Integration Grants Application: Fufuture

[Fufuture]

Application Introduction

1. Name of the project
   Fufuture
2. Problem statement in the existing Conflux ecosystem and the proposed solution
   The current Conflux ecosystem lacks a platform that allows token holders to trade derivatives directly with their tokens without converting them to stablecoins (U). Token holders face high risks in traditional derivatives markets. Fufuture solves this by introducing decentralized perpetual options, which offer no liquidation risk, limited losses, and unlimited profit potential.
3. Alignment of the project with the Conflux Network
   Benefit to the Conflux Ecosystem: How this product will entice more developers to build on Conflux : Fufuture will attract more developers to build DeFi projects on Conflux by offering a new and innovative decentralized options trading product. This will enhance the ecosystem’s credibility and usability, positioning Conflux as a leader in decentralized derivatives trading.
   Economic benefit: How this product will increase assets and transactions on-chain
   By enabling coin-based perpetual options trading, FuFuture will increase on-chain transactions and assets within the Conflux ecosystem. The ability to trade without converting to stablecoins will enhance user retention and liquidity, directly increasing the overall transaction volume and on-chain interactions on Conflux, while efficiently burning gas.
4. Demonstrate a competitive edge that differentiates it from other projects
   Fufuture is the world’s first fully decentralized coin-based perpetual options trading platform. It allows users to trade with any token as collateral without converting to stablecoins, and it offers no liquidation risk. This feature, combined with higher win rates and security from SlowMist audit, sets Fufuture apart from other projects.
5. Provide links to the project’s webpage, DApp, socials, and chat groups
   Official Website:https://www.fufuture.io
   Dapp: https://app.fufuture.io
   Telegram: https://t.me/+AvQWu0Lg6tcxMjZl
   Twitter: https://twitter.com/fufuture_io
6. Conflux eSpace grant recipient wallet address Conflux eSpace
   0x0CB5274a8Ff86b7b750933B09aba8B5eb3660977
7. Are you an incorporated startup?
   Founded in 2021, FuFuture has now grown into a well-established team.

Technical Introduction
Provide a brief overview of the functional goals of your system, pairing it with reasons for its development.

1. Refer back to problem statement
   In the current Conflux ecosystem, token holders cannot easily trade derivatives without converting their tokens into stablecoins, and the existing financial derivatives trading platforms expose them to high risks, including liquidation. Fufuture addresses this problem by introducing a fully decentralized platform for perpetual options trading, allowing users to trade with any token as collateral while minimizing risk through a non-liquidation model. This enables more users to participate in derivatives trading without worrying about large-scale losses or market volatility. Additionally, Fufuture is positioned to enhance the financial utility of tokens by allowing them to serve not only as assets but also as financial tools, creating more liquidity and increasing turnover in the secondary market
2. Identify existing solutions (if any) and include a feasibility study
   Existing decentralized trading platforms, such as Uniswap and PancakeSwap, focus on spot trading and simple token swaps. Although they support a wide range of tokens, they do not offer derivatives trading. Derivatives trading platforms like GMX only support a limited 37 trading pairs and come with high trading risks.Fufuture’s perpetual options product is feasible due to its use of decentralized oracles (Chainlink) and its non-liquidation design, making it a unique and viable solution for risk-conscious traders
3. Purpose of the system
   FuFuture is a cutting-edge platform specializing in coin-based derivatives trading. Its coin-based perpetual options products are designed to help traders achieve potential gains while limiting possible losses.This enhances liquidity, risk management, and profitability for users while maintaining a decentralized, transparent, and secure trading environment.
4. Scope of the system
   The system scope includes:
5. Allowing perpetual options trading on BTC and ETH using any token as collateral.
6. Implementing decentralized oracles for price feeds.
7. Enabling liquidity pools where users can contribute tokens and earn rewards.
8. Objectives and success criteria of the project
   Increase the trading retention rate of native CFX token holders to 30%.
   Connect high-quality project tokens on CFX to FuFuture.
   • Success criteria include high user retention, increased TVL (Total Value Locked), and high participation in liquidity pools.
9. Definitions, acronyms, and abbreviations
   TVL: Total Value Locked (the total amount of funds held in the platform’s smart contracts) CEX: Centralized Exchange DEX: Decentralized Exchange
10. Include any references Official Medium https://medium.com/@Fufuture Official Gitbook https://fufuture.gitbook.io/fufuture/

