Sypool monthly report for January
With the market recovering in 2023, Sypool is planning some big moves in 2023. Here is a recap of what we did in the first month of 2023 and our plans.
📝About the project
a. Working on UI resignation.
b. Designing a new product.
c. Developed a new trading strategy that adopts the AI algorithm.
d. Create a new series of tweets to share some trading signals.
👨👩👧👦About the community
a. 1Sol & Sypool Eco Christmas Party claim Mystery Box and forge the final NFT is ongoing.
b. We counted 1Sol & Sypool Eco Christmas Party eligible addresses first and announced the winner list.
c. Sypool held a campaign to celebrate Lunar New Year.
🤖Some future plans
a. Integrate more chains.
b. Provide trading strategy subscription service.
c. Perpetual tradings.
d. Release Quant SAP.
👉About Sypool
Sypool is a synthetic asset management protocol built by the professional quantitative trading team.
This is another innovation that we have migrated finance from off-chain to on-chain. This idea was inspired by both off-chain fund companies and packaged asset derivatives. On the one hand, we tokenize fund shares. On the other hand, this share token actually represents a small part of a multi-token pool, thus providing scarce liquidity for the cryptocurrency market.
Therefore, you can consider it as a fund share, or you can consider it as a mirrored token pool asset, or your own portfolio, as well as other new uses that may appear in the future.