How do Drip Pools work? - Advanced

Deposits in Drip Pools are placed in DeFi Vaults powered by various blue chip DeFi protocols. These vaults generate stable yield that is continually streamed to the project offering the Pool.

Your idle assets are put to work in favor of the projects you choose to support, which enables these projects to give users the tokens they love in return.

Drip Pools rely on technology provided by Spool Finance, a heavily audited and battle-tested DeFi middleware with 5 independent audits by Trail Of Bits, Chainsecurity, Quantstamp, Peckshield, and Omniscia as well as an active ImmuneFi bug bounty.

The Pools exclusively leverage blue chip, battle-tested DeFi platforms such as Aave, Compound, Curve, Convex, Morpho, Lido, Gearbox, and Frax. As a general heuristic, Drip selected lending protocols for stablecoin based pools and LSTs for ETH based pools to minimize friction and maximize security.

All underlying strategies are immutable and visible on the UI at any time.

The protocols that enable your rewards.