Public Pools
Public Pools allow participants to combine funds under a designated operator who trades on their behalf. Whitelisted users can create a Public Pools to attract participants and manage pooled capital. Profits are distributed to participants after deducting the operator’s fee.
Pool Operators
Operators are, currently, whitelisted by the protocol to run strategies. Trading is conducted via a Sub Account in the Operator's account. Considerations:
Operator Fee: The percentage of profits allocated to the operator upon participant withdrawals as compensation for managing the pool.
Minimum Operator Share: The minimum ownership percentage the operator must maintain in the pool to remain aligned with its performance. For example, if the minimum operator share is set at 10% and the operator deposits 10,000 USDC, participants may deposit up to 90,000 USDC.
Isolated Margin: Public Pools do not support isolated positions.
Pool Depositors
Depositors allocate capital to pools running strategies they are interested in. When depositing into a Public Pool, depositors receive pool shares, which are redeemed upon withdrawal. Unlike many DeFi vaults, Public Pools do not impose lockup periods, and funds can be withdrawn at any time.
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