Creating a Lending Pool
Last updated
Last updated
Connect Your Smart Wallet: To start lending, connect your Abstract Smart Wallet to the Kaleido platform. This wallet integration ensures seamless transactions and fund management.
Pool Setup: In the marketplace, navigate to the "Create Lending Pool" section. Here, you’ll provide key details such as:
Total Pool Size: The maximum amount you want to lend.
Interest Rate: The rate at which borrowers will repay their loans.
Pool Duration: Set the time frame for the pool validity.
Borrower Allocation: You can allocate a percentage of the pool to different borrowers if multiple borrowers are accessing the pool.