Get started

The first step in Pro Mode pool creation is selecting the type of collateral and defining the basic pool parameters.

Steps

1. Choose Collateral Type

• Users decide whether they want to use NFTs or tokens as collateral with switch.

2. Select Pool Token & Amount

• Vaults and Pools:

  • There can be multiple pools connected to one vault.

  • When the user clicks on "Create Pool," if they have already created vault(s), the default vault (one was selected from Manage Pools) will be selected automatically for the new pool.

• Switching Vaults:

  • The user can choose to proceed with the default selected vault or click on the "Switch to a different vault" button.

  • If they click on this, they can either:

    • Choose an existing different vault, or

    • Create a new vault to be linked to the new pool.

    • The new vault will be created with the pool and the poll will be "plugged" to the vault.

3. Set Loan Duration & APY

• Define the loan duration for lending agreements.

• Set the Annual Percentage Yield (APY) for the pool.

After completing these selections, users proceed to the Next step of pool creation.