Roadmap
The current Roadmap & past Achievements of the Spool Ecosystem.
Pre Product (Before 2022)
- Liquidity Bootstrap Event
- Raised a total of $16.65M in DAI
- Deployed the SPOOL/DAI Liquidity Pool on Uniswap
- BarnBridge, 4RC, Staking Rewards, Fintech IO, Genesis Block Ventures, Dot Finance, Bridge Mutual, AllianceBlock, Centrality, Minterest, CMS Holdings, Atka Capital, Signum Capital, Boxmining, Faculty Group, and Zokyo
- Spool Documentation was released
- Complete User-Friendly Documentation on the Spool Protocol & Ecosystem
- Published the first Spool Roadmap
Alpha 1.0 (Q1 - 2022)
- Deployed the Spool Protocol Smart Contracts
- All Smart Contracts that make Spool the protocol it is
- 7 Supported Yield Generators
- Aave, Compound, Convex, Curve, Harvest, Idle, and Yearn
- Released Spool Front End Application
- Front End to interact with Spool Smart Contracts
- SPOOL Token
- The SPOOL Token, token fueling the Spool Ecosystem
- SPOOL Token Staking
- Fee Revenue Sharing to SPOOL Token Holders
- Stakers are entitled to 80% of Spool its Protocol Generated Revenue
- Spool Labs Risk Model
- voSPOOL Token
- The voting and emission routing mechanism within the Spool Ecosystem
- Spool Documentation was updated for the final V1 Product Release
Alpha 1.5 (Q2-Q4 - 2022)
- Spool DAO
- The ability to participate in Spool Governance
- Spool Governance Forum
- Gave Users the ability to have discourse about Governance
- SDK for Front End Integrations
- Software Development Kit for Spool Integration
- Spool HTML iFrame Widget
- Widget for easy integration of Spool into any website
- User Generated Spool Smart Vaults
- Ability for Users to create their own Smart Vaults
- voSPOOL Directed Emissions
- Ability for voSPOOL Holders to direct the SPOOL Token Emissions to different Smart Vaults
- 7 New Strategies:
- Morpho Aave, Morpho Compound, Convex sUSD, Convex alUSD, Convex fraxUSD, Notional Finance, and Idle Tranches
- Announced & Signed Partnerships:
- Notional Finance, Unstoppable Domains, Trever, AngleDAO, Idle Finance, Yearn Finance, Morpho, AllianceBlock, and Bridge Mutual
- Signed & Unannounced Partnerships:
- Arbitrum, Harvest, Zapper, DeFi Lama, Ledger, TimelessFi, Balancer, Li.fi, Stakewise, Top Wallet, Fireblocks, Attrace, Quadrata, and Pana DAO
- A Peak Value of $70M TVR is achieved
- Spool DAO has deposited $10M worth of DAI to its own Protocol
- And generated approximately $100k in Real Yield on these assets
- A total of 70 Different Articles were posted on the Spool Medium
- Achieved 10k Unique Followers on Twitter
- Achieved 5k Unique Discord Members
- SPOOL Token received a (Not Officially Supported) listing on the BKEX Exchange
- SPOOL Token received a (Not Officially Supported) listing on the Hotbit Exchange
- Spool DAO has set up the Industry DeFi Council (IDC)
- The IDC is a platform for discourse and exchange in a high-trust environment
- IDC its goal is to build a bridge between TradFi & DeFi
- IDC Members include partners at some of the largest banks, top ranked law firms and the most innovative DeFi Protocols
Beta 2.0 (Q1 - 2023)
- Deployed on Arbitrum
- Granting Users the ability to use the Spool Protocol on Arbitrum
- 6 Arbitrum Spool Strategies
- Aave, Abracadabra, Balancer, Curve, Timeless.fi, and Yearn Finance
- Deployed the SPOOL Token to Arbitrum
- Deployed SPOOL/WETH Liquidity On Arbitrum through Camelot DEX
- In turn, Users can now stake their Liquidity Pool Tokens for xGRAIL, GRAIL and SPOOL Token Rewards
