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.