Spool V2 Multi-Asset Vaults

Yelay
3 min readJul 18, 2023

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Spool V2 focuses on bringing increased flexibility and choice to DeFi investing, plus increased security, control, and regulatory compliance.

One key function available in V2 is multi-asset Smart Vaults. This means Vaults can contain a range of yield strategies using different assets. This improved flexibility opens up massive potential in how you build Smart Vaults, increasing the potential functionality of the end product.

The automated asset-swapping function for investors further enhances the ease of investing. This process allows users to invest in a Smart Vault using other assets, which are then automatically swapped into those required by the underlying strategies.

For example, you can create a V2 Smart Vault using both ETH and USDC strategies to rebalance ETH/USDC liquidity between multiple decentralise exchanges. Then, investors can send other assets to the Vault which will automatically be swapped into ETH and USDC.

This combination increases the potential for Smart Vaults and streamlines the process of using them, reducing friction for investors who previously would have needed to manually swap into compatible assets before investing.

The Spool infrastructure also ensures that Smart Vaults are fully automated and optimised while remaining non-custodial. As a result, DeFi investing becomes considerably easier for investors looking for solutions without the manual maintenance and monitoring of investments normally required.

Investors can simply create, or pick an existing Smart Vault which matches their investment and risk preferences and send the compatible assets they have available. These assets are then automatically swapped to the correct ones, and the audited and battle-tested smart contracts work to get the best yields. Plus, depending on the configuration of the Smart Vault, they can withdraw their funds at any time.

Alternatively, institutional providers can create bespoke white-label investment products for their clients, knowing that those clients will be able to invest and monitor their yield without advanced DeFi technical knowledge.

Combined with new LSD and LST strategies, the potential for newer complex strategies to be integrated into Smart Vaults is considerable. By ensuring Smart Vault creators have a wide range of strategies available for selection and can mix multi-asset strategies, and that users can invest using tokens that are automatically swapped to the correct type for the Vault, Spool makes certain that DeFi investing is truly open to anyone regardless of their risk preferences, DeFi technical understanding, or investment goals.

Spool V2 is a true infrastructure solution for DeFi investing. It allows anyone, from individual investors to financial institutions, to easily and quickly create bespoke DeFi investment products with the controls and strategies to fit their needs. Once created, investing in these products is simpler than ever, allowing investors to use assets they already have available, and enjoy the full automation, optimisation and reliability of audited and tested Smart Contracts.

Find out how Spool can support you in building the next generation of DeFi investment portfolios by visiting enterprise.spool.fi.

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Spool is a permissionless DeFi platform that connects Capital Aggregators with DeFi Yield Generators. Funds are dynamically and efficiently allocated to ensure optimized yields, for custom strategies, managed by DAO-curated Risk Models.

Spool was established as a DAO, with a selection of founding contributors representing a diverse cross-section of the blockchain community.

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