# Spool DAO Token (SPOOL)

> Spool is a permissionless DeFi middleware ‘toolkit’ that allows users to create fully customised, automated, and diversified yield farming portfolios with a single deposit.

Select your favourite yield generators from a list of supported protocols and create a diversified portfolio based on your individual risk appetite… All accessible through a single deposit address.

After depositing, Spool automatically manages deposits to optimize risk/reward for individual users within the given terms under which their capital was deposited — Spool regularly rebalances liquidity between yield generating DeFi protocols, while taking individual user’s risk tolerance and array of selected strategies into account.

Spool represents the next evolutionary step for DeFi on Ethereum by allowing for diversification, compounding, and rebalancing at affordable gas prices via a buffer system and transaction batching.

It enables builders to easily access and combine existing and new DeFi legos, creating possibilities for novel user-facing products that leverage the power of all of DeFi instead of just a few individual primitives.

Spool is designed to serve as the backend for DeFi-powered financial products and applications.

## Price Data

- **Current Price**: N/A
- **Market Cap**: N/A
- **Fully Diluted Valuation**: N/A
- **Circulating Supply**: 39.67M SPOOL
- **Total Supply**: 211.55M SPOOL

## Price Changes

- **24h**: N/A
- **30d**: N/A
- **90d**: N/A
- **365d**: N/A

## Chain Availability

Available on: arbitrum, ethereum

## Resources

- [Website](https://www.spool.fi/)
- [Discord](https://discord.com/invite/spoolfi)
- [Coingecko](https://www.coingecko.com/en/coins/spool-dao-token)

## Links

- [View on Zerion](https://app.zerion.io/tokens/SPOOL-0x40803cea2b2a32bda1be61d3604af6a814e70976)
- [Trade on Zerion](https://app.zerion.io/tokens/SPOOL-0x40803cea2b2a32bda1be61d3604af6a814e70976)

## Data Source

This data is provided by the **Zerion API**. Developers can access real-time token prices, market data, charts, wallet positions, and DeFi data programmatically.

- API Documentation: https://developers.zerion.io
- Get this token's data via API: https://developers.zerion.io/api-reference/fungibles/get-fungible-asset-by-id
- Price Charts API: https://developers.zerion.io/api-reference/fungibles/get-a-chart-for-a-fungible-asset