and rolling over loans |
Oct 2022 | Pine Listing | Allows listing of collaterals for sale |
Dec 2022 | Auto roll-over | Allows borrowers to automatically rollover if LTV is below threshold |
Q1 2023 | Multi chain and currency support | Protocol extends to support multiple chains (Solana, BNBChain, AVAX, etc) and payout/repayment in more currencies (USDT, USDC, SOL, etc) |
Q2 2023 | Credit Marketplace | Allows lenders to buy and sell loan positions |
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