Introducing Spool

Spool is DeFi infrastructure, or ‘piping’, that allows users to build fully customised, risk-mitigated, ROI optimised, and automated yield-generating strategies… simply and effectively.

Spool allows anyone to create an automated yield-generating DeFi portfolio (a “Spool”) covering complex tasks, such as risk evaluation, risk/reward based portfolio construction, and rebalancing, in order to deliver the most optimal risk-adjusted yield from the custom strategies deployed, based on the user’s indicated risk tolerance.

Once created, a Spool can forever be accessed via a single deposit address. Any deposits are seamlessly added to the created strategy based on the optimal allocation as calculated by the Portfolio Constructor.

The Vision for Spool

Spool is designed for the existing crypto ecosystem, while also considering future sources of capital flowing into DeFi from traditional finance or new fintechs.

As middleware, it is intended as a toolbox for anyone to create automated yield-generating strategies that can act as a standalone and personal “custom vault” or as a tailor-made service offering for a community of users.

Some examples:

• DeFi power-users that have a clear strategy for their portfolio in mind, but lack the time or inclination to execute it manually
• DeFi newcomers that wish to automatically follow a yield strategy created by a trusted 3rd party
• Capital aggregators (like wallets or exchanges) that want to easily create a custom DeFi vault for their users with their own strategy and branding
• Community leaders seeking to provide a custom yield strategy for their community
• Market neutral funds looking to create and easily maintain complex stablecoin-based strategies for their capital

Spool is decentralised middleware, which means the creation of a Spool is completely free and available to anyone. Experimentation is encouraged, and with a full scripting environment, the possibilities are endless.

SpoolDAO — A DAO-First Approach

Permission-less middleware requires efficacy, transparency, and subject matter expertise.

To ensure that the core principles of decentralisation are adhered to from the outset, control was ceded to the DAO from day one. However, decentralisation is a process.

In order to guarantee that Spool can fulfil its vision, the DAO has been seeded with a broad spectrum of DeFi and blockchain experts that will jointly vote on proposals determining the short-term development of Spool.

By setting a professional and productive tone from the beginning, new members of the DAO will encounter an organised environment that supports purpose and relevance.

📰 INFO:

https://medium.com/spoolfi/spool-infrastructure-for-composable-capital-deployment-3a86b2fac798