Top Page | English | 简体中文 | 繁體中文 | 한국어 | 日本語
Wednesday, 21 September 2022, 23:38 HKT/SGT

Source: Spool
Spool launches its Smart Vault tool to radically simplify risk-managed yield portfolio creation
Created to alleviate DeFi investment obstacles, Spool's flagship service empowers individuals and institutions to easily build diversified, risk-adjusted yield portfolios that are auto-compounding and auto-rebalanced.

Tel Aviv, Israel, Sept 21, 2022 - (ACN Newswire) - Spool, the DAO creating a platform to build seamless DeFi products for investors of all backgrounds, launches its Smart Vault creation tool. Smart Vaults enable individuals and institutions to create customizable and diversified yield portfolios. Through a 5-step Smart Vault, or "Spool," creation process, users can tailor all aspects of their portfolio, including assets, risk models, strategies, and allocations, to their goals.

Digital assets have the potential to change how people invest and build wealth. But the difficulty in getting accustomed to DeFi processes slows adoption. Cryptocurrency can be confusing to navigate on its own, and adding in the complexities of financial strategies and technology often stifles curiosity and exploration. Traditional institutions and individual investors interested in entering the DeFi space may find it grueling to build and manage comprehensive yield-generating portfolios.

Spool empowers investors of all sizes to easily participate in DeFi by simplifying previously inaccessible investment products. Through its non-custodial platform, users now have access to multiple yield generators while maintaining control of risk appetite and portfolio diversification. Built as a toolbox for institutions and individuals exploring decentralized finance, Spool eliminates the complexity that often characterizes DeFi product creation. The Spool Smart Vault creation pathway grants user agency over every key parameter of their DeFi portfolio, including:

Spool Asset
Users can select from 3 stablecoins including USDC, DAI, and USDT to start building the portfolio.

Risk Model
Spool's native risk model analyzes key facets of yield generators including APY, TVL, time deployed, code audits, bug bounties, and depth of smart contracts to generate a comprehensive risk score. External risk model providers can create additional models implementing their own assessment criteria, which can be added to the platform once approved by the Spool DAO. This allows capital contributors to choose which model to utilize based on parameters that best suit their needs.

Creators can select and combine multiple strategies to build a diversified yield portfolio. Currently available strategies use key yield farming protocols and liquidity pools such as Aave, Curve, Harvest, Convex, and Yearn, among others.

Risk Appetite
Capital contributors can set an adjustable risk appetite for their chosen investments using a sliding scale from 1 to 10. Each setting automatically updates fund allocations to each strategy and the projected APY which reflects the risk appetite.

Performance Fee
Once all the yield generators are selected, Spool creators can set a performance fee to a maximum of 20 percent, generating additional profit from other investors choosing to deposit in the Smart Vault. Spool creators can then name their Spool and connect their crypto wallet, activating the Smart Vault.

The Spool creation feature opens the door for further developments. This includes a Software Development Kit (SDK) built for seamless white-labeled front-end integration by third-party developers, projects, and businesses to utilize Spool's Smart Vault solution. Additional integrations to Spool's native infrastructure include user-generated risk models and additional strategy protocols.

"We are incredibly proud to launch our flagship service to any investor or institution ready to make the leap into DeFi," says Philipp Zimmerer, Core Contributor at Spool. "DeFi is the future of finance, but making its infrastructure accessible to everyone is vital to help grow to its full potential. Opening our creation toolkit puts Spool at the forefront of becoming the hub for decentralized financial products and services."

About Spool

Spool is a DAO building a comprehensive and simplified infrastructure for DeFi investment products. Spool unlocks the capabilities of decentralized investment to a global audience through a single interface that prioritizes accessibility and customization. By providing a top-tier toolbox for institutions and investors alike-Spool opens the door for diversified, risk-adjusted DeFi returns. To learn more, please visit

Media Contact:
Anastasia Perlukhina

Topic: Press release summary
Source: Spool

Sectors: Crypto, Exchange, Blockchain Technology, FinTech
From the Asia Corporate News Network

Copyright © 2023 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

Latest Press Releases
CleverTap Unveils Signed Call(TM) for Trusted and Contextual Customer Engagement   
Dec 7, 2023 16:00 HKT/SGT
Honda to Begin Sales of Refreshed Odyssey in Japan  
Thursday, December 7, 2023 3:30:00 PM
5 Reasons to Apply for a Citi Plus Account  
Dec 7, 2023 15:00 HKT/SGT
Honda to Premiere New EV Series for Global Markets at CES 2024  
Thursday, December 7, 2023 12:00:00 PM
Golden Heaven Group Holdings Ltd. Intends to Enter into an Operating Lease Framework Agreement with A Top-tier Chinese Amusement Group  
Dec 7, 2023 10:00 HKT/SGT
Vesica AI Selected as Winner of Inaugural Olympus Asia Pacific Innovation Program  
Thursday, December 7, 2023 10:00:00 AM
Spikes Asia announces its 2024 Jury line-up  
Dec 7, 2023 09:00 HKT/SGT
The 24th Hong Kong Forum concludes successfully  
Dec 6, 2023 23:00 HKT/SGT
As Health Systems Struggle With Nursing Shortages, CGFNS International Sees a Sharp Rise in Nurses Seeking to Migrate to the U.S.  
Dec 6, 2023 22:00 HKT/SGT
Hitachi High-Tech Launches Dark Field Wafer Defect Inspection System DI4600 to Provide High Throughput and High-Precision Defect Detection on Patterned Wafers  
Wednesday, December 6, 2023 4:38:00 PM
More Press release >>
More >>
 News Alerts
Copyright © 2023 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Privacy Policy | Terms of Use | RSS
US: +1 214 890 4418 | Beijing: +86 400 879 3881 | Hong Kong: +852 8192 4922 | Singapore: +65 6549 7068 | Tokyo: +81 3 6859 8575

Connect With us: