Development Plans

Fa.cash is dedicated to open source software and the creation of a decentralised network. The goal is to serve to guarantee liquidity to thousands of users and hundreds of applications, enabling developers, community volunteers, financial industry players and others to participate in an open and accessible financial marketplace for all, dedicated to obtaining higher returns for borrowers, lenders, and leveraged liquidity miners in line with their risk expectations.

With the launch of Fa.cash, Fa.cash will be best suited to those who already own income assets, such as aTokens from Aave and ctoken from Compound, as well as those who wish to invest in interest rates. As we integrate more income channels and expand the list of supported assets, Fa.cash will become more relevant to holders of other forms of income assets. In addition, fa.cash aims to make it easier for a variety of users to use the platform to lock in interest rates on their income assets. By simplifying the steps for user engagement, fa.cash can be integrated with platforms such as imToken and DeBank in order to extend the reach of fa.cash to a wider range of users.

1. integrate with the top AMMs and protocols on Firecoin Heco to create the most comprehensive leveraged liquidity mining protocol with a high degree of composability and functionality.

2. Implementing leveraged lending and leveraged trading, enriching the leveraged revenue aggregation function, with leveraged trading coming online in the future.

3. enabling cross-chain integration of Ether and BSC to increase the long-term value and utility of FA tokens in the ecosystem.

4. enhancing the value of FA tokens through unparalleled composability and leveraged products and cross-chain scaling by making fa.cash the base layer for leveraged revenue aggregation in the DeFi space.

5. linking more professional financial institutions and financial practitioners, introducing more institutional-level users and investors to open finance, and increasing the capital scale of open finance Fa.cash to the tens of billions of dollars level.

6、Fa.cash is committed to bringing the open finance concept and business into the mainstream, linking the traditional financial market and the Defi sector.

7. a focus on community. the very open and transparent nature of the DeFi protocol makes it almost impossible to prevent forks. This also means that a long-term moat cannot come from the product alone, but from a strong and supportive community. In order to achieve this goal, fa.cash strives to attract high quality members who can lead good discussions for the community.

8. Continually expand and improve the scope of advocacy. Partnership and integration cannot be separated. fa.cash will place a high priority on and increase the usefulness and reach of the Fa.cash protocol. In addition to trading directly on fa.cash's user interface, fa.cash is actively looking for ways for users to interact with fa.cash's smart contracts. As mentioned earlier, making it easier and friendlier for users to buy, sell or hedge their earnings will strengthen fa.cash's product proposition and build a larger, more supportive community for a moat that fa.cash can rely on in the long term.

9. Optimise the team for greater flexibility. fa.cash's industry is growing too fast and if fa.cash does not optimise fa.cash's team for efficiency, it is likely to further hinder fa.cash's progress. Instead, a better approach would be to build a team that can quickly adapt to a changing environment.

*The list above is only part of the fa.cash plan, and we don't want to give away too much here. But rest assured that we are working tirelessly to grow fa.cash into the most mainstream open finance protocol.