Smart Pools Overview

Introduction to Smart Pools

Smart Pools are a new financial primitive built by RebelFi that enable programmable pooled accounts with customizable access controls for both principal and yield. At their core, Smart Pools solve a fundamental challenge in financial services: creating flexible, programmable coordination between deposited funds and the yield they generate.

Smart Pools allow for unprecedented customization of:

• Who can deposit funds

• Who controls the principal (deposited funds)

• Who receives the generated yield

• What conditions or rules govern access to both principal and yield

This separation between principal and yield management, combined with programmable business logic, creates possibilities that simply don't exist in traditional finance.

LuckyStash: Our First Smart Pool Implementation

LuckyStash is our flagship proof-of-concept Smart Pool that demonstrates the power of this new primitive. LuckyStash is a no-loss lottery (or prize-linked savings account) built on Solana that works as follows:

1. Users deposit stablecoins into the LuckyStash Smart Pool

2. Principal remains fully withdrawable at any time by the depositor

3. Yield is aggregated from all deposited funds and directed to the prize pool

4. Daily prize drawings distribute the pooled yield to random participants

5. Winning odds are proportional to a user's share of the total deposits

LuckyStash demonstrates how Smart Pools can transform financial experiences by making saving money exciting without introducing any risk to the principal. Users effectively convert the interest they would have earned individually into lottery tickets for larger prizes, while maintaining full ownership of their deposits.

Business Applications of Smart Pools

Smart Pools unlock a wide range of business applications beyond prize-linked savings:

1. Merchant Account Infrastructure (FBO Accounts)

• Use Case: Businesses can create prepaid customer accounts (like Starbucks cards)

• Configuration: Customers deposit funds, merchants can debit for purchases, yield is used to fund bonuses or discounts

• Value: Businesses gain interest-free operating capital while offering enhanced customer value

2. Subscription & Membership Models

• Use Case: Upfront subscription pools that generate yield while funds await billing

• Configuration: Users deposit upfront, businesses debit subscription fees periodically

• Value: Lower subscription costs while generating predictable revenue

3. Loyalty & Rewards Programs

• Use Case: Yield-enhanced staking programs for brands

• Configuration: Users "stake" funds with a brand for a period, yield is split or goes to the brand

• Value: Enhanced customer loyalty with tangible financial benefits

4. Group Saving Coordination

• Use Case: Goal-based saving for teams, families, or communities

• Configuration: Multiple users deposit to a shared goal, funds lock until target date

• Value: Collaborative saving with yield acceleration and commitment mechanisms

5. Escrow & Payment Infrastructure

• Use Case: Yield-bearing escrow accounts

• Configuration: Funds lock until conditions are met, yield benefits either party

• Value: More efficient capital use during transaction settlement periods

6. In-App Currency Backing

• Use Case: Transparent, yield-generating reserves for in-game/in-app currencies

• Configuration: User purchases create deposits, yield funds platform costs or user rewards

• Value: Enhanced platform economics with new revenue streams

Differentiation from PoolTogether

While LuckyStash shares the core "no-loss lottery" concept with PoolTogether, Smart Pools offer significant advancements:

1. Infrastructure vs. Application

• PoolTogether: A specific no-loss lottery application

• Smart Pools: A flexible financial primitive that powers multiple applications (including no-loss lotteries)

2. Customization & Control

• PoolTogether: Fixed parameters for prize distribution and pool management

• Smart Pools: Fully customizable business logic, yield distribution, and access controls

3. Business Integration

• PoolTogether: Consumer-focused with limited business application

• Smart Pools: Designed to integrate with business operations and create new business models

4. Blockchain Implementation

• PoolTogether: Ethereum-based with associated gas costs and transaction times

• LuckyStash: Built on Solana for near-instant, low-cost transactions and settlements

5. Yield Sources

• PoolTogether: Limited to specific DeFi protocols

• Smart Pools: Flexible yield generation through multiple protocols and strategies

6. Governance Model

• PoolTogether: DAO-governed protocol

• Smart Pools: Modular building blocks that can be governed by businesses, DAOs, or other entities

Technical Architecture

Smart Pools consist of three main components:

1. Core Smart Contracts: Handle deposits, withdrawals, and yield direction

2. Business Logic Layer: Customizable rules for access, distribution, and conditions

3. Integration APIs: Connect Smart Pools to applications, wallets, and services

This modular architecture allows for rapid deployment of new pool types and seamless integration with existing business infrastructure.

Getting Started

To start exploring Smart Pools:

• Try LuckyStash at luckystash.xyz
• Review our API documentation for developers

• Contact us for custom Smart Pool implementations for your business: [email protected]

---

Smart Pools represent the future of programmable finance, enabling new models of capital coordination that weren't possible before. Whether you're building a savings app, a loyalty program, or a new business model entirely, Smart Pools provide the infrastructure to make it happen.