The DeFi platform Shell Protocol plans to launch the V3 version, which will encapsulate DeFi protocols such as Uniswap, OpenSea and Aave into modular Shell primitives. Specifically, it can be divided into 5 stages:
Phase 0: SHELL’s token generation event (TGE) in December 2023; having a liquidity token and a decentralized, independent DAO will lay the foundation for the next stage of the Shell ecosystem.
Phase 1: Modify the core protocol Ocean to support adapter primitives, which will be carried out simultaneously with TGE in December.
Phase 2: Integrating Shell smart contracts and DApps with major DeFi protocols will be completed in the first quarter of 2024.
Phase 3: Implementing Shell Intent, users only need to specify what they want to complete, enabling Gas-free, MEV-resistant transactions. Shell Intention MVP will be released in the second quarter of 2024.
Phase 4: Integrate cross-chain bridge primitives into the core protocol, and users can access any protocol on any chain through Shell DApp.