Understanding a Smart Vault

A Spool Smart Vault is a Smart Contract (Vault.sol) that stores:

• The User their selected Yield Generators

  • Up to 16 Yield Generators can be included in one Smart Vault

• The User their defined Risk Appetite

  • A number between 0 (Risk Averse) and 10 (Risk Seeking)

• The User their chosen Risk Model

The potential amount of Vaults in the Ecosystem is infinite, so every user is able to create their own Smart Vault or join an existing one.

The Spool Smart Vault implementation essentially is a custom "vault" designated to be used as an overarching portfolio management tool.