SLP - Senior Liquidity Pool
The Senior Liquidity Pool is a liquidity pool that covers the extra principal required once JLP targets are met.
The investments in SLP are insured by the ILP.
The SLP can be seen as a comparitvley safer investment strategy as compared to the ILP and JLP.
Details
Investment Token: USDC
Proof of Investment Token: SLP Token
Who Can Invest?
Everyone is able to invest in the SLP
No auditing responsiblities over loans funded.
Size
Max 80% of the loan principal - without a lower limit.
The size of the SLP is determined by the size of the JLP
Risk
Partially insured by the ILP
Lower risk compared to ILP/JLP
Returns
SLP is paid back principal and interest before the JLP, and before the ILP fees.
Lowest returns per USD invested, but least exposure to potential defaults.
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