Kaskad

Roadmap

2025

Q4 2025

  • Testnet deployment on Igra
  • Closed mainnet launch (invite-only early access)
  • Oracle V1 integration with established price feed providers
  • Bounded governance module activation
  • Initial security audits
  • Hyperlane cross-chain integration testing

2026

H1 2026

  • Public mainnet launch on Igra
  • Full cross-chain support via Hyperlane (100+ networks)
  • Token Generation Event (TGE) and $KSKD distribution
  • Epoch-based incentive system live
  • User onboarding phase begins (18-month program)
  • Initial asset pairs: iKAS / USDC

H2 2026

  • Additional asset pairs onboarded (yield-bearing assets, stablecoins, major tokens)
  • Oracle V2 development and parallel testing (trustless, Kaspa-aligned oracle)
  • Oracle V2 dual-feed validation period alongside V1
  • Automated repayment and re-collateralization features
  • Enhanced governance tooling and dashboard
  • Community governance activation (first community-submitted proposals)

Future

  • Oracle V2 migration to primary (pending governance approval and validation)
  • Expansion of supported asset types and lending markets
  • Advanced risk management tools
  • Potential L1 migration path as Kaspa covenants and vprogs mature
  • Ecosystem integrations (yield aggregators, portfolio trackers, institutional tooling)

Kaspa L1 Expansion Path

Kaskad is designed as a forward-compatible protocol. As Kaspa's L1 capabilities mature, Kaskad can progressively migrate core logic from Igra to native Kaspa — reducing trust assumptions and maximizing decentralization.

vProgs (Verifiable Programs)

vProgs are Kaspa's upcoming programmable computation layer, enabling verifiable off-chain execution with on-chain settlement. For Kaskad, vProgs could allow:

  • Oracle logic execution — price feed aggregation and validation as verifiable programs
  • Risk parameter computation — utilization curves, liquidation thresholds computed off-chain and verified on-chain
  • Governance tallying — vote counting and proposal execution as verifiable outputs

Covenants

Kaspa covenants will enable programmable spending conditions on UTXOs. Key applications for Kaskad:

  • Collateral lockups — enforce minimum collateralization ratios at the UTXO level
  • Time-locked repayments — automated repayment schedules without trusted intermediaries
  • Liquidation triggers — covenant-enforced liquidation when collateral value drops below threshold

Key Kaspa Improvement Proposals (KIPs)

KIPTitleRelevance to Kaskad
KIP-10Transaction introspection opcodesEnables covenants — foundation for on-chain collateral enforcement
KIP-17Covenant-based programmable UTXOsDirect support for lending primitives (locks, conditions, timelocks)
KIP-16Native token standardMulti-asset lending without bridged tokens
KIP-20ZK verification opcodesTrustless vProg verification, enabling oracle and risk logic on L1

Synchronous Composability

Kaspa's parallel block DAG currently processes transactions asynchronously. Future protocol upgrades targeting synchronous composability would enable:

  • Atomic multi-step lending operations (deposit, borrow, swap in one transaction)
  • Flash loans natively on Kaspa L1
  • Cross-protocol interactions without bridge risk

Expansion Conditions

Migration of Kaskad components from Igra to Kaspa L1 is contingent on:

  1. Covenant maturity — KIP-10 and KIP-17 activated and battle-tested
  2. vProg stability — verifiable execution framework proven in production
  3. Economic viability — L1 transaction costs remain sustainable for DeFi operations
  4. Governance approval — community vote required for any migration decision
  5. Security audits — independent audits of L1 implementations before migration