Althea Foundation Roadmap

Althea L1 Blockchain
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1

Purpose

This proposal seeks to signal community consensus on entering the next chapter of the Althea Foundations contributions to Althea L1’s development. With foundational milestones achieved, the community is invited to review and discuss a practical, phased implementation plan to activate the chain’s full potential.

Milestones Achieved

  1. Development of a Best-in-Class DEX

    • Purpose-built for utilities and infrastructure markets.

    • Designed to enable efficient, scalable asset exchange with deep integration into the Althea L1 ecosystem and governance.

  2. Launch of the Foundational Althea L1

    • A sovereign ecosystem chain, built for scale and optimized for microtransactions.

    • Core infrastructure in place to support high-throughput and low-latency applications.

  3. Unlocking the $3 Trillion Market for Tokenized Utilities

    • Introduction of Liquid Infrastructure

    • Laying the groundwork for sovereign, resilient infrastructure by bringing DeFi tooling to telecom, utilities, and infrastructure.

Proposed Timeline

Phase 1 – Governance Proposals & Readiness Activities

  • Governance Actions:

    • Review and approve suggested token pairings for the iFi DEX.

      • Adding new pools to the iFi dex is permissionless but these pools will be available in the Althea Link interface. By coordinating canonical pools through governance, liquidity provision on Althea L1 will be more efficient.

        • USDS/USDC

        • USDS/SUSDS

        • USDS/USDT

        • USDS/ALTHEA

        • USDS/GRAV

    • Enable tokens including Sky’s USDS, sUSDS, and other tokens such as ALTHEA, GRAV, WETH, and CBTC for trading and liquidity provision.

      • Althea L1’s governance is an open process, as long as a token is not malicious any correctly constructed proposal should be approved. Note these proposals are only required for bridging solutions that involve IBC, EVM to EVM bridge solutions in Phase 3 would not require any governance interaction.

    • Configure governance control of deployed Dex contracts

  • Technical Preparations:

    • Deploy and Verify iFi dex contracts

    • Prepare necessary chain unlocks to enable stablecoin and cross-asset liquidity functionality.

Phase 2 – Ramping and Growth

  • Revenue Integration:

    • Following chain unlock, revenue from Liquid Infrastructure can be brought onchain, enabling users to utilize the swapping interfaces built into the iFi DEX.

  • Liquidity Fusion:

    • Using the iFi DEX trades can be executed efficiently with small amounts of liquidity. No liquidity incentives are required for normal operation.

  • Ecosystem Expansion:

    • New pools and tokens seeking to build on or integrate with Liquid Infrastructure contracts can propose additional pools via governance.

  • Sustainability Framework:

Phase 3 – Interoperability

  • Cross-Chain Expansion:

    • Enable cross-chain liquidity and integrate with DEX aggregators to increase market access.

    • Incrementally add interoperability features in parallel with liquidity and volume growth.

  • Strategic Incentives:

    • While ALTHEA incentives may not be necessary for functionality, targeted incentives can be discussed for strategic growth opportunities.

    • The iFi DEX can also deploy incentives using other tokens participating in the DEX.

  • Bridge Integrations:

    • Explore and implement additional bridge solutions such as HyperLane and/or Wormhole to streamline user experience and expand connectivity.

Phase 4 – Feature Rich

  • Advanced DeFi Capabilities For iFi:

    • Implement liquid staking mechanisms that tie natively into the Liquid Infrastructure ecosystem

    • Implement the Liquid Infrastructure auction market, which will allow the creation of decentralized marketplaces for Liquid Infrastructure tokens.

    • Introduce lending markets for Liquid Infrastructure Tokens, expanding capital efficiency and utility.

  • Improved validator tooling

    • Configurable block building tools to maximize mircotx throughput and validator revenue

  • Improved Client tooling

    • Light client replacement for RPC nodes lightweight enough for embedded devices with moderate resources (256mb of ram or greater)

Next Steps

The community is encouraged to:

  • Discuss and refine the proposed phased approach.

  • Suggest additional assets, integrations, or pools to prioritize.

  • Review the Token Mechanics document for alignment on revenue and sustainability structures.

2 Likes
2

My main question regarding the Phase 1 main pools is: why is USDS the primary token pair for all of them? Is there a specific reason it’s being favored over USDT or USDC?

USDT and USDC are far more widely adopted, with over $165B and $67B in circulation respectively, and are listed on every major CEX. USDC’s reserves are also publicly verifiable, and institutions generally prefer a fully-backed USD stablecoin to an overcollateralized one.

If the goal is to attract larger liquidity providers, it may be more effective to use USDT or USDC as the main pair, given their deep existing distribution and stronger institutional preference.

3

The Althea routing and billing software (bandwidth selling code) has been using DAI for a very long time since before USDC existed.

As such the Althea community has a good relationship with SKY/Maker and the foundation did a joint press release with them a little while ago. Being the first in the Cosmos ecosystem with Sky tokens will draw swap and arb volume.

https://www.businesswire.com/news/home/20250708798309/en/Skys-USDS-Is-Coming-to-the-Interchain-on-the-Althea-L1-iFi-DEX

Adding an Althea/USDC pool wouldn’t be much trouble, since pools are all fee funded.