Exciting news for Terra Classic enthusiasts! The L1 team has just released its highly anticipated Q2 roadmap on Twitter, and it promises to be a thrilling quarter for the platform.
The roadmap outlines several new developments and upgrades that are sure to capture the attention of investors and users alike. First up is the launch of a brand new decentralized exchange (DEX), which will allow users to trade their favourite tokens in a completely trustless and permissionless environment.
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Joint L1 Task Force Q2 Proposal is up on Agora! Please read and provide feedback!https://t.co/1Zjqb6v2zt@frag_dude @TheVinhNguyen4 @ZaradarBH @edk208
— 🔥LuncBurnArmy🔥 (@luncburnarmy) March 29, 2023
Layer 1 Team Unveils Q2 Roadmap
Additionally, the L1 team is planning to roll out several new features to improve the user experience on the platform. These include a more user-friendly interface, enhanced security measures, and faster transaction processing times.
Another major highlight of the roadmap is the release of several new Terra Classic-based applications, including a decentralized lending platform and a prediction market. These new apps will offer users even more ways to interact with the platform and generate income.
The team also plans to provide technical and development support for the Ziggy USTC re-peg plan, but this will be contingent on regulatory and legal requirements in addition to community governance. They plan to work alongside an L2 team to develop a Classic Station with on-ramp capabilities. This will also depend on a separate proposal.
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The Focus of the Roadmap
The Terra Classic roadmap for the second quarter focuses on work dedicated to a few notable projects, including extensive testing of the Terra Classic v.2.0.0 and its launch on the mainnet, deployment of v.2.1.0, and establishing a connection for Terra Classic to operate to work in parity with other Cosmo networks including Kujira. Notably, v.2.0.0 will be released on the testnet on March 31.
Per the roadmap, the team will focus on conducting further testing on v.2.0.0 in April after the successful tests; the team will schedule for the mainnet launch.
Also in May, the team will begin work on testing v.2.1.0, after which they will schedule to launch it on the mainnet. They will also support the Ziggy USTC re-peg project and open up an Inter Blockchain Communication (IBC) channel to Kujira, a blockchain ecosystem domiciled on Cosmos.
Finally, the team will release a two-year roadmap outlining plans from Q3 2023 to Q3 2025 in June.
At the moment, the  L1 team is soliciting the release of $139.5K to fund the Q2 work. The fund is split among 1 full-time developer, Tobias “Zaradar” Andersen ($13.88K × 3 months), and 3 part-time developers ($6.88K × 3 developers × 3 months).
Notably, the LuncBurnArmy will also get $6.88K for 3 months, the two junior developers will also receive $1.25K for 3 months.Â
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