Sypool monthly report for July
Sypool mainnet beta is completed in July, bugs have been fixed and we are now focusing on the new product, Quant SAP.
📝About the project
a. Mainnet beta is completed. All eligible winners are able to claim the rewards on our dapp.
📍Venue: https://app.sypool.io/reward
Here is a review for the 8-week mainnet beta:
b. SIX-SYP LP farming pool is closed, and a new farming pool will be created after the launch of a new product.
c. Added the portfolios and positions display of Quant SAP.
🧬About the tech
a. Fixed the inaccurate rate displayed on the transactions.
b. Farming is now supporting different kinds of token rewards.
c. Fixing the display problem of token rewards.
d. Testing Quant SAP.
e. Developing structured yield SAP.
👨👩👧👦About the community
a. Launch Sypool campaign with 6 projects.
b. Participate in the AMA with 6 projects hosted by Project Galaxy.
c. Had a twitter space with Zebec Protocol.
👨💼About investors and partners
a. Partnered with Zebec Protocol by using their most trusted Multisg Treasury Management.
Some future plans
Project:
More listings.
Make improvements based on the mainnet testing result.
Reach out to some potential partners.
Invite other trading teams to deploy strategies on our platform.
Start new SAP public testing.
Develop new SAPs.
Tech:
Test new SAPs.
Design and develop new functions.
Community:
More interesting events.
Twitter Space with other projects.
Investors and partners:
Collaborate with protocols and wallets with dapp stores to launch our dapp.
Collaborate with trading teams and other projects to launch new 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.
