For Borrowers
Creating Term Pools
To be in a position to create a Term, you need to perform a few actions beforehand:
You’re required to have a Permissionless Pool — you can learn more about Permissionless Pools in our documentation.
You’re required to deploy a Term Pool which you can achieve by navigating to Create Term in the application navigation. Once your Term Pool is deployed, it has to be listed by Governor.
Once your Term Pool is listed by Governor, you can proceed and create a Term by navigating to Create Term in the application navigation.
In order to create a Term, you have to provide the following information:
Max size — in cpXXX-USDC — indicating the maximum amount of liquidity that can be supplied to your Term.
APR — in percentage —- indicating the reward lenders can acquire by supplying liquidity to your Term.
Supply window — in days — indicating the window during which liquidity can be supplied to your Term. The supply window has to be lower than the maturity.
Maturity — in days —- indicating when your Term will mature. Minimal maturity is 6 hours.
Once you’ve completed the form, confirm the Term creation by clicking on the Continue button and approving the transaction.
Repaying Liquidity
Please mind that you’ll need cpXXX-USDC in order to repay liquidity.
You can repay liquidity once the repayment is due by clicking the Repay Liquidity button in the widget on the far right of the screen and approving the transactions.
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