# Milestones

## 2024

### 2024 Q1

* Launched first Portfolio Vault (TeaVault v3 Portfolio smart contract) – Beta+ Long Portfolio Strategy on Arbitrum
* Revamped official homepage and logo design
* Reached $7.5M AUM
* Finished Phase 1 of Boba collaboration (Liquidity Mining Program) with 85.3% growth in TVL ($252,481 → $467,887). Started Phase 2, with a current 158.65% TVL growth (01/29/2024 - 3/31/2024).

### 2024 Q2

* Launched Easy-Earn Product 
* Launched TeaTime—Tea Points system event
* Forged many new partnerships and integrated LP pairs into five partner protocols’ UI
* Reached $9.3M AUM 
* Enhanced security with the addition of security monitoring services

### 2024 Q3

* Optimized Easy-Earn Product to support multiple chains for each asset token 
* Received Starknet Foundation Seed Grant 

### 2024 Q4

* Launched the Tea-REX beta version on the Sei network 
* Launched the Tea-REX trading competition

***

## 2023

### 2023 Q1

* Received $2M funding from AppWorks
* Selected as “[Best New Decentralized Finance Application of the Year](https://www.panewslab.com/party/2023)” by PANews
* Launched first public vault – Perpetual Protocol LP Strategy
* Launched a high-risk strategy, ETH Options Trading, on Optimism
* Optimized app design of the Teahouse strategy dashboard

### 2023 Q2

* Launched new Dual-Asset LP (Permissionless) Vaults, audited by Salus Security
* Launched Beta+ Momentum Trading Strategy
* Open Teahouse platform to strategy providers
* Improved Teahouse strategy platform automation, usability & analytics

### 2023 Q3

* Optimized user experience & revamped Teahouse dApp website
* Increased security: smart contract/code, products & processes, employee awareness, and equipment.

### 2023 Q4

* Opened all Managed Vaults to the public
* Optimized round cycles and lockdown time for Managed Vaults
* Collaborated with Boba network to offer boosted reward LP Vaults

***

## 2022

### 2022 Q1

**Partnerships**

* Improved [Teahouse Strategy Simulator](https://sim.teahouse.finance/) speed by 100x
* Invited 3rd-party strategy providers to develop strategies on Teahouse platform
* Partnered with Zoofrenz & Zombie Club as blockchain technology advisor and co-developer

### 2022 Q2

**HighTable NFTs**

* HighTable NFTs sale (First Phase)
* SecuX hardware wallets “airdrop”
* Launched first available strategy for HighTable holders: Blue Chip NFT Crowdfunding
* Announced Web3 gaming partnerships
* Launched community incentive plan (HOST program)

### 2022 Q3

**Strategy Vaults**

* Developed HighTableVault for accounting
* Completed TeaVault v.2 smart contract for whitelisted filters
* Launched strategies in each of Low/Medium/High risk categories

### 2022 Q4

**Strategy Round Fundraising**

* Closed Teahouse strategy round
* Launched additional strategies & increase AUM on Teahouse platform
* HighTable NFT public sale (Second Phase)
* HightTable NFT reveal event (TBD)

***

## 2021

### 2021 Q3

**Funding & Initial Development**

* Developed 1st Teahouse dynamic price-band strategy: WanHua v.1
* Deployed TeaVault smart contracts to Ethereum L1 & Arbitrum L2
* Completed Teahouse Simulator v.1
* Developed RESTful API for TeaVault
* Completed first round fundraising led by Pantera

### 2021 Q4

**Smart Contracts**

* “TeaVault” smart contract audit completed by HashCloak
* Deployed TeaVault smart contract to Optimism L2
* Developedd new passive strategy: Banqiao v.1
* Initiated volatility index research for WanHua v.2
* Launched Teahouse app private beta
* Completed second round of fundraising led by NGC Ventures