Roadmap
MegaStrategy will roll out in three phases, progressively adding instruments, markets, and protocol hardening.
Phase 1: BTC Bonds & Marketplace
Focus: Establish core infrastructure with BTC-denominated bonds.
Deliverables
BTC bond series launch
Note NFT issuance
Warrant NFT issuance
Series ledger accounting
Warrant marketplace
Secondary trading for Warrant NFTs
Note NFT transfer support
Series dashboards
Outstanding instruments
Ledger balances
Warrant exercise tracking
Outcome
A functioning bond issuance and trading system for BTC holders seeking principal protection with separable upside.
Phase 2: USD Bonds & Backstop Pools
Focus: Scale capital raising with USD-denominated bonds backed by USDT staking.
Deliverables
USD bond series launch
USDT subscription flow
USDT Backstop Pool creation
Sale sizing mechanics
Minimum sale size gating
Maximum sale cap enforcement
Surplus withdrawal on under-fill
Tenor withdrawal system
Pro-rata USDT withdrawals
Preserved reward entitlements
Real-time required vs withdrawable tracking
Staker compensation
Upfront proceeds distribution
Reserved $MSTR minting
BTC make-whole mechanics
Outcome
The protocol's primary scaling mechanism is operational, enabling large-scale USDT capital raises with deterministic backstop mechanics.
Phase 3: Hardening & Expansion
Focus: Production-grade reliability and expanded capabilities.
Deliverables
Risk limit hardening
Stress-tested parameter bounds
Formal verification where applicable
Oracle policy finalization
Multi-venue aggregation optimization
Circuit breaker calibration
Staleness threshold tuning
Governance process maturation
Change-control policy formalization
Timelock and voting parameter optimization
Emergency response procedures
Market expansion
Enhanced analytics and dashboards
Additional trading features
Cross-series insights
Outcome
A hardened, production-ready protocol with robust risk management and governance processes.
Timeline
Phase 1
Planned
BTC bond series live
Phase 2
Planned
USD bonds with backstop pools
Phase 3
Planned
Production hardening complete
Specific dates will be announced as development progresses.
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