Pool and Vaults definition
Pool are smart contracts on which users can store their assets to provide liquidity for traders, borrowers or asset managers in exchange of incentives (financials or utility).
Pools are classified into pool types. Pool types depend on how yield is generated within the pools and how to enter a pool position.
Today, Valha identifies two types of pools:
- AMM pools are multi-sided pools (enter a position with one or multiple tokens) and a required slippage parameter. They are often generating revenues through swap transaction fees.
- Other pools are all single-sided pools (enter a position with one token) and no slippage parameter required.
Other pools may be breakdown into different sub-types:
- DeFi pools is the default type value where pools do not belong to any sub-categories
- Lending pools are generating revenues through paid loan-interests.
- Staking pools are generating revenues by contributing to the security of a chain
- Yield aggregator pools are generating revenues on top of optimized and various DeFi strategies (staking, lending, amm etc.)
- Insurance pools are generating revenues thank to premiums paid for specific risk coverage
- Bridge pools are generating revenues with cross-chain swap transaction fees