Technical Proposal

1. Functional overview of your system
   Identify all of the core aspects of your system and elements to uphold its functionality • A non-liquidation trading system. • Chainlink-powered decentralized price feeds. • Provide liquidity to earn token dividends.
   Legal/licensing aspects (if any)
   None
2. Non-functional overview, outlining user-expected factors which are not directly related to functionality
3. Usability: The platform is designed for traders and liquidity providers.
4. Reliability: The system uses audited smart contracts to ensure safe and reliable transactions.
5. Performance: The platform aims for high throughput and low latency in trade executions.
6. Implementation：Fufuture will be implemented through gradual deployment, starting with testnet trials, followed by a full launch on the mainnet for BTC and ETH perpetual options trading.
7. User interface：The user interface is designed to be intuitive, offering customizable trading views, easy market tracking, and multi-language support for a global audience.

Budget

1. Grant Size
   The total grant requested is $50000 to cover development, security audits, marketing, and liquidity incentives
2. Justification: Break down the activities and costs associated with requested grant amount
   The requested funds will be used for:
   Smart contract development: 20%
   Security audit: 20%
   Marketing and branding: 20%
   treading incentives: 40%

Development Roadmap
Outline the general timeline and set milestones for deployment of your system using the Conflux grant. Set deliverables in advance to confirm achievement of a milestone so that the community can track your progress. Include:
Timeline and milestones
Early November: Complete the deployment of the FuFuture protocol on the Conflux chain, including oracle and other deployment developments.
Two Months :(Early November to Early January): Activate native token trading on the Conflux chain, increasing interaction volume.
Phase Three :(Two Months): Complete the cross-chain transfer of additional tokens to Conflux.
Requested funding per milestone
Early November: $20000 for smart contract development and initial security audits.
Two Months: $10000 for product launch on Conflux and BSC, including marketing campaigns.
Phase Three: $20000 for treading incentives.
Specification of software/deliverable

1. Fully functional smart contracts for perpetual options trading.
2. Decentralized price feed integration (Chainlink).
3. Liquidity pool functionality mechanisms.
4. User-friendly UI for trading and liquidity provision

Team
Describe the team of the project, their skills and roles. Please include the following information for all team members:

1. Name
   Bill
   Jack ma
   June
   Dabai
   Zack
2. Roles and responsibilities
   Bill MP＆Founder
   Jack ma CEO＆Co-founder
   June COO＆Co-founder
   Dabai UI
   Zack Contract
3. Relevant experience
   Bill has extensive experience in financial derivatives design, having worked on the development of key products for major exchanges like Bybitand OKEX. He holds a Ph.D. in Financial Engineering from Fudan University.
   Jack Ma has extensive experience in the blockchain industry and a background in drafting government reports. He has also supervised the publication of an official blockchain book series.
   June has extensive experience in foreign trade and trading and is a seasoned trader among the first in the country to introduce stock index trading.
4. Github repos
   https://github.com/garlicwilliam/fufuture.git
5. Team member social media handles
   Bill（Full time）http://linkedin.com/in/
   Dabai（Full time）https://www.linkedin.com/in/tend-li-3b162727a
   Zack（Full time） https://www.linkedin.com/in/zackhuang13911070616/
   Jack ma（Full time） https://linkedin.com/in/uu-uu-646331310
   June （Full time） https://linkedin.com/in/yin-guo-40b641310

Terms of Use
Confirm that you agree to the terms of use for applying to a Conflux Ecosystem Grant by including the entirety of the following statement and conditions: I agree to all of the following terms of use in applying to a Conflux Ecosystem Grant
I agree to all of the following terms of use in applying to a Conflux Ecosystem Grant

1. I have read and understood the Conflux Grants Ecosystem Overview
2. I have read about and understood that the Conflux Technical Grants are subject to a No-Sale rule
3. I agree to provide KYC information to the Conflux Foundation for the sake of overall ecosystem security
4. I understand that I will be required to follow public grant reporting requirements

[cj_hux]

Thanks for your proposals. There are a few points in the current proposal that I think should be reconsidered:

• Foundation typically expect grant funds to be directed towards activities that drive direct growth (i.e.: incentives, user engagement initiatives), rather than adaptation or audit.
• Include a detailed list of growth milestones with a separate clear budget breakdown. For each milestone, provide a specific budget linked to its KPIs, where KPIs are the conditions at which the funds are released. Focus on when the funds will be released, and separately outline a budget breakdown, how the grant is going to be used. (Note: The Foundation releases funds only after milestone and KPI completion.) This will aid in tracking progress and clarifying grant requirements.
• Include targeted KPIs for each milestone and the expected outcomes, covering both performance-based metrics (e.g., TVL, unique wallet addresses, transaction numbers, partner integrations) and user growth KPIs (e.g., social metrics such as: X followers, Telegram users, AMAs and user campaigns).
• Provide more details about the planned marketing activities!
• Can you expand on the long-term plans with the project? How you looking forward to grow?

