Pool delegates

What’s a pool delegate?
Pool delegates manage Bitcoin lending pools on Zest. Zest provides a decentralised infrastructure enabling pool delegates to attract global Bitcoin capital and provide funding to a network of vetted borrowers, increasing their potential AUM while earning performance fees.
Each Bitcoin liquidity pool is managed by a pool delegate. The Pool delegate is responsible for negotiating loan terms with borrowers, performing diligence, and liquidating collateral in the event of a default. Pool delegates review a borrower's reputation, expertise, and performance to evaluate terms of the loan. Once the borrower and pool delegate agree to the borrower rate and collateral ratio, pool delegates fund the loans from their managed pool.
Pool delegates are appointed by the Zest DAO contract. In case of abuse, the Zest DAO contract can freeze a pool and recall the loans.