Sypool monthly report for June
June passed. During the month of June, devs dedicated their efforts to working on the new branding. They also actively explored integrating zero-knowledge proof (ZKP) technology into the Sypool system.
📝About the project
a. Working on the integration of ZKP, read the article for details.
b. The new website and UI are under design.
c. New logo is around the corner!
d. Discussing details with some trading teams about the trading strategy deployment.
👨👩👧👦About the community
a. Shared some recent macro events we’ve compiled.
b.Hosted a logo design campaign and received 246 designs. We are still reviewing all the designs manually and will select 5 tops to reward 20,000 SYP each.
c. Shared weekly market reports written by our researchers.
d. Celebrated Dargonboat Festival and EID Al-ADHA Mubarak together with the community.
🤖Some future plans
a. Release the new brand.
b. Officially announce the new logo (very soon!)
c. Deploy onto multi chains.
d. Provide trading strategy subscription service.
e. Perpetual tradings.
f. Release Quant SAP.
g. Host more joint campaigns with partners.
👉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.
