Once whitelisted, Pool Delegates complete a Profile to be published alongside their Lending Pool. This profile will include their background and their strategy for the Pool.
Next the Pool Delegate will establish their Lending Pool on-chain. They will select the cryptocurrency their Lending Pool will lend in and set the Ongoing Fee charged to Lending Pool for management, including the amount which will go to MPL holders who stake the Pool. Pool Delegates will be required to stake Maple Tokens (MPL) to their managed Lending Pool to serve as first-loss capital to the Pool and align interests with Lenders.
All Pool Delegates on Maple must be whitelisted prior to establishing a Lending Pool. Pool Delegates are funds and industry professionals with credit experience. If you'd like to explore becoming a Pool Delegate, please connect with the Maple team on any of our platforms.