Sypool monthly report in Jan & Feb

Sypool Protocol
3 min readMar 2, 2022

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Two months have already passed in 2022, here is a recap to check what we have done in the past two months.

📝About the project

a. Final round of testnet is over, winners have claimed half of the rewards and will be able to claim the rest once we launch mainnet.

b. Staking launched and 17,885,091 $SYP has been locked in the staking pools now.

c. Finished the front-end of Farming and Trade

d. Redesigned the introduction page of SAP. (not the final version)

e. Some SAPs are deployed to mainnet for team internal testing.

f. Joined the event, 2022 is gonna be Sol cool with Project Galaxy and 26 other superb projects. 3692 Sypool NFTs have been minted.

g. Participating in Solana Riptide Hackathon@East Asia💪

Vote for us, Sypoolians. Let’s get to the top together😝

https://hackerlink.io/grant/solana3/

🧬About the tech

a. Codes audit finished.

b. Since the staking program of Sypool is a fully decentralized one, stakers will receive some auxiliary tokens in the wallet as proof of staking. Raydium reminded users to migrate auxiliary tokens Sypool minted for them after some of our users encountered the problem of migrating tokens.

Now we have solved the problem, thank Raydium for helping filter token mint.

If you encounter this problem, pls check our announcement channel for the solution or you can ask in our group.

c. The smart contract of SAP is finished and under testing. Some SAPs are deployed to mainnet for internal testing now.

👨‍👩‍👧‍👦About the community

a. We opened an account on TradingView and started sharing our views on market trends.

https://tradingview.com/u/Sypool/

👨‍💼About investors and partners

a. Joined 2022 is gonna be Sol cool hosted by Project Galaxy.

Some future plans

Project:

More listing.

Reach out to some potential partners.

Invite other trading teams to deploy strategies on our platform.

Design more SAPs.

Tech:

Test more SAPs.

Improve UI for both PC and mobile.

Design and develop new functions.

Community:

More activities are being planned.

Mainnet public testing event is being planned.

Investors and partners:

Collaborate with protocols and wallets with dapp stores to launch our dapp.

Crypto is neutral. — — Jackson says.

📟If you want to know more about Sypool, follow us on Twitter, join us on Telegram, drop in discord.

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Sypool Protocol

Sypool is a synthetic asset management protocol.This is another innovation that we have migrated finance from off-chain to on-chain.