[Christian]

ra

I agree with @cj_hux on the mentioned points above. @Fufuture please me more detailed on the milestones, ideally with sub-milestones.

Additionally, for the milestones ‘Two Months’, I suggest that the grants will only distributed to Conflux users regardless of Futures launching on BNB chain or not.

[Hauer_Yu]

Hi, There are detailed info about Our further plan:

1. Technical Deployment (Completed)
   Fufuture has been deployed on the Conflux blockchain, with all functionalities operational. Native tokens on the Conflux blockchain can now be used for perpetual options trading directly on Fufuture.
2. Request for 5,000 USD in Tokens
   The grant will be utilized to enhance the interaction volume of native on-chain tokens.
   As a token-based derivatives trading platform, Fufuture enables all on-chain assets to actively participate in derivatives trading, boosting their interaction and activity.
3. Request for 20,000 USD in Tokens for Ecosystem Activities
   The requested funds will remain in a Conflux account and be disbursed periodically based on activity performance.
   Activities are planned for a duration of 90 days.
4. Activation Plan for Native Asset Holders
   Native asset holders will be encouraged to trade on Fufuture, with incentives based on trading volume rankings or other mechanisms (potentially with optimized methods provided by Conflux).
   The focus is to stimulate the activity of native asset holders and increase on-chain engagement.
   With core asset holders actively participating, conversion rates are expected to reach approximately 30%, leading to a rapid increase in gas usage.
5. Activation of Other On-Chain Tokens, Projects, Ecosystems, and Users
   Additional grant amounts will be requested as needed, and plans will be devised through timely communication with the Conflux team.
   Increased native asset activity will attract upstream and downstream ecosystems in derivatives, such as one-click copy trading and on-chain quantitative trading, bringing additional supportive industries into the Conflux ecosystem.
6. Cross-Chain User Attraction via KOLs (Key Opinion Leaders)
   Using the influence of KOLs, we will attract token holders from other blockchains to migrate to Conflux for trading. This effort will include joint incentive plans with other projects, increasing new user registrations on Conflux.
   The specifics of this activity will be designed dynamically based on real-time conditions.
7. Integration with Fufuture’s Existing User Base
   Utilizing Fufuture’s existing agent system, we will disseminate information widely to ensure seamless integration between Fufuture users and the Conflux blockchain.
8. 2025 Development Plan
   Fufuture will introduce on-chain perpetual contracts, followed by offerings like gold, forex, futures, and commodities. These tools will enable real-world enterprises to conduct on-chain hedging operations, significantly increasing the TVL (Total Value Locked) of the Conflux blockchain.

[Christian]

Hello Fufuture team,

how do users provide liquidity on Fufuture? Is it similar to GMX via their GLP or is it more of an order-book type settlement?

[cj_hux]

Thank you for your responses. There are a few aspects of the current proposal that I believe could be improved:

• Please refine the budget breakdown and milestone list (including the original proposal) by adding clear performance and social KPIs. It would also be helpful to incorporate sub-milestones and provide more detailed milestone descriptions, as previously suggested.
• Consider including additional details and specific targets related to your marketing and trading activities.

Looking forward to your updated proposal!

[Hauer_Yu]

In Fufuture:
There are two types of Liquidity pools, " public pool, and private pool"

The public pools are like GLP and UniSwap, Aggregated additions, weighted dividends.
The private pools are like a order books, with users gaming one-to-one.

[Hauer_Yu]

Budget
Grant Size: The total requested grant amount is $50,000–$100,000.
Usage of Funds: Breakdown of activities and expenses
The requested funds will be used for development, marketing, and liquidity rewards.

• Smart Contract Development: $5,000
• Marketing and Branding: Approximately 20%
• Trading Incentives: More than 60%

Roadmap
Timeline and Milestones
Phase 1 (Early November): Complete the deployment of the FuFuture protocol on the Conflux chain, including oracles and other deployment developments. (Completed)

Phase 2: Trading competition (starting around December, lasting for 30 days): Activate local token trading on the Conflux chain and increase user engagement. Launch liquidity addition by the community and foundation.

