Foreon Fridays: Episode 15 — Roadmap, Liquidity, and Big Partnerships Incoming!
Hello Foreon Community!
We’re excited to bring you Episode 15 of Foreon Fridays with a series of major updates that are setting the stage for a revolutionary year ahead on the Foreon Network. Here’s everything you need to know:
Updated Roadmap for 2025
Our updated 2025 roadmap is now live and available for you to explore here.
This refreshed roadmap outlines our development plans, marketing expansion, and ecosystem growth strategies for the coming year. It’s a comprehensive guide to how we plan to evolve and bring even more value to our community.
$FRN Token Milestones
In a significant milestone, our $FRN token has been verified on Minswap! This is a crucial step in distinguishing the real $FRN from any copycats and ensuring that new users can confidently engage with our ecosystem.
LP providers on the $FRN-$ADA pool are already enjoying mouth-watering APYs of over 100%!
If you’re interested in earning high rewards, you can start farming $FRN today by providing liquidity to the Foreon/ADA pool on Minswap and then head over to the Farming tab on Minswap to start farming.
Need assistance? Join our Discord, and one of our moderators will be happy to help.
Testnet and Mainnet Launch Updates
We’re pleased to confirm that our testnet will be live before the end of Q1 2025, with the full mainnet launch scheduled for Q2 2025.
These key milestones are part of our journey toward a fully decentralized prediction market on Cardano, ensuring a seamless transition and robust platform performance.
Sneak Peeks into Market Creation Flow
As we prepare for the Testnet V2 launch, we’re excited to share some early glimpses of our new market creation flow. In our upcoming release:
- User-Created Markets: Users who hold and stake a minimum of 25,000 $FRN will have the ability to create their own markets.
- Community Voting: Once a market is proposed, it will be subject to a voting process. Only markets receiving more “Agree” than “Disagree” votes will be published automatically. In the case of a tie, a super admin will make the final call.
- Liquidity Provision: Market creators will be responsible for setting the initial liquidity — either by purchasing an equal number of shares in both outcomes or by favoring the outcome they believe in. This ensures every market starts off on solid ground.
Strategic Partnerships and Infrastructure Enhancements
We’re not stopping at the product side:
- We’re in active talks with GeniusYield to leverage their smart router, market making, and trading bots to build our very own Foreon Markets Position Bot. This tool will ensure that every market is liquid and will enable experienced traders to participate more efficiently.
- Additionally, we’re collaborating with a major marketing agency that has connections with top crypto outlets. This partnership will maximize our visibility during the Testnet V2 and mainnet launches.
- We’re also proud to announce that we passed the first round of the Cardano Venture Hub accelerator and recently had a long, insightful interview with the Cardano Foundation Team.
UI Enhancements and Wallet Support
User experience is a top priority at Foreon Network. We’re thrilled to share that both the light and dark mode versions of our UI have been completed, providing you with a more personalized and enjoyable experience.
Plus, we’ve expanded our wallet support to include Lace Wallet, ensuring a smoother onboarding process for all users.
Next Steps and Final Thoughts
Looking ahead, our next major objectives include:
- Finalizing the updated 2025 roadmap.
- Perfecting the market creation flow and liquidity provisioning process.
- Securing further listings on Coingecko, CoinMarketCap, and reputable centralized exchanges.
- Continuing to build strategic partnerships to enhance the Foreon ecosystem.
If you’re as excited as we are about the future of decentralized prediction markets on Cardano, now is the time to get involved. Join our community, provide feedback, and be a part of this groundbreaking journey.
Stay connected for more updates, and thank you for your continued support!
Visit: foreon.network
Join us on Discord, Telegram, and follow us on Twitter (@foreonnetwork)
Here’s to a bright and innovative 2025 with Foreon Network!
- Website: foreon.network
- Litepaper: docs.foreon.network
- Twitter: @foreonnetwork
- Discord: Join Now
- Telegram: t.me/foreonnetwork
