Creat Pool

Anyone approved by Governance can create a Asset Pool which is a smart contract instance where an Issuer can:

• Borrow from Funders.

• Purchase assets from Originators with Pool Reserve or lend to Borrowers directl

The pool creator needs to specify parameters such as:

• Pool currency: the protocol supports cUSD, DAI and USDC stablecoins

• Minimum first loss ratio: expressed as a percentage of Pool Value, this is the minimum currency amount of junior tranche.

• Originator: Approved address(es) who can supply Assets to Asset Pool.