đPool Types
Find out which savings pool is right for you
GoodGhosting is a unique savings concept that offers four broad types of pools. These are suited for different types of users, and each come with their own set of benefits. Which one is right for you? It depends on your goals. If you want to frequently deposit more into your savings, both the Fixed and Flexible savings pools may be good options. If you're looking to make less frequent deposits or a long-term investment, a HODL pool could be a better fit.
Four pool types
In this section, we want to explain the four different type of pools that are available in GoodGhosting v2. These are different game types, each with their own set of rules and requirements.
They can be split up based on two criteria: - Whether or not a user can freely chose how much they want to save when joining the pool - Whether or not there is a long "waiting round" at the end of the pool
1. Fixed savings
This type of pool follows the same principal as our V1 Pools, with a fixed deposit amount for all players. Each user will be engaging in exactly the same savings challenge. The waiting round at the end of the pool, is the same length as each of the deposit rounds.
Deposit amount ($): fixed (equal) for all players
Rounds duration: equaldeposit round and waiting round length
Example: a pool where everyone commits to depositing 20 USDC each week. The final deposit is followed by a one week waiting round, before funds can be withdrawn.
2. Flexible savings
This pool allows for flexible deposit amounts - allowing users to choose the total amount of money they would like to save. All users can decide how much they want to deposit each segment, at the time of their first deposit. Once the pool has been used with a specific deposit amount, all next deposits (for that user) in that pool will have to be of the same amount.
Deposit amount ($): flexible (decided by each player when joining)
Rounds duration: equaldeposit round and waiting round length
Example: a pool where each joiner can set the amount of USDC they would like to deposit each week. Karen commits to saving 5 USDC a week, whereas Chad commits to saving 500 USDC weekly. The final deposit is followed by a one week waiting round.
3. Fixed HODLing
For HODLing pools, there are one or more deposit rounds, which are followed by a waiting round with an identical or a longer duration. This makes it easier for someone to commit to long-term holding a certain token. It also reduces the number of smart contract interactions. These can also be considered "Staking pools".
Deposit amount ($): fixed (equal) for all players
Rounds duration: a longer waiting roundthan deposit round
Example: a pool where everyone is required to deposit 0.01 ETH weekly, during four weeks. The final deposit is followed by a three month waiting round, before funds can be fully withdrawn.
4. Flexible HODLing
Similar to Fixed HODLing, but with flexible deposit amounts. The deposit amount (for each segment) is decided by each player when initially joining the pool.
Deposit amount ($): flexible (decided by each player when joining)
Rounds duration: a longer waiting roundthan deposit round
Example: a pool where Karen commits to saving 0.05 ETH monthly and Chad commits to saving 1 ETH monthly, for three months in a row. The final deposit is followed by a six month waiting round, before funds can be fully withdrawn.
Combining pool types with yield strategies
Every GoodGhosting pools needs to be combined with one yield strategy.
Each of the four pool types can be combined with any of the available yield-generating strategies, as well as a No Yield strategy. Which strategy can be chosen, will depend on the underlying asset that is used to save in (i.e. supported savings currency). The combination of chosen yield strategy and savings currency, will determine the ultimate risk profile of each pool.
The pool type, savings currency and strategies are determined at time of pool deployment. They cannot be changed after the smart contract has been deployed.
More details on our Github:
Last updated
