.png%3Falt%3Dmedia%26token%3D120f47ac-60f8-4552-83bd-eeaf0b8cddc9)
.png%3Falt%3Dmedia%26token%3D120f47ac-60f8-4552-83bd-eeaf0b8cddc9)
Managing a pool
Learn about you can update your respective pool's details and governance rules
Every pool on OpenPool is launched and operated on the Ethereum blockchain. Once a pool is deployed, the creator of that pool will be able to make adjustments to its respective allocations and fee structure.
Since every pool exists on the blockchain, any change to it will require for changes to the blockchain to be made, which will require gas fees to be paid.
Updating a pool's governance rules
Pool creators have the ability to update their pool's portfolio allocations and fee structure. These changes can be made within their respective pool's dashboard page and will require them to pay a gas fee for the update to be recorded.
Updating a pool's allocation
A pool's allocation can be adjusted by the creator of the pool at anytime they choose to. In order to update their allocation, the creator of the pool simply needs to select any assets they'd like to add, update, or remove and adjust the respective percent of the pool they comprise.
Once that's done, they will then be prompted in their wallet to pay the gas required to record their new allocation on the Ethereum blockchain.
Updating a pool's deposit and withdrawal fees
Please keep in mind that fee's for deposits and withdrawals are capped at 20% of a given deposit or withdrawal
Similar to updating the governance rules for a pool, the deposit and withdrawal fees may be updated at any time by the creator of the pool. The process for updating these fees is extremely simple and, just like with updating the pool's allocation, requires for a gas fee to paid for the respective updates to be recorded on the Ethereum blockchain.
Tracking a pool's performance
Every pool on OpenPool has their own dedicated dashboard page where its performance can be tracked. In addition to analyzing the pool's performance, you'll be able to find the pool's:
- Portfolio balances
- Members
- Transaction history
- Rule changes
Last modified 1mo ago
Copy link