- Spool published its own Subgraph to The Graph Protocol
- Spool DAO members became the first to launch a fully banked Swisse Association
- Announced & Signed Partnerships:
- Fox Wallet, Li.fi, Unlimited DeFi, Nabux Wallet, Arbitrum, Coinhub Wallet, and Camelot
- Signed & Unannounced Partnerships:
- Deepwaters, Gearbox, Rocketpool, Staking Rewards, Matrixport, Propellerheads, Swapsicle, Backed, KuCoin Wallet, Wido, Galaxis, Nexera, Coinhub, Bitkeep, Teller, Sturdy, Beefy, 21Finance, Blocktrade, Elevated Finance, Ramm Protocol, API3, Artis, Consola Finance, Radiant, TimelessFi, Vaultka, Revest, Frontier, and GMO
- SPOOL Token received a (Not Officially Supported) listing on the Bitget Exchange
Spool V2 (Q2-Q4 - 2023)
- Deployment of the V2 Spool Protocol
- Audited at launch by Trail Of Bits
- Built on the same Battle Tested Logic as Spool V1
- V2 Protocol Extends the Spool Protocol Scope to:
- Allowing Deposits of all ERC20 Tokens:
- Liquidity Pool Tokens (LP Tokens)
- Liquid Staking Derivatives (LSDs)
- Volatile Tokens (ETH, wBTC, ..)
- Multi Collateral Deposits
- Allows for Full Scope Portfolio Management
- V2 Protocol Extends the Strategy Scope by:
- Adding Custom Strategies (“Managed Vaults”)
- Adding Volatility Based Strategies
- Adding RWA based Strategies (Partnerships signed already)
- Think of: US Treasury Yield Pools
- V2 Protocol adds “Gating” as a feature:
- Allowing for NFT-Gated Smart Vaults
- “KYC”-Gated Smart Vaults
- Whitelisted Smart Vaults
- Gating is also possible upon Exit of a Smart Vault:
- Exit Gating allows for Full Compliance, if enabled by the User
- V2 Supports Multi Asset Smart Vaults
- Allowing for end-to-end Portfolio Construction & Management
- V2 Allows for Timelocks
- V2 Allows for Multiple “Smart Vault Owners” per Smart Vault
- Giving multiple users / protocols the ability to own and manage the same Smart Vault
- V2 Supports Asynchronous “DoHardWork” Calls
- This ensures full composability and ensures that the Spool Protocol does not get gridlocked when 1 Strategy becomes unavailable
- V2 Supports Multi-Chain Deposits
- Cross-Chain collateralization, deposits and management
- Spool V2 Updated Front End
- Support for Multi Asset Smart Vaults
- Display of Transactions (Complete Smart Vaults Overview)
- Transaction History with CSV-Based Data Export Function
- Standard and Advanced view for Transactions (Deposit & Withdrawal)
- Support for Automatic Conversion on Deposit
- Automatic Allocation of Assets and Advanced Slippage Maintenance
- Support for Guards & Actions during Smart Vault Creation
- Entry & Exit “Guard” Configurator with CSV-based Data Export Function
- Advanced Dashboards:
- Smart Vault Investor Dashboard
- Smart Vault Creator Dashboard
- Extended Smart Vault Creator Tools:
- Incentives Management UI
- Extended Fees Management UI
- User Settings for the UI
- Saved through Session Cookies
- Signed Memorandums of Understanding (Partnership Agreements):
- Spool Protocol Based Exchange User Earns Program
- External Protocols Deposit parts of their Treasury to a Smart Vault
- Incentivization of certain Smart Vaults by external Projects
- Spool V2 Technical Documentation
- Spool V2 Technical Documentation will be released alongside the V2 Protocol
- Advanced Compliance:
- Spool V2 comes with Full Legal Analysis of Institutional Use Cases:
- European Compliance: According to MiCaR and MIFID 2
Last modified 5mo ago