# Getting started

The **Get Started** section in **Pro Mode** is the first step in updating your pool settings. It focuses on defining two fundamental parameters:

* **Duration**:
  * Specify the maximum loan duration for borrowers.
  * This sets the timeframe within which borrowers must repay their loans.
* **APY (Annual Percentage Yield)**:
  * Define the interest rate borrowers will pay annually.
  * Adjusting the APY helps align the pool's competitiveness with market demand.

This section ensures that users establish the basic structure of their pool before proceeding to advanced customization options.

<figure><img src="/files/1ZZf8ulzqH6BLFMN6iWs" alt=""><figcaption></figcaption></figure>


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