voSPOOL as a voting token serves the following utility within the Spool Ecosystem.
voSPOOL Holders can vote on Spool Improvement Proposals. This voting power helps to maintain, update and improve the overal Spool Ecosystem.
When a potential new Strategy is proposed to the DAO, the DAO will have to vote it in. voSPOOL Holders can vote on these Strategy Proposals to include, update or exclude new Strategies.
The Liquidity Bootstrapping Pool where SPOOL Tokens got sold publicly has allowed the Spool DAO to obtain a significant, DAI denominated, Treasury. This Treasury is managed via Governance and therefore voSPOOL Holders.
voSPOOL Utility in an infographic.