• Target Users: Expected activation of 2,000 users, with at least 200 active users.
• Trading Volume Target: Achieve $400,000 worth of tokens as margin for trading.
• Conversion Rate: If the core asset owners on-chain cooperate, the conversion rate will be around 30%. Gas burning speed will increase rapidly.

By mobilizing community whales and the foundation to add liquidity, the event will reward daily trading volume and cumulative total trading volume.

                             *Ranking & Rewards:*

Notes:

• Rewards will be ranked based on the trading volume of the trading address.
• If the participating tokens are GAD or USDT, rewards will adjust based on price parameters.

Phase 3: Complete cross-chain transfers for other users, providing additional incremental users for Conflux. Using FuFuture’s existing agent system, we will extensively spread information to ensure seamless integration between FuFuture users and the Conflux blockchain. This phase will be designed based on real-time conditions.
（Depending on needs, we will apply for additional funding and collaborate with the Conflux team to formulate plans.）

• As on-chain native asset activity increases, derivative industries like one-click copy trading, on-chain quantification, etc., will be introduced, with at least one additional module to be added.

Requested Funds for Each Milestone:

• Early November: $50,000 for smart contract development and integration.
• Trading Competition Plan (30 Days): Requesting $20,000 in tokens for on-chain activities to activate native users on the Conflux chain. These funds will be kept in the TreeMap account and distributed periodically based on activity progress.
• Phase 3: Lasting for two months, this phase will be designed based on real-time conditions. The majority of the grant will be used for trading incentives.

[Hauer_Yu]

the following needs to be corrected

Conflux eSpace Grant Receiving Wallet Address
Conflux eSpace: 0xB155170B328FbE815637481bf8f74cdaEEa6bBf1

Technical Introduction

1. Scope of the System
   The system scope includes:

• Allowing any token to be used as collateral for perpetual options trading in BTC and ETH.
• Implementing decentralized oracles to provide price feeds.
• Enabling a fully open-source liquidity pool where any user can contribute tokens and earn rewards.

Objectives and Success Criteria of the Project

• Increase the transaction retention rate of local CFX token holders to 30%.
• Connect high-quality project tokens to FuFuture.
• Success criteria include high user retention, increased TVL (Total Value Locked), and high participation in the liquidity pool.

Non-functional Overview (User-Expected Factors Not Directly Related to Functionality)

• Usability: The platform is designed for both traders and liquidity providers.
• Reliability: The system uses audited smart contracts to ensure safe and reliable transactions.
• Performance: The platform aims to achieve high throughput and low-latency transaction execution.
• Implementation: FuFuture will be implemented through gradual deployment, starting with testnet trials and later launching perpetual options trading on the mainnet.

[cj_hux]

After reviewing the recent updates and comments on your proposal, I’ve found a few areas that could benefit from further refinement:

Main Proposal Adjustments:
Have you updated the main body of your proposal? It’s important to keep the main section (top part) consistently updated to reflect the latest data and insights. This alignment with the feedback and comments provided below ensures clarity and makes it easier to follow the finalized version of the proposal.

Budget Transparency and Focus:
To strengthen your proposal, consider focusing your budget allocation on initiatives that directly drive project growth, such as user engagement, community incentives, and marketing efforts. Avoid allocating funds to areas that do not align with the primary goals of the grant program, such as development, adaptation, or audits. This will ensure your proposal is fully aligned with the Foundation’s expectations.

Phase 1 Relevance:
Since Phase 1 appears to focus on deployment, which is already completed, consider removing or revising this section for clarity. Additionally, please clarify the rationale for requesting resources for aspects like smart contract development and integration if these tasks are already completed.

Sub-Phases for Project Growth:
For Phases 2 and 3, it may be helpful to introduce sub-phases or sub-milestones to better illustrate the project’s growth strategy. This would provide a clearer view of how the project intends to achieve its goals in stages.

KPIs for Milestones:
Include specific, measurable KPIs for each phase and sub-milestone to outline expected outcomes. These should cover:

• Performance-based metrics: e.g., TVL, transaction volumes, unique wallet addresses, or new partner integrations, web traffic.
• User growth metrics: e.g., social media engagement, community growth, and participation in activities like AMAs and user campaigns.

Growth Milestones and Budget Breakdown:
Provide a detailed list of growth milestones, with a corresponding breakdown of how grant resources will be allocated. Ensure that each milestone/phases is linked to its KPIs and that the timing and release of resources are clearly outlined. This will enhance transparency and help track progress effectively.

