How to Create a Pool

Step 1: Connect Your Wallet

Open the app and click Connect Wallet.

Select the type of wallet you use. For example, if you're using Eternl Wallet, choose Eternl from the supported wallets list.

Confirm and connect your wallet to the platform to proceed.

Step 2: Create a New Pool

1. After successfully connecting your wallet, select Create Pool on the main interface.

1. You will be redirected to the pool creation screen, where you can set up the parameters for your pool.

Step 3: Choose Token

1. On the pool creation screen, find the Token Deposit section.

2. Choose the token you wish to deposit into the pool. For example, if you select Token ADA, simply choose and confirm.

Step 4: Enter the Liquidity Amount

1. After select the token, you enter the amount to deposit.

Step 5: Select Maturity Date

1. After enter the amount, you will need to set the Maturity Date for your pool.

2. Note: The selected date must be later than today

Step 6: Choose Collateral and Liquidation Threshold

1. Next, you will need to select the Collateral. Click the Add Collateral button to choose your collateral token. Note: You can add or remove collateral, but note that a maximum of 3 tokens can be added.

1. Set the Liquidation Threshold, which determines the point at which assets in the pool will be liquidated if their value falls below this level. If you're unsure about the Liquidation Threshold, you can click the "i" icon to learn more about what it means.

Step 7: Set Pool Parameters

1. Max Loan Duration: Set the Maximum Loan Duration for loans in the pool. This defines the maximum time a borrower can use the funds from the pool.

2. Interest Rate Gradient: Set the Interest Rate Gradient, which controls how the interest rate changes over time, helping to manage rates based on market conditions.

3. Base Interest Rate: Set the Base Interest Rate, which is the starting interest rate for loans in the pool.

Click the "i" icon for more detailed information.

Step 8: Confirm and Create Pool

1. After setting up all the necessary parameters, you will see an overview of your pool setup.

2. Double-check all the information and click Create Pool to create the pool.

3. Confirm the transaction via your wallet and complete the pool creation process.

4. You will receive your Principle Token (PT) and Yield Token (YT) corresponded to your deposited liquidity.