Rain.fi
  • What is Rain.Fi
  • Why Rain.Fi
  • Trade
    • Margin Swap
  • Borrow
    • Token
    • NFTs
    • Buy Now Pay Later (BNPL)
    • Liquidation
  • Earn
    • LTV & Exposure
    • Create Pool
      • Lite
      • Pro
        • Get started
        • Select Token/Collection
        • Advanced options
        • Review
    • Manage Vaults/Pools
      • Pool Settings
        • Lite
        • Pro
          • Getting started
          • Select Tokens
          • Advanced Options
          • Review
      • Add/Withdraw liquidity
  • Liquid
  • Account
    • My Pools
      • Pool Settings
    • Settings
    • Dashboard
      • Overview
      • Active Loans
        • Market Sell
        • Extend
        • Repay
        • Add to calendar
      • Activity
    • Buy token
    • Logout
  • Droplets
  • Chat
  • Stats & Resources
    • Stats
      • Analytics
      • Statistics
      • FAQ
      • NFT Collections
      • Collection Stats
    • External
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  1. Earn
  2. Manage Vaults/Pools
  3. Pool Settings
  4. Pro

Getting started

PreviousProNextSelect Tokens

Last updated 3 months ago

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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.