Marketing Initiatives:
Expand on the marketing initiatives you’ve proposed, such as trading competitions and on-chain activities. Provide more details on how these initiatives will be executed and the expected outcomes. A clear and compelling marketing strategy will strengthen your proposal.

[Hauer_Yu]

For the main body: only the receiving wallet address has been updated.

The other changes were made to resolve formatting issues on the forum, but the content itself remains unchanged.

KPIs for Milestones:
We aim to ensure that funds are used in alignment with the foundation’s goals. For example, we’ve allocated the majority of funds to incentivize users rather than spending on third-party audits or development.

Based on your feedback, we agree to remove the contract deployment fee in the first phase. Additionally, we’ll allocate over 80% of the funds to trading incentives and around 20% to marketing.

In Phase 2, The phase2 starts on December 10 and lasts for two months.

we’ll need your collaboration during the event to finalize the timeline and data. Since our goal is to incentivize your native users, a joint effort is essential for achieving reasonable outcomes.

The phase3 hasn’t started yet; its data will be determined based on the circumstances.

Please take our unique circumstances into account. Since our derivatives protocol is initially focused on activating the native token’s activity, setting KPIs unilaterally would be incomplete.

[cj_hux]

Unfortunately, the latest forum comment did not fully address or clarify the points I previously highlighted in the proposal comment section as necessary for moving the proposal to a vote.

Please reconsider and add detailed targets and clearer phases/milestones, along with measurable KPIs. To reiterate:

• Include specific, measurable KPIs for each phase/milestone, and consider breaking them down into sub-milestones to better outline expected outcomes and align them with the project’s growth trajectory.
  These should cover:
• Performance-based metrics: such as TVL, transaction volumes, Transaction number, unique wallet addresses, or new partner integrations, etc
• User growth metrics: including social media engagement, community expansion, and participation in activities like AMAs or user campaigns, etc

Looking forward to reading your revised proposal! Let me know how I can assist further.

[Hauer_Yu]

Overall Plan

Funding Scale

• Total funding request: $50,000 to $100,000.

Allocation:

• Over 80% for trading incentives.
• Approximately 20% for marketing efforts.

Timeline and Milestones

Phase 1: Initial Deployment

Timeframe: Early November 2024.

Key Achievements:

• Deployment of the FuFuture protocol on the Conflux chain, including oracles and other development elements.

Phase 2: Trading Competition (Two Months)
Funding Requested: $20,000 worth of tokens for on-chain activities.
• Month 1 (Testing Phase): $3,000 for initial activities.
• Month 2 (Official Mainnet Trading): $17,000 to activate Conflux chain native users.

Fund Management: Funds will be held in the TreeMap account and released periodically based on activity progress.

Goals:
1. Activate Conflux chain native token trading to boost user participation.
2. Increase community and foundation-provided liquidity.

Target Metrics:
• User Activation: Activate 2,000 users, with at least 200 active users.
• Trading Volume: Achieve $400,000 in token trading as collateral.
• Conversion Rate: Approximately 30% if supported by holders of core on-chain assets, driving rapid gas fee growth.

Time Nodes and Plans
Time Node 1 (Testing Phase, Weeks 1–2):

Goals:
• Activate 500 users.
• Achieve $100,000 in trading volume.

Activity Plan:
1. Launch community campaigns to attract early users via incentives (e.g., rewards for first trades or registrations).
2. Promote the platform on social media and within communities to enhance visibility.
3. Publish simple tutorials, videos, and guides to lower participation barriers.
4. Initiate small-scale trading competitions with leaderboard rewards to drive engagement.

Time Node 2 (Testing Phase, Weeks 3–4):
Goals:
• Cumulatively activate 1,000 users, with at least 100 active users.
• Reach $200,000 in cumulative trading volume.

Activity Plan:
1. Share achievements from the first two weeks to encourage broader participation.
2. Partner with KOLs or agents to amplify impact and attract new traders.
3. Launch a “Trading Points Reward Program,” unlocking token incentives based on trading volume.
4. Re-engage inactive users through reminders or additional rewards (e.g., transaction fee rebates or small bonuses).

Time Node 3 (Official Phase, Weeks 5–6):
Goals:
• Activate a total of 1,500 users, with at least 150 active users.
• Achieve a cumulative trading volume of $300,000.

Activity Plan:
1. Expand trading competitions with larger rewards for milestones (e.g., ranked rewards or cumulative volume bonuses).
2. Optimize the user experience through improved platform accessibility and performance.
3. Strengthen interactions with ecosystem partners to bring in additional users.
4. Increase community engagement with regular Q&A sessions, user stories, and trading strategies.

