Advanced Options
The Advanced Pool Options section allows for more granular control over pool behavior, risk settings, and access restrictions. Below are the available settings for each section:
Automatic Liquidation
Checkbox:
Enable this option to activate Automatic Liquidation for the pool.
When checked, this setting automatically triggers liquidation when a loan meets certain conditions (e.g., loan default, risk threshold). This helps reduce risk exposure by automatically managing underperforming loans.
Pool Conditions
This section allows you to configure specific conditions for the pool that determine eligibility, risk levels, and loan approval criteria.
Account Age & History:
Minimum Account Age:
Set the minimum age for accounts that can access the pool. Only borrowers with accounts older than the specified age will be allowed to participate.
Example: If you set 6 months, only borrowers with at least 6 months of account history will be eligible.
Volume & Risk Metrics:
Minimum USD Volume:
Set the required minimum trading volume on Rain.fi for borrowers to qualify for the pool.
Example: You may want to limit access to borrowers who have traded at least $10,000 worth of assets on Rain.fi.
Minimum Past Loans:
Required Number of Previous Loans:
Specify the minimum number of loans a borrower should have previously completed on Rain.fi to be eligible to borrow from the pool.
Example: Set this to 3 to ensure that only borrowers with at least 3 previous loan transactions are eligible.
Max Liquidation Ratio:
Maximum Allowed Liquidation Ratio:
Set the maximum ratio of liquidated loans to total loans in the pool. This setting helps control the pool's risk exposure by limiting the number of loans that can be liquidated compared to the total number of loans outstanding.
Example: If the maximum liquidation ratio is set to 20%, once 20% of the total loans are liquidated, no further loans can be liquidated until the ratio drops below the threshold.
Private Loans
This section allows you to restrict access to the pool to specific borrowers, providing greater control over who can borrow from the pool.
Restrict Pool Access to Specific Borrowers:
Enable this option to limit pool access to certain borrowers by specifying a whitelisted list of addresses.
Whitelist: Add the addresses of borrowers you want to allow access to the pool. Only borrowers with whitelisted addresses will be able to borrow from this pool.
Use Case: This feature is useful for private pools or pools meant for trusted borrowers only, ensuring access is tightly controlled.
Advanced Pool Parameters
(Dropdown Popup - Customizable Settings) The following parameters can be specified to fine-tune the pool’s behavior:
Pool Utilization Rate – Define the optimal utilization rate for the pool.
Minimum Loan Amount (USD) – The smallest loan amount that can be issued. (Default: $10)
Maximum Loan Amount (USD) – The largest loan amount that can be issued. (Default: $100,000)
These options provide greater control over loan allocations and risk management within the pool.
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