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Spool DAO

SPOOL

About

Spool DAO is is composable middleware that interfaces between Capital Aggregators, Yield Optimizers, and Yield Generators to algorithmically maximize yield and minimize risk.

$4,526,829

$3,727,688

5.92%

30d

+0%

N/A

Reward Options
Risk
Complexity
Reward
Adj. Reward
Minimum
Lock Up
Avg. Fee
Staking Ratio
Stake SPOOL
Risk
stable
Complexity
moderate
Reward
19.58%
Minimum
-
Lock Up
-
Staking Ratio
-
Adj. Reward
3.01%
Avg. Fee
-
voSPOOL Governance Rewards
Risk
moderate
Complexity
moderate
Reward
110.78%
Minimum
-
Lock Up
-
Staking Ratio
-
Adj. Reward
110.34%
Avg. Fee
-

Calculate how much you can earn by staking Spool DAO. Results vary based on the staking amount, term, and type selected.

USD
SPOOL

Advanced calculator

Revenue over time (USD / week)

Total Reward Rate

0%

or 0% annualized

Est. Monthly Earning

$0

0 SPOOL

Est. Yearly Earning

$0

0 SPOOL

FAQ's

  • What is Spool?
  • Spool Protocol serves as DeFi middleware, that allows users to participate in a subset of yield generating protocols in a risk diversified, automatically managed, and efficient fashion.
    The Spool Protocol then deploys a smart contract that represents the terms of engagement the user has chosen. Any deposits through this smart contract will be routed to a master contract that manages deposits of all individual Spools via separate adapters for each supported strategy. The Spool Protocol regularly rebalances portfolios while adhering to individual terms to ensure each individual Spool is optimized at all times in terms of risk-adjusted yield.

    You need to know these four basic things to understand Spool:

    Spool Protocol
    The Spool Protocol consists of all Smart Contracts that make Spool a usable Decentralized Finance product.
    A Spool
    A Spool is most easily defined as a new form of “vault”.
    SPOOL Token
    The SPOOL Token is the token fueling the Spool Protocol.
    Spool Labs
    Spool Labs is a seperate entity that is tasked with executing decisions made by the Spool DAO.
  • What is the Spool DAO and who is building Spool?
  • Spool is not a regular startup controlled by a team and funded by VCs. Spool was bootstrapped as a DAO with many founding contributors who could be divided into “executive advisors” and “builders”. You can find a list of contributors on the website (https://www.spool.fi/).

    Joining the DAO and working on Spool is as easy as staking SPOOL, attaining a Spooler role in the Spool Discord and applying to a working group.

  • What does the SPOOL token do and what is voSPOOL?
  • SPOOL is the native governance token of the Spool DAO.

    There is no “other” controlling entity that could intercept the dealings of the DAO. This means that any revenue created by Spool Protocol or other products the DAO may launch accrues within the DAO.

    Currently, SPOOL can be staked to receive 80% of the Spool Protocol Generated Revenue (PGR) as well as weekly accrual of voSPOOL. voSPOOL acts as governance power, allowing holders to propose and vote on the addition of new supported protocols, risk models, and treasury spending.#

  • What can I earn by Staking SPOOL?
  • SPOOL Tokens entitle stakers to 100% of protocol revenue as voted by the DAO. Currently, revenue is split into direct payouts in the form of SPOOL/DAI liquidity (80%) and deposits into the DAO Treasury (20%). Therefore, the foremost Token Utility is protocol revenue capture.

    At the moment you can earn about 35 % in staking rewards + additional 140% in voSPOOL Epoch rewards.

  • How to stake SPOOL?
  • Staking SPOOL token is even easier than depositing into a Spool.
    1. Obtain SPOOL Tokens
    2. You can find out how to obtain SPOOL tokens here
    3. Navigate to Spool.fi
    4. Connect your Web3 wallet
    5. Head over to “SPOOL Staking”
    6. Click on “Stake”
    7. Approve the SPOOL token for spending and wait until the approval is confirmed
    8. Deposit the SPOOL token and wait for the deposit to be confirmed
    That’s it! You’re now entitled to a portion of all fees generated within Spool as a valued SPOOL token holder and DAO member. Moreover, now you have the ability to vote in proposals and participate in general governance.
  • Are there any risk Staking SPOOL?
  • Like any DeFi protocol SPOOL has a smart contract risk. If their code contains bugs, users’ funds are at risk.

    However, Spool’s ecosystem smart contracts have been rigorously audited by multiple established third party auditors including Zokyo and Peckshield.