# Pool Settings

#### **Edit Pool Settings Options**

When managing a pool, the **Edit Settings** feature allows users to adjust pool configurations based on their level of expertise or specific needs. There are two modes available:

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**1.** [**Lite Mode**](https://docs.rain.fi/earn/manage-vaults-pools/pool-settings/lite)

Designed for quick and straightforward updates, **Lite Mode** simplifies the process by focusing on essential pool parameters:

* **Interest Rate (APY)**: Adjust the annual interest rate charged to borrowers.
* **Loan Duration**: Modify the maximum duration for loans issued from the pool.
* **Available Liquidity**: Option to toggle whether new loans can be issued based on current liquidity.

This mode is ideal for users who want to make minor adjustments without dealing with complex configurations.

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**2.** [**Pro Mode**](https://docs.rain.fi/earn/manage-vaults-pools/pool-settings/pro)

**Pro Mode** offers advanced customization options for users who want greater control over their pool settings. In addition to the Lite Mode features, Pro Mode allows users to:

* **Update LTV Range**: Define or adjust the minimum and maximum Loan-to-Value ratios for the pool.
* **Set Collateral Exposure**: Change the maximum exposure limits for each collateral type.
* **Advanced Fee Structures**: Customize additional fees, if applicable, for loans or repayments.
* **Reward Adjustments**: Update any incentive or reward parameters tied to the pool.

This mode best suits experienced users or those looking to optimize their pool for specific market demands.

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By providing both **Lite** and **Pro** options, RainFi ensures that pool management is accessible for beginners while offering advanced features for experienced users.

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