> ## Documentation Index
> Fetch the complete documentation index at: https://docs.cashmere.exchange/llms.txt
> Use this file to discover all available pages before exploring further.

# Roadmap

> Where Goat Street goes after royalty: liquidity farming strategies on Uniswap V3, V4 and STORMM.

<Callout type="warning">
  **Everything on this page is intention, not a promise.** The rest of these docs describes
  contracts that are deployed and verified. Nothing here is deployed, none of it is committed to in
  code, and no dates are given. Judge the project on what is already on chain.
</Callout>

## What exists today

Goat Street converts revenue into tokenized equities and credits them to holders by weight. That is
the whole live product, and it is deliberately narrow: one conversion, one ledger, and whatever
revenue has actually reached the pot.

Two sources reach it today — marketplace royalty and half of every entry fee. **Cashmere app
revenue, and revenue from the products on this page, are intended to be routed into the same pot.**
The engine splits whatever arrives, so adding a source needs no contract change; what it needs is
the team actually sending it.

Half of the royalty, and half of every entry fee, goes to the treasury instead. Today that half is
a balance. The rest of this page is what it is meant to become.

## Liquidity farming

The plan is to put the treasury half to work in the same markets the rewards are bought from, and
to route what it earns back into the pot that pays holders.

Three venues: **Uniswap V3**, **Uniswap V4**, and **STORMM** — the options engine behind Clutch
Markets' Leverage Machine, on the same chain.

<CardGroup cols={2}>
  <Card title="Concentrated liquidity farming" icon="arrows-to-dot">
    Narrow ranges around the current mark on the tokenized-equity pairs, rebalanced as it moves.
    More fee income per unit of capital than a full-range position, in exchange for active
    management.
  </Card>

  <Card title="Delta-neutral LP farming" icon="scale-balanced">
    Providing liquidity while hedging the price exposure that comes with it, so what is earned is
    the fee and the premium rather than a bet on the stock.
  </Card>

  <Card title="Automated liquidity farming" icon="robot">
    Rebalancing, range moves and hedges run on rules published in advance, rather than by hand.
  </Card>

  <Card title="Options underwriting on STORMM" icon="file-signature">
    Selling volatility against tokenized stock inventory, collecting premiums rather than taking a
    view on direction.
  </Card>
</CardGroup>

Why these and not something else: the pools that price a distribution are the same ones a position
would earn fees in. That makes this adjacent to the live product rather than a new business.

<Callout type="info">
  **V3 and V4 are not the same job.** Goat Street's router buys through Uniswap **V3** today, so
  liquidity provided there deepens the pools a distribution actually fills against. V4 holds more of
  the depth on this chain, but the engine cannot reach its singleton pool manager yet — teaching it
  to is a separate step, and one the engine's own settings allow without touching the registry, the
  credit ledger or the frozen rarity table.
</Callout>

## Access

The platform is intended to be open in two ways:

**Goat Street NFT holders** get access as part of holding a goat.

**Everyone else** can access it by paying a fee.

<Callout type="warning">
  Access is a **product decision, not a security property**. It says who may use an interface. It is
  not a claim that any contract checks anything about you, and it does not make participation an
  investment, a share of a business, or a claim on revenue. The [Terms](/goat-street/terms) apply to
  everything on this page.
</Callout>

## What would come first

<Steps>
  <Step title="Analytics">
    Publish what the treasury holds and what it earns, before anything is automated. A strategy
    nobody can audit is not ready to be automated.
  </Step>

  <Step title="One manual position">
    A single concentrated position in one pool the protocol already routes through. Small, visible,
    reversible.
  </Step>

  <Step title="Hedging it">
    Delta-neutral only once the unhedged version has run long enough to know what it costs.
  </Step>

  <Step title="V4 routing, then STORMM">
    Reach V4's depth from the engine, then underwrite options — volatility last, because being
    wrong there is most expensive.
  </Step>

  <Step title="Automation, then access">
    Rules published and running for a while before anyone else's capital is invited in.
  </Step>
</Steps>

## The honest limit

Revenue funds rewards. The treasury half funds liquidity. That liquidity earns fees and premiums,
and those returns are meant to flow back into the pot that buys rewards.

Only one link in that loop is a contract. **What reaches the pot reaching holders is mechanism** —
distributing and delivering are open to anyone and the ledger is per NFT. Which revenue is sent
there in the first place is not: routing Cashmere app revenue, or anything else on this page, is a
plan the team can execute well, badly, or not at all.

<Callout type="warning">
  **Treasury income is not a second reward stream, and holders have no claim on it.** Nothing in the
  contracts routes trading fees, option premium or LP income to holders. What holders are owed is
  whatever has actually reached the reward pot, split by weight. That is the whole of it — not what
  the treasury earns, and not what this page intends to send.

  If the treasury stopped tomorrow, every guarantee in these documents would still hold, because
  none of them depends on it.
</Callout>

<Callout type="info">
  STORMM and Leverage Machine are **built and operated by Clutch Markets**, not by us. Nothing here
  is a statement on their behalf or a commitment they have made.
</Callout>