YY Lai — DAO Founding Contributor Spotlight #18
YY Lai is a Partner with Signum Capital.
YY has an extensive background in incubating startups and investing and was previously an alumni of PayPal before joining full time with Signum as a Partner in 2020. He’s a strong believer in how crypto can be the next major phase of societal disruption, after the Internet and believes it is all made possible by the trust layer intrinsic in the blockchain.
Signum Capital is a Singapore-based Registered Fund Management Company under MAS. Established in 2017, Signum Capital invests in distributed ledger technologies and crypto assets. Signum Capital supports game-changing projects that facilitates the advance towards a future of blockchain-enabled socioeconomic transformation.
Signum Capital boasts a strong portfolio of leading blockchain companies including Polkadot, Acala, Certik, EQ, Fantom, Kusama, Moonbeam, Tomochain, and Ziliqa.
On Spool, YY cut straight to the chase and said,
“leveraging on the unique feature of crypto, composability, DeFi projects and investors can simply leave it to Spool to better deploy their capital, while focusing on their core services.”
“We are excited by the powerful features that Spool brings to DeFi. It truly captures a great deal of value and has the potential to unlock significant dormant funds and allow these funds to be efficiently and effectively deployed. Spool is building the foundation to a true ecosystem and we look forward to being a part of its growth story. Signum can be a strong advocate for projects that will be benefited by Spool.”
Spool DAO Initiator, James Childs said,
“Spool is not just a protocol or an app, it is the foundation for a finance ecosystem, and at the core of that ecosystem is a DAO featuring a group of exemplary DAO contributors. YY and Signum are a well known and respected name in the blockchain community for very good reason, his contribution to the Spool DAO has been fantastic, and we look forward to working more closely with YY as Spool comes to market.”
Spool is composable and permissionless DeFi middleware that connects Capital Aggregators with DeFi Yield Generators to dynamically, automatically, and efficiently allocate funds and ensure optimized yields, for custom strategies, managed by DAO-curated Risk Models.
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 more Spool DAO Contributors over the coming weeks.