What is 1Pool.finance?
1Pool.finance is a decentralized money market protocol built in Ethereum mainnet
and Binance Smart Chain.
1Pool establishes 'money markets' for lending, borrowing and yield aggregation of
Liquidity Providers (LP) Tokens and other stand-alone digital assets.
1Pool Yield aggregator automatically farms selected LP tokens and stand-alone digital
assets to generate the most competitive APY in the industry.
1Pool Lending Protocol is a decentralized cross-chain lending protocol built on Ethereum
and Binance Smart Chain facilitates on-chain lending and borrowing against selected
Liquidity Provider (LP) tokens) and stand-alone digital assets. The users ( Lenders) can
earn interest on their digital assets by providing supported digital assets to the protocols.
Borrowers can obtain a loan by providing selected digital assets, which would include
stand-alone assets,i.e. BTC, ETH, DOT and selected LP tokens. Interest rates are adjusted
algorithmically by the protocol.
Read More... >>1Pool Yield aggregator is a cross-chain yield accumulator of Erc- 20 and Binance
Smart Chain (BEP- 20) digital assets. 1pool automatically farms the highest yielding assets and
distributes the profits among the platform users. Farming is currently available on Ethereum and
Binance Smart Chain token assets.
>>The majority of the current and upcoming assets can be farmed through 1POOL.
1Pool vaults ( Eth, USDT, USDC, wBNB, wBTC) are designed to route the investment to the risk-
weighted highestm APY generators.
>>Similarly, the holders of selected LP tokens of Uniswap, Sushiswap , Pancakeswap can deposit their
LP tokens with 1POOL.
>>The yield aggregator 'farm' the LP assets to generate the most competitive APY in the industry.
>>The farmers can earn an additional interest by depositing ( staking) their claimed 1POOL tokens in
1POOL revenue share vault.
>>1POOL staking holders would claim for 20 per cent of platform revenue proportionately to their share
in the staking pool.
>>The yield is accumulated and distributed to the depositor wallets which can be withdrawn, staked, auto
staked in full or partially anytime.
1Pool Lending Protocol >>1Pool lending protocol facilitates on-chain lending and borrowing against selected Liquidity Providers
(LP tokens) and stand-alone digital assets.
>>The users ( Lenders) can earn interest on their digital assets by providing supported digital assets to
the protocols. Borrowers can obtain a loan by providing selected digital assets, which would include
stand-alone assets,i.e. BTC, ETH, DOT and selected LP tokens. Interest rates are adjusted algorithmically
by the protocol.
>>Most existing platforms offer lending and borrowing on stand-alone digital assets (such as borrowing
USDT/USDC against BTC or ETH collaterals). Whereas the users of 1pool can use selected Liquidity pairs as
collateral and take a loan.
>>The holders of LP tokens ( for instance Sushiswap LP -SLP DAI/ETH) can deposit their LP tokens to 1POOL
lending protocol as collateral and obtain a loan in USDC or ETH.
>>The protocol algorithmically set the interest rate depending on the market supply and demand.
>>Similarly, the Loan to Value Ratio (LVR) would be adjusted according to the overall size of the LP pool and the
market cap of the underlying asset.
>>Automated liquidation would occur if the asset depreciates below the LVR.
>>Liquidation would happen in stages, only sizeable enough to sustain the LVR rate.
>>The lender can provide additional collateral to avoid liquidation, or settle a part of the loan by liquidating a portion
of the loan.
Reward Token emission >>
75% of the total supply of 1POOL is allocated to reward the platform users. Reward tokens will be emitted
weekly until the full token supply is exhausted over the next five years. >>
Per Block: 0.595225694 1POOL >>
Per week: 24,000 1POOL each on Eth Mainnet and on BSC chain. Use Cases of 1POOL token >>1POOL token holders can participate in platform governance by submitting proposals and voting.
More details on voting and platform governance will be updated later.
>>1POOL token holders can stake their 1POOL tokens and share 20 per cent of platform revenue pro-rata. ( see
below)
>>1POOL token can be used as collateral to take a loan
>>Users can add liquidity to 1POOL token pairs in selected DEXes and earn a percentage of platform fees.
>>Farm 1POOL LP pairs in 1POOL platform and earn 2 X rewards.
How to receive 1POOL token? >>The users who trade in the 1POOL platform would claim pro-rata 48,000 1POOL tokens emitted weekly.
>>The usage may include, among others: taking loans and borrowing, farming of LP tokens and staking 1POOL token
>>The holders of 1POOL token can receive 20% of platform revenue by staking their 1POOL tokens. The AMM will sell
20% of revenue and buy 1POOL tokens which will be distributed among the staking holders pro-rata.
>>Now that you have done your own research and are set to try out 1Pool.finance, here is a brief user guide to
help you!
>>This is neither extensive nor exclusive but can serve as a basic guide if you are new to Defi or cryptocurrency in
general. >>Your private keys are your ownership of your digital assets. If you lose or compromise your private keys, you
are most likely to lose your funds.
>>The Seed phrase ( Secret Recovery Phrase) is a unique 12-word phrase generated when you first set up
MetaMask or Binance Chain Wallet.
>>Your funds are connected to that phrase. If you ever lose your password, your Secret Recovery Phrase allows
you to recover your wallet and your funds.
>>Under NO circumstance, should you give someone your private key or recovery phrase ("seed phrase").
This will give someone complete access to your crypto!
>>1POOL team will never ask for your private key or seed phrase.
>>With that cautionary note, let's get started on your crypto journey!
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