Time Node 4 (Official Phase, Weeks 7–8):
Goals:
• Activate a total of 2,000 users, with at least 200 active users.
• Reach $400,000 in cumulative trading volume.
• Stabilize the core asset conversion rate at 30%.

Activity Plan:
1. Host a “Grand Finale Trading Competition,” offering extra rewards to top traders.
2. Publish a comprehensive competition summary, recognizing active users and partners.
3. Conduct user surveys to gather feedback for future improvements.
4. Announce the next incentive program to maintain platform interest and momentum.

Additional Details:
Ranking and Rewards:
Rewards will be distributed based on transaction volume rankings for each address.

Phase 3: Activating Other Chains and Ecosystem Expansion
Funding Requested: $30,000–$50,000.
Goals:
1.Simplifying On-Chain Transactions:
• Request $3,000 in CFX funding to encourage adoption of a one-click copy trading system.
• Reward unique native addresses interacting with the system with incentives for 10,000 addresses.

2.Promoting Quantitative Trading on Chain:
• Request $10,000 to support users adopting on-chain quantitative trading solutions.
• Gas fee subsidies for 10,000 addresses based on transaction rankings (maximum reward: $100, with a 5% gradient decrease).

3.Cross-Chain User Acquisition:
• Request $20,000 to attract token holders from other chains to trade on Conflux.
• Specific plans will be adjusted dynamically based on progress.

Phase 4: 2026 Expansion
Objective: Launch gold, forex, futures, and commodities trading for real-world enterprises to conduct on-chain hedging with USDT on Conflux, significantly increasing TVL (Total Value Locked).
• Funding Requested: $47,000.
• Goal: Activate traditional users to trade on Conflux.
• Plan: To be determined.

[Hauer_Yu]

I agree to keep the proposal budget below $50,000 and temporarily remove Phase 4: “Expansion in 2026.”
• Phase 1: The initial deployment on the Conflux network has been completed and is therefore not linked to any budget or targets.

Phase 2:
Trading Competition (Two Months)
• Divided into two stages, requesting $20,000 worth of tokens for on-chain activities.
• Month 1: Testing phase, requesting $3,000 worth of tokens.
• Month 2: Official mainnet token trading phase, requesting $17,000 worth of tokens to activate native Conflux users.
These funds will be retained in the TreeMap account and disbursed periodically based on the progress of activities.

The initiative aims to boost trading activity with Conflux-native tokens, increase user participation, and inject liquidity into community funds and foundations.
• Target Users: Activate a total of 2,000 users, with at least 200 active users.
• Trading Volume Goal: Achieve $400,000 in token trading margin.
• Conversion Rate: If core asset holders on the chain cooperate, the conversion rate is expected to reach around 30%. Gas consumption rates will increase rapidly.

Milestone 1 (Testing Phase - 2 Weeks
Goals:
• Activate 500 users: Reward 1,000 addresses, where each trading address conducting $5 worth of token trades will be rewarded with $3 worth of CFX tokens.
• Estimated Trading Volume: $5,000 - $100,000.

Activity Plan:
1. Launch community events to attract early users, leveraging incentive mechanisms such as first-time trading rewards and registration benefits.
2. Promote the platform through social media and community channels to increase visibility. Launch an ambassador program (individuals who deposit 10,000 CFX tokens will qualify), limiting participants to approximately 10 people.
3. Publish simple tutorials, videos, and guide documents to lower the participation threshold for users.

Second Time Node (Testing Phase - Weeks 3-4)
Activity Plan:
1. Share performance data from the first two weeks within the community to encourage more users to participate.
2. Collaborate with ambassadors to expand the activity’s influence and attract new traders.
3. Launch a “Trading Points Reward Program” for new users, where token incentives are unlocked based on trading volume.

Third Time Node (Official Phase - One Month)
Goals:
• Activate 2,000 users: At least 200 of them must be active participants.
• Cumulative Trading Volume Target: $400,000.
• Core Asset Conversion Rate: Maintain a stable conversion rate of approximately 30%.

Activity Plan:
1. Launch a large-scale trading competition with staged rewards, such as trading rankings and cumulative trading volume rewards.
2. Continuously optimize user experience by improving platform usability and performance.
3. Strengthen interactions with partner projects to attract more potential users through collaborations.
4. Increase community engagement frequency, provide regular Q&A sessions, share user stories, and trading strategies.
5. Announce the overall results of the trading competition, recognizing active users and partner projects.
6. Conduct user surveys to collect feedback and provide data support for optimization in subsequent stages.

