How to add and withdraw funds?

Currently the minimum lock-up period for a pool cover is set to 14 days (this is flexible pool parameter that delegates can edit for their pools). While adding funds to the pool cover, the pool cover provider is able to lock funds for a longer period of time which enables them to increase their APY - sticky pool cover capital will be rewarded. Delegates will likely be among those who chose the longest lockup periods as they have an obligation to fund the pool cover of their own pool.
The 10 day cooldown period is a global parameter that is in place as a security measure during withdrawal. Cooldown can only be triggered once the lock-up period has elapsed.

Which risks are you exposed to?

What is the APY?

Last modified 1yr ago