DAO Founding Contributor Spotlight #1
Barnbridge | Universe.XYZ
BarnBridge is a decentralised financial risk tokenising protocol with over $180 million TVL, and aims to reduce the risks associated with DeFi, such as inflation risk, market price risk, and cash-flow volatility risk.
Users select a risk profile, and BarnBridge redistributes risk via tokenised, liquid tranches. BarnBridge does this with its SMART Yield, SMART Exposure, and SMART Alpha products, all of which address a specific DeFi risk category.
In addition, Tyler is the Co- Founder of Universe.XYZ, a community-driven NFT universe backed with social tools, media services, distribution, and featuring a top-tier list of crypto and entertainment identities.
With a rich background in blockchain that extends to his days working at ConsenSys, Tyler brings a wealth of experience to the Spool DAO and has been one of the most active and valuable contributors in helping to establish the DAO-first approach at Spool.
When asked how Spool is relevant in the current market, Tyler said,
“I think middle layers in DeFi are going to be important going forward. Especially when you take into account different jurisdictions on one end of the spectrum to individual user needs on the other side of the spectrum.
This is an untapped space that is going to become more and more important as regulations, middle layer attacks, and specifications for end user experience become more and more intricate. Spool is a step forward in the right direction here.”
Expanding on these points, Tyler commented on how he looks forward to establishing a working relationship between Barnbridge and Spool as he sees Spool
“helping BarnBridge plug into applications where the end user may or may not even know they are interacting with DeFi.”
Spool DAO Initiator, Philipp Zimmerer, responded,
“Having Tyler contribute to Spool has been nothing short of a blessing.
On our first call about Spool, he was quick to understand not only where the vision for Spool was going to lead the project, he was able to immediately come up with implications and details that were important to consider when building the product.
Knowing that experienced builders like him, who not only possess theoretical knowledge of the space, but also applied that knowledge to build real DeFi products with thousands of users are giving us input has bolstered the team’s confidence to deliver on our vision tremendously.”
Spool was established as a DAO, with a selection of founding contributors that represent a diverse cross section of the blockchain community.
Stay tuned as we shine a spotlight onto the Spool DAO Contributors over the coming weeks.
Spool is composable and permissionless DeFi middleware that connects Capital Aggregators with DeFi Yield Generators to dynamically, automatically, and efficiently allocate funds and ensure optimised yields, for custom strategies, managed by DAO-curated Risk Models.