KaspaEVM Roadmap
This page will contain an outlined Roadmap for the KaspaEVM project.
Last updated
This page will contain an outlined Roadmap for the KaspaEVM project.
Last updated
Hello Kaspa community! We’re DeFiDevShop, and we’re excited to share our proposal to create KaspaEVM—an EVM-compatible sidechain for Kaspa. DeFiDevShop is ran by the team at WiseSoft LLC which is an American based company that is also behind Wise Token, Wise Lending, and other DeFi applications. Wise Token currently has over 50Million dollars worth of liquidity and is one of the top pools on Uniswap V2. Wise Lending is currently making major partnerships with top blockchain projects such as KiiChain who has promised a multi million dollar commitment to the Wise Lending protocol.
We are currently seeking out a funding partner such as the Kaspa Ecosystem Fund (KEF) to aid in funding the development of the KaspaEVM project. The KEF has shown some interest in our project and will at least soon look into our project to see if it fits within their category of projects to support. However, this process of looking into our project may take some time and nothing guaranteed.
Kaspa is also a decentralized project with a massive community. We are willing to work with any funding partner or group of people willing to see the KaspaEVM project come to life. Once we secure a funding partner that can fund the initial phases of the project we can immediately begin development. We are open to being as transparent as possible and as a registered LLC in America we are capable of signing legally binding agreements to deliver on all of our promises. We are committed to keeping the Kaspa community updated as frequently as possible with posts on X, YouTube videos, etc. The information on our team members are public and our founder (Peter Girr) is a public figure.
Below is an overview of our approach, timeline, and estimated budget requirements.
The Big Picture
KaspaEVM will function as an EVM compatible sidechain to Kaspa, allowing users to seamlessly bridge 1:1 between real Kaspa and the sidechain’s KaspaEVM coin. Solidity smart contracts will be enabled on this sidechain allowing the Kaspa community to participate in DeFi, NFTs, and all the other benefits that smart contracts offer. On top of that, the sidechain will be one of the most decentralized Proof-of-Stake (PoS) chain—to secure KaspaEVM via staking. However, since Kaspa has a fixed supply and can’t generate new coins for rewards, we’ll introduce a secondary token that validators earn when they stake KaspaEVM. This approach ensures the sidechain remains stable, secure and incentivized, while preserving Kaspa’s existing tokenomics. Kaspa itself will still be used to deploy smart contracts and pay for transaction fees.
Unique Challenge & Incentive Design
Instead of issuing new Kaspa, fees from transactions on KaspaEVM sidechain will flow into a smart contract that automatically buys back our secondary token from the market. This token goes to validators who maintain the network. We'll also integrate the existing bridging partner (Wanchain is our goal bridging partner) so the 1:1 peg to Kaspa holds at all times.
Optional Celo-Style Fee Payments If time and complexity permit, we’ll also implement a feature similar to Celo, allowing users to pay gas fees in selected ERC20 tokens. This can help drive adoption by offering more flexibility and making the chain friendlier to a wider range of dApps and users.
Below is a four-phase plan to move from concept to full mainnet launch.
Phase 1: Architecture & Planning (2–3 weeks)
In-Depth Code Review: Examine the project's PoS logic, bridging requirements, and any previous known issues.
Reward Mechanism Design: Map out how fees are collected, how the buyback contract operates, and how we distribute rewards to validators.
Project Planning: Establish timelines, finalize scope, and confirm resource needs.
Deliverables:
Technical specs and architecture doc
Revised roadmap and cost estimate, if needed
Phase 2: Core Implementation (4–6 weeks)
Development Begins: Launch a new repo for KaspaEVM, configure chain parameters, and develop our unique emission logic.
Secondary Incentive Token: Develop the contracts for buying back and distributing this token to validators.
Optional Multi-Token Fee Support: Implement Celo-like functionality if we decide it’s a good fit.
Deliverables:
Functional version of KaspaEVM node software
Smart contracts for fee aggregation, buyback, and reward distribution
Phase 3: Testnet & Auditing (4–6 weeks)
Testnet Launch: Deploy a testnet (public or private) so early adopters can experiment and provide feedback.
Bridge Integration: Work with our chosen bridging partner to integrate bridging mechanisms on both sides.
Security Audit: Engage a reputable firm to review our code and address any issues before mainnet.
Deliverables:
Fully functional KaspaEVM testnet
Bridge and staking components tested
Audit report and any recommended fixes
testnet block explorer
Phase 4: Mainnet Launch & Support (2–3 weeks)
Mainnet Launch: Configure final parameters, roll out nodes, publish official RPC endpoints, and release mainnet block explorer
Validator Onboarding: Provide detailed docs for allnodes.com, mintair.xyz, nodehub.io or any node service we partner with so users can easily stake and secure the network.
Post-Launch Monitoring: Track network performance, troubleshoot issues, and release patches if needed.
Deliverables:
KaspaEVM mainnet ready for validators and bridge transactions
Documentation for node operators and end-users
Mainnet block explorer
Below is a rough cost breakdown. These numbers can shift based on final scope, the complexity of the reward system, audit requirements, and whether we include optional features.
Phase 1: $15,000 – $25,000
Phase 2: $35,000 – $60,000
Phase 3: $40,000 – $70,000
Includes the cost of an external code audit (ranges from $10k to $30k depending on the auditor).
Phase 4: $15,000 – $25,000
Overall Estimate: $105,000 – $180,000
Please note that a top-tier audit (e.g., by ConsenSys Diligence or Quantstamp) could exceed $50,000, depending on their scope.
Upon release of this outlined roadmap we will need to secure a funding partner for the development of KaspaEVM.
Once we secure funding for each specific phase within their respected timeline we will sign all necessary legal documentation (if required) and begin work immediately.
We will follow the timeline outlined in the "Development Phases" section.
Ongoing Updates: We’ll provide weekly or bi-weekly progress calls or reports to keep everyone in sync.
UPDATES : This section specifically will be for any updates on our progress in securing funding for KaspaEVM. As of 2/24/2025 we currently still do not have one.
Is the KaspaEVM project trying to create a new coin or will it use Kaspa ?
Kaspa will be the main coin used on the KaspaEVM sidechain for smart contract deployment and for paying transaction fees in. When a user bridges their Kaspa to the KaspaEVM sidechain, they receive KaspaEVM. KaspaEVM will always have the same price as Kaspa because it can always be redeemed for the original Kaspa. It is similar to how stable coins work. When you send Circle (the company behind USDC) $1,000 via wire transfer from your bank, they issue you 1,000 USDC. USDC is pegged to the price of the dollar because, at any time, you can return the USDC to Circle in exchange for the original $1,000 you sent them.
NOTE: As more highly important questions come through we will update the FAQ.
At DeFiDevShop, we specialize in delivering high-quality blockchain solutions tailored to each project’s needs. Our team is deeply experienced in bridging Proof-of-Work chains into EVM ecosystems, and we’ve collectively built and audited projects that have processed over $1 billion through our smart contracts. We offer:
Transparent Communication: Expect regular progress updates and clear milestone tracking.
Robust Security: We follow industry best practices for secure development and encourage thorough audits to protect users.
Proven Expertise: Our portfolio spans DeFi platforms, NFT marketplaces, and layer-1/layer-2 solutions, giving us a broad perspective on what it takes to launch a successful blockchain project.
We’re confident that combining Kaspa’s strong community and well-known PoW technology with our deep EVM experience will create a vibrant ecosystem—without compromising Kaspa’s core tokenomics. We’d love to help bring KaspaEVM to life.
Thank you for reading and We’re looking forward to the opportunity to bring KaspaEVM to life.
