FORWARDS

Revolutionizing DeFi with Asynchronous Trade and Settlement

This is a summary version of the full litepaper

Executive Summary

FORWARDS is revolutionizing the $3 trillion crypto market by eliminating its most restrictive limitation: the requirement for trades to execute and settle simultaneously. By decoupling trade execution from settlement, FORWARDS unlocks transformative possibilities that redefine capital efficiency, liquidity, and security across DeFi.

Secure Trading

Bitcoin can be traded while remaining in cold storage

Unlocked Assets

Trade staked tokens, vesting rewards, and LP positions

Advanced Trading

Access institutional-grade financial capabilities

The Current DeFi Trading Landscape

Limitations of Atomic Settlement

  • Capital Inefficiency: Users and market makers must provide 100% of the required assets upfront
  • Liquidity Provider Challenges: Impermanent loss risk, inefficient rebalancing, unsustainable incentives
  • Limited Trading Capabilities: Complex order types, cross-chain exchanges, staked assets
  • Real-World Impact: The unstaking dilemma with locked assets

Introducing FORWARDS

The Asynchronous Settlement Model

1

Trade Execution

Parties agree to trade terms recorded on-chain

2

Settlement Period

Predefined time window before asset exchange

3

Final Settlement

Assets exchanged according to agreed terms

How FORWARDS Works

Order Placement

Specify trade details and settlement timeframe

Escrow

Provide small escrow amount based on reputation

Trade Confirmation

Immediate confirmation with future settlement

Unlocking Previously Inaccessible Asset Classes

Staked Assets

Trade staked tokens without unstaking

Vested Tokens

Monetize future token distributions

Locked Tokens

Trade assets in farming incentives

Cold Storage

Trade while keeping assets secure

Advanced Trading Strategies

Shorting with Fixed Funding

  • Predictable costs
  • No variable funding rates
  • Locked-in costs

Future Revenue Trading

  • Protocol fees
  • Staking rewards
  • Block rewards

Technical Architecture

Execution Engine

Immediate trade agreement confirmation

Settlement Layer

Deferred settlement management

Risk Management

Escrow and reputation tracking

Governance Framework

Community protocol control

The FWD Token

Token Utility

  • Order Management
  • Governance Rights
  • Fee Revenue Distribution

Order Allowance Based on Staking

FWD Staked Order Allowance
0 0
100 10
1,000 15
10,000 20

Real-World Use Cases

Case 1: Trading While Maintaining Staking Yields

A delegator with $1 million in tokens can trade while maintaining staking rewards

Case 2: Forward-Selling Future Revenue

Developers can monetize future protocol fees immediately

Future of DeFi with Asynchronous Settlement

Institutional Adoption

Familiar settlement model bridging DeFi and traditional finance

Retail Accessibility

Reduced capital requirements and simplified operations

Capital Efficiency

Up to 90% reduction in liquidity requirements

Conclusion: The Next Evolution of DeFi

  • Enhances capital efficiency
  • Enables sophisticated trading strategies
  • Creates markets for untradable assets
  • Simplifies cross-chain operations
  • Provides familiar institutional model