[Fufuture]

Project Overview - Fufuture

• Fufuture is the world’s first fully decentralized coin-based perpetual options trading platform
• Fully decentralized platform for perpetual options trading, allowing users to trade with any token as collateral while minimizing risk through a non-liquidation model.
• Ability to trade without converting to stablecoins will enhance user retention and liquidity, directly increasing the overall transaction volume and on-chain interactions on Conflux, while efficiently burning gas
• Perpetual options trading on BTC and ETH using any token as collateral
• Fufuture has been deployed on the Conflux blockchain, with all functionalities operational. Native tokens on the Conflux blockchain can now be used for perpetual options trading directly on Fufuture.
• security from SlowMist、PeckShield audit

Official Website: https://www.fufuture.io 1

Dapp: https://app.fufuture.io

Telegram: https://t.me/+AvQWu0Lg6tcxMjZl

Twitter: https://twitter.com/fufuture_io 2

Github repos: https://github.com/garlicwilliam/fufuture.git

Team:

• Bill - MP＆Founder
  • extensive experience in financial derivatives design, having worked on the development of key products for major exchanges like Bybit and OKEX. He holds a Ph.D. in Financial Engineering from Fudan University
• Jack Ma - CEO＆Co-founder
  • experience in the blockchain industry and a background in drafting government reports. He has also supervised the publication of an official blockchain book series
  • https://linkedin.com/in/uu-uu-646331310
• June - COO＆Co-founder
  • experience in foreign trade and trading and is a seasoned trader among the first in the country to introduce stock index trading
  • https://linkedin.com/in/yin-guo-40b641310
• Dabai - UI
  • https://www.linkedin.com/in/tend-li-3b162727a
• Zack - Contract
  • https://www.linkedin.com/in/zackhuang13911070616/

Proposal Details:

• Type: Decentralized perpetual options trading platform

• Project: Fufuture

• Requested Grant Size: $50,000

  • Marketing budget and liquidity incentives to fun the Trading Competition (Two Months)
    • increase the trading retention rate of native CFX token holders to 30%,
    • to connect high-quality project tokens on CFX to FuFuture.
  • Success criteria include high user retention, increased TVL (Total Value Locked), and high participation in liquidity pools.
  • Funds will be retained in the TreeMap account and disbursed periodically based on the progress of activities

• Project Milestones for Fufuture:

  • Milestone 1: $ 3K- 2 Weeks
    • Activate 500 users
    • Reward 1,000 addresses, where each trading address conducting $5 worth of token trades be rewarded with $3 worth of CFX tokens
    • Trading Volume: $5,000
  • Milestone 2: ($ 5k) - Weeks 3-4
    • Launch a “Trading Points Reward Program: for new users, where token incentives are unlocked based on trading volume.
    • Each trading address will be rewarded with $5 worth of CFX tokens for every $100 worth of token trades accumulated daily.
    • Trading Volume: $100，000
  • Milestone 3: $42 - Weeks 5-8
    • Milestone 3.1:
      KPI:1.Activate 1,000 users，
      2.At least 100 of them must be active participants
      Budget:＄10K
    • Milestone 3.2:
      KPI: Cumulative Trading Volume Target: $200,000
      Budget:＄10K
    • Milestone 3.3:
      KPI:Core Asset Conversion Rate: Maintain a stable conversion rate of over 30%.(The retention rate of token-holding users participating in trading.）
      Budget:＄2K
    • Milestone 3.4:
      KPI: 1.Activate 1,000 users，
      2.at least 100 of them must be active participants
      3.Cumulative Trading Volume Target: $400,000
      Budget:＄20K

[GLM]

User here can you please see to the v1 pools. The v1 UI does not detect existing pools that I both pledged tokens into the pools and put trading collateral to trade with. Since it’s all JavaScript driven it’s impossible to use the UI to recover assets or trade. Also the contract is not verified.

[Fufuture]

Q1:The v1 UI does not detect existing pools that I both pledged tokens into the pools and put trading collateral to trade with.
A1：These are two separate roles. You cannot simultaneously act as both a liquidity pool provider and a trader, using same sets of funds at the same time.
Q2：It’s all JavaScript driven it’s impossible to use the UI to recover assets or trade.
A2: JavaScript cannot directly recover assets from the UI, but it can call ABI interfaces to operate assets.It’s all right with V1,please describe the issue you encountered in detail.
Q3：The contract is not verified.
A3：This is audit
https://github.com/peckshield/publications/blob/master/audit_reports/PeckShield-Audit-Report-Shield-v1.0.pdf

In addition, our V2 version has been launched.
V2：https://appv2.fufuture.io/u/trade

[Fufuture]

Project Overview - Fufuture

Fufuture is the world’s first fully decentralized coin-based perpetual options trading platform
Fully decentralized platform for perpetual options trading, allowing users to trade with any token as collateral while minimizing risk through a non-liquidation model.
Ability to trade without converting to stablecoins will enhance user retention and liquidity, directly increasing the overall transaction volume and on-chain interactions on Conflux, while efficiently burning gas
Perpetual options trading on BTC and ETH using any token as collateral
Fufuture has been deployed on the Conflux blockchain, with all functionalities operational. Native tokens on the Conflux blockchain can now be used for perpetual options trading directly on Fufuture.
security from SlowMist、PeckShield audit
Official Website: https://www.fufuture.io 1

Dapp: https://app.fufuture.io

Telegram: https://t.me/+AvQWu0Lg6tcxMjZl 1

Twitter: https://twitter.com/fufuture_io 2

Github repos: https://github.com/garlicwilliam/fufuture.git

Team:

Bill - MP＆Founder
extensive experience in financial derivatives design, having worked on the development of key products for major exchanges like Bybit and OKEX. He holds a Ph.D. in Financial Engineering from Fudan University
Jack Ma - CEO＆Co-founder
experience in the blockchain industry and a background in drafting government reports. He has also supervised the publication of an official blockchain book series
https://linkedin.com/in/uu-uu-646331310
June - COO＆Co-founder
experience in foreign trade and trading and is a seasoned trader among the first in the country to introduce stock index trading
https://linkedin.com/in/yin-guo-40b641310
Dabai - UI
https://www.linkedin.com/in/tend-li-3b162727a
Zack - Contract
https://www.linkedin.com/in/zackhuang13911070616/
Proposal Details:

Type: Decentralized perpetual options trading platform

Project: Fufuture

Requested Grant Size: $50,000

Marketing budget and liquidity incentives to fun the Trading Competition (Two Months)
increase the trading retention rate of native CFX token holders to 30%,
to connect high-quality project tokens on CFX to FuFuture.
Success criteria include high user retention, increased TVL (Total Value Locked), and high participation in liquidity pools.
Funds will be retained in the TreeMap account and disbursed periodically based on the progress of activities
Project Milestones for Fufuture:

Milestone 1: $ 3K- 2 Weeks
Activate 500 users
Reward 1,000 addresses, where each trading address conducting $5 worth of token trades be rewarded with $3 worth of CFX tokens
Trading Volume: $5,000
A new trading channel has been added to the Conflux Discord server, where trading plans, activities, and distribution are all conducted.
Performance KPI：1000 transaction orders.
Social KPI: 200 users joining the Discord channel.
Milestone 2: ($ 5k) - Weeks 3-4
Launch a “Trading Points Reward Program: for new users, where token incentives are unlocked based on trading volume.
Each trading address will be rewarded with $5 worth of CFX tokens for every $100 worth of token trades accumulated daily.
Performance KPI：Cumulative 2000 transaction orders.
Trading Volume: $100，000
Milestone 3: $42 - Weeks 5-8
Milestone 3.1:
KPI:1.Activate 1,000 users
2.At least 100 of them must be active participants
Budget:＄9K
Milestone 3.2:
Performance KPI: Cumulative Trading Volume Target: $200,000
Budget:＄9K
Milestone 3.3:
KPI:Core Asset Conversion Rate: Maintain a stable conversion rate of over 30%.(The retention rate of token-holding users participating in trading.）
Budget:＄2K
Milestone 3.4:
Social KPI: 400 users joining the Discord channel.
Budget:＄2K
Milestone 3.5:
KPI: 1.Activate 2,000 users，
2.at least 200 of them must be active participants
3.Cumulative Trading Volume Target: $400,000
Budget:＄20K

[GLM]

A1: I used different accounts to pledge to pools and to trade.
A2: Is seems to be a CORs error from origin https://app.fufuture.io to https://api.subquery.network/sq/Tendows123/conflux
This is preventing the UI from detecting any v1 coins/pools
V2 does not have the issue but it also does not show the coins/pools that my funds are already involved with.

[Fufuture]

The liquidity pools of V1 and V2 are not interchangeable. Since Conflux has already deployed the V2 version, the V1 version of the RPC will be discontinued. If you want to use Fufuture, you can do so on the Conflux2 network with the V2 version.