Sypool monthly report for May
May has come to an end, and this month we have participated in numerous events organized by partner projects. About the project, we are undergoing a comprehensive update and iteration, preparing for cross-chain integration.
📝About the project
a. New brand and new website are under design
b. Adjusted the staking APY
c. Talked to some trading teams about the trading strategy deployment.
d. Released the new roadmap.
👨👩👧👦About the community
a. Finished the campaign with DefinePlatform.
b. Joint the trading campaign with 0xGen
c. Co-hosted the Pizza Day Campaign with Meta2150s
d. Co-hosted a giveaway campaign to celebrate our Twitter Account Recovery from being hacked.
e. Joint the Children’s Day Campaign hosted by Meta2150s
🤖Some future plans
a. Release the new brand.
b. Deploy onto multi chains.
c. Provide trading strategy subscription service.
d. Perpetual tradings.
e. Release Quant SAP.
f. 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.