Sypool monthly report for October
We hosted and participated in several events and continuously tested some functions of our products last month. We are waiting for the market to recover.
📝About the project
a. Discussing and designing our DAO structure.
b. Expanding our partnership with other projects in DeFi or GameFi field.
c. Designing and testing new SAP.
🧬About the tech
a. Fixing some bugs in the staking system.
b. Internal testing of Quant SAP and wait for the market recovery to start the public testing.
c. Adjust some display on UI of Structure Yield SAP.
👨👩👧👦About the community
a. 𝐈𝐧𝐯𝐢𝐭𝐞 𝐂𝐨𝐧𝐭𝐞𝐬𝐭 is still ongoing.
b. 𝐒𝐭𝐚𝐤𝐢𝐧𝐠 𝐀𝐜𝐜𝐞𝐥𝐞𝐫𝐚𝐭𝐞 𝐄𝐯𝐞𝐧𝐭 is still ongoing.
c. We hold an event to celebrate the long partnership with Pyth.
d. To express our gratitude to $SYP holders, we are hosting a giveaway, powered by @Galxe & @MEXC_Global
e. Join 0xGen event with @1solProtocol @AMAKUNIcom @GenesisUnivers @play_Bloomverse @StarryNift and @Meta2150s to celebrate Halloween, powered by @Galxe.
🤖Some future plans
Project:
More listings.
Improvements of the UI.
Invite other trading teams to deploy strategies on our platform.
Start Quant SAP public testing.
Develop new SAPs.
Tech:
Test new SAPs.
Design and develop new functions.
Community:
More interesting events.
Joint event with other projects.
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.
