11/6 Progress / Timeline Announcement

Hey Chameleon fam :lizard:

Time for a real update. We know it’s been quiet, thanks for sticking with us through the silence. :green_heart:

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THE REAL TALK :speech_balloon:

After taking a hard look at the codebase, we decided to do an almost complete rewrite. Not an easy call, but the right one if we want production-grade quality.

We’ve restructured the team, parting ways with 5 devs and bringing in specialists who really know their stuff: privacy systems, zkSNARKs, Substrate, and mobile development. :wrench:

We’re building on proven privacy blockchain frameworks while keeping what makes Chameleon special: MEV protection, mobile-first experience, and community governance. :bullseye:

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THE STACK :hammer_and_wrench:
Substrate Framework β†’ Battle-tested foundation :gear:
zkSNARK Cryptography β†’ Top-tier privacy layer :locked_with_key:
React Native β†’ Mobile-first experience :mobile_phone:
Rust & WebAssembly β†’ Security meets speed :high_voltage:

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DEVELOPMENT ROADMAP :date:
Phase 1: Foundation (Weeks 1-3)
Token economics (CHML, 100M supply), chain config, genesis block
Phase 2: Consensus (Weeks 4-6)
Validator rewards (20-year declining emission), staking (1,750 CHML min), delegation mechanics :gem_stone:
Phase 3: Privacy Layer (Weeks 7-9)
Local devnet, zkSNARK integration, privacy transaction testing :test_tube:
Milestone: Working devnet with private txs + staking
Phase 4: Core Features (Weeks 10-15)
Mobile wallet MVP, pDEX, MEV protection, Ethereum bridge :bridge_at_night:
Phase 5: Hardening (Weeks 16-21)
Security audits, testnet infrastructure, mobile beta program :magnifying_glass_tilted_left:
Phase 6: PUBLIC TESTNET (Week 22+) :tada:

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KEY DATES
:spiral_calendar: Testnet Launch: Mid-April 2026
:money_bag: Presale: After testnet validation period
:bullseye: Mainnet: TBD (audit-dependent)

Community Airdrop Pool: 5M CHML :wrapped_gift:
Eligible: Legacy holders, validators, beta testers, active testnet users

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WHAT YOU’LL TEST ON TESTNET :test_tube:
:white_check_mark: Private transactions (zkSNARKs in action) :locked:
:white_check_mark: MEV protection (front-running defense) :shield:
:white_check_mark: Mobile wallet (iOS + Android) :mobile_phone_with_arrow:
:white_check_mark: Staking & validator operations :money_bag:
:white_check_mark: pDEX swaps (private trading) :counterclockwise_arrows_button:
:white_check_mark: Ethereum bridge (cross-chain privacy) :bridge_at_night:

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WHAT’S DIFFERENT NOW

:loudspeaker: Weekly updates every Friday (starting next week), no more radio silence

:bullseye: We’re not taking shortcuts. We’re building something that actually works for real users, not just crypto degens.

Thanks for holding it down while we get this right. :folded_hands:

Let’s go :lizard::green_heart::rocket: