# Phase 2: Development of Meychain

### **Blockchain Development Stages**

* **Development Timeline (November 2024 - July 2025)**

During this period, Meychain will undergo crucial stages of development, focusing on building a robust, secure, and scalable blockchain infrastructure. The development process will include the creation of smart contracts, integration of staking and governance mechanisms, and ensuring compliance with regulatory standards.

### **Testnet and Mainnet Launches**

* **Testnet Launch (September 2025)**

Introduction of the Meychain testnet, allowing developers and early adopters to test the network’s functionalities, smart contracts, and integration with MeyFi.

This stage is crucial for identifying and addressing any potential issues before the public release.

* **Mainnet Launch**

Following a successful testnet phase, the Meychain mainnet will be launched, enabling full functionality, including token transfers, staking, and DAO governance.


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