Spool Docs
Understanding a Spool
A Spool is a Smart Contract that routes deposits into an array of different Yield Generators in a risk-managed and yield-optimized manner.
In simple terms, a Spool could be compared to a "traditional DeFi vault”, as both take on the job of managing and compounding capital via a strategy. The key difference is that a Spool can be individually setup by users in a permissionless manner.
A Spool contains an assigned Risk Appetite, a chosen Risk Model, and a subset of selected Yield Generators. Mind you that a Spool does not hold user funds directly in the contract itself.
A Spool's contents.
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