Road and map

A dream could only fly when it has wings.

Basically, our Sypool is an asset management project. But besides profession, we also want everyone to enjoy the investment process and feel really participated. So in this article, we will explain where we are, our plans for the next few months and our core team members in detail.

🧱At first, we are focusing on the infrastructures.

Sypool will have four products, which are index-tracking SAP (Synthetic Asset Pool), trader-based SAP, structured yield fund and assets-backed quantitative trading SAP. They will be launched step by step. Till now, our website is about finished and private investment has already begun.

About the smart contract development, we have been working on two parts. The first part is based on rust, which is programming how the SAP function work and we are testing the staking function. Meanwhile we are working on the front end, the testnet. If you’re interested in the code part, we have uploaded part of our codes on Github. Go check it.

🎬Second, testnet launch.

After the testnet is launched, there will be test on minting/burning SAP token, SYP, our governance token and SOL will be accepted at the early stage. Also products will be tested, so welcome to mint SAPs on our testnet. For early minters, they will get SYP as rewards through airdrop.

Certainly, all codes will be audited through the third party.

🔬Third, more tests on testnet.

We will test the new manager application function, managers need to provide their personal information, strategies and the white list of tokens to the foundation for audition and pay management fees.

Farming will be available for users, LP tokens will be acceptable in the future.

A voting campaign will be conducted in Q4 of this year to test community governance. And at that time, Dashboard with ETH standard or BTC standard will be available along with USDT standard.

💻Forth, mainnet launch!

💡Along the road, many new Lego pieces will be deployed on our protocol. The following is just what we have planed.

▪ We will work with a CEX to support our quantitative trading SAP.

▪ LP token will be acceptable for farming.

▪ We are going to introduce a stable coin named SAI. By staking SAP in the protocol, stable coin is generated and viewed as holder’s debt to the protocol. The collateral rate is 300%. When the value of SAP decease and the collateral rate reaches 250%, a warning message will be sent to the SAI holder.

▪ Derivatives are being planned such as perpetual futures and options.

▪ There will be a perpetual no-loss lottery SAP! Users can mint Lottery Pool share tokens with their own tokens. And these tokens would be used to farm in vaults like yearn. The weekly yield will be poured into the prize pool.

▪ NFT will be minted to reward users and managers.

Core team members

👨‍💼Jackson, our co founder is the founder of quantum technologies, which manages more than $300 million of quantitative funds and has rich experience in financial industry and blockchain industry.

👨‍💻King, our CTO worked in Neugelium on a neuromorphic chip, cooperated with Chinese Academy of Sciences. He is also the founder of Zhencheng Science and Technology Ltd., providing service as business consulting & 2B software customization and the founder of LeepAccelerator, startuping projects as Ourtimes (social app), A Moment ( event platform) and Zlement (startup tools aggregator).

🕵William, our CRO was the chief risk control officer and FOF investment manager of duet group in London, leading the formulation of the company’s $6 billion fund risk management strategy and has developed risk management processes, risk quantitative models and formulated quantitative risk management indicators.

“While new ideas emerge everyday in the team, we don’t know where this road leads us, but we are on the road. The project looks quite different from what it was a few months ago, and it will look even more different in the future. We just do our best, and hope for the best. With you guys, our dear community, we can do this.” — —Jackson. Co founder

📟If you want to know more about Sypool, follow us on Twitter, join us on Telegram.