Summary 📑

Allow Solity Network to add risk models as a new Risk Model Provider within the Spool protocol.

Proposal 📬

Solity Network aims to be the underlying infrastructure for Decentralized Finance (DeFi) by enabling real-time processing of fundamental risk across chains, protocols, and liquidity pools. By aggregating multi-chain risk parameters, Solity Network creates transparency, sets the stage for machine learning, and allows the implementation of accurate risk/reward strategies for DeFi protocols. For more information, visit their website.

As a Risk Model Provider, Solity Network will provide a dedicated risk framework for Spool. The risk model will cover the following dimensions:

• Development activity
• Social activity
• Security
• Liquidity
• Decentralization
• Tokenomics

For more details on the risk dimensions and underlying metrics, see the information in the DAO forum in the specifications of this proposal SIP - 1.37.

As a vetted Risk Model Provider, Solity Network may benefit from performance fees. Through the mechanisms of the Spool protocol, the Risk Model provider's proposed performance fee will be set not higher than 5% (https://techdocs.spool.fi/core-mechanics/risk-management-mechanics/risk-model-providers).

Motivation 🔥

Solity's motivation is to become the first accredited external Risk Model Provider for Spool. Since their vision is to become the overarching risk layer for DAOs and dApps, the teams of Solity and Spool believe that Solity aligns very well with Spool’s mission.

Vote 🗳

With “Yes” you vote to list Solity Network as Risk Model Provider, with “No” you vote against listing Solity Network as Risk Model Provider.