Specs

Creating and Managing Position Pools: Flexibility and Control

The process of deploying Position Pools is open to all, enabling the incentivization of diverse liquidity types. Each Position Pool creation requires the following essential details:

  • Choose the token (LP token or single asset) that you wish to incentivize within the Position Pools.

  • Specify the incentive token that will be distributed as rewards within the pool.

  • Opening Time: Determine the start of the opening of the deposit, marking the pool's visibility to users on the app.

  • Start Time: Activate the initiation of rewards distribution.

  • End Time: Set the conclusion of rewards distribution.

Once a Position Pool has been established, the deployer has the option to configure its requirements to align with specific criteria.

Adding Rewards:

The responsibility of replenishing the pool with rewards lies solely with the Position Pool's deployer. Rewards can be injected at any point prior to the end of the pool's duration, even if rewards are already being distributed. These rewards are exclusively provided in the form of a predetermined incentive token.

Modifications to Existing Position Pools:

Deployed Position Pools can be modified or canceled by the owner at any time before the opening time. This dynamic feature empowers deployers to adapt their strategies based on evolving circumstances.

Diverse Position Pool Types:

There are two primary categories of Position Pools available:

  1. Official Position Pools: These pools are either directly established by the RaiseBSC team or by verified partners. Some official Position Pools might incorporate custom implementations, outlined on their respective pages.

  2. Community Position Pools: Newly created Position Pools are designated as "Community Position" pools by default. These pools are independently established by users without the involvement of the RaiseBSC team.

The creation and management of Position Pools offer a comprehensive level of customization, allowing users to tailor their liquidity incentivization strategies according to their project's unique requirements and objectives.

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