Although the proposed budget for the second half of the year is proportional to the first half, I believe it’s important to provide an update on what has actually been accomplished so far.
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Timeline: Q2
Have the stated goals and commitments for H1 been met? Specifically:
KPI: 3 bluechip DeFi integrations for tfBills and vault aggregator integrations for Lending Pools -
Timeline: Mid Q2
TrueFI Core Product Overhaul
UI/UX Overhaul
KPI: UI/UX modifications deployed to production -
Timeline: Mid Q2
Tighter Adapter tfBill integration
KPI: As part of UI/UX integrations mint and redeem for tfBills prominently displayed on the homepage -
Timeline: Early Q2
Goal: Successful spin-out and launch of Polaris
KPI: Completed VC fundraise and entity separation -
Timeline: Mid/Late Q2
Goal: Conduct security audits for Polaris
KPI: Multiple successful audits of the Polaris codebase
A progress report on these items would help delegates assess whether the team is on track and justify continued funding