Spool is intended to be a completely decentralized- and community-controlled open framework. The Spool DAO oversees, manages, and rewards ecosystem stakeholders. These functions include determining the composition of the Yield Generator array, managing Risk boundaries, setting fees for Risk Model Providers, and SPOOL Governance.
Upon Spool's full launch, the DAO will power the first Genesis Spool to enable Spool Token farming and provide the initial Risk Model for Spool Creators.
Spool DAO's Risk Model and the Genesis Spool will both remain available within the Spool Ecosystem. Additionally, other Spool Creators and Risk Model Providers will be able to offer alternative solutions.
The Spool DAO also oversees the DAO Treasury, which can be found here: