Sypool monthly report for March
March has come and gone, and throughout the month we continued to explore potential collaborations with various projects, while also delving into the innovative aspects of crypto together.
📝About the project
a. Working on the new UI.
b. In the process of deploying multi chains.
c. Designing a new product.
d. Integration of new functions.
e. Adjusting codes due to Phantom upgrade.
f. Talking to other projects about the collaboration.
👨👩👧👦About the community
- Released our weekly insight into the market.
- Launched a vote on the Bitcoin price at the end of March, 42.3% ppl thought that the price will be above 29,000 and it turned out that they were right.
- Kept talking to some projects in DeFi and GameFi to see if there are opportunities to collaborate and design some innovative products. Now acx.finance is onboard, more to come.
🤖Some future plans
a. Deploy onto multi chains.
b. Provide trading strategy subscription service.
c. Perpetual tradings.
d. Release Quant SAP.
e. 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.
