Business Pools
Last updated
Last updated
This section walks you through the process as a subscriber to any pool: from the home page to the pool page, and to the resources that will help you decide whether or not you are ready to subscribe to any pool. After this section, you should be able to do your research (“DYOR”) and confidently subscribe to one of the upcoming FarmBit pools.
Let's start from the very beginning, visit farmbot.io/app. The top banner shows you the total value for all pools but for our purpose, we are only looking at the list of pools that are currently active (1 February 2022).
Each one of these pools is run by an ASSET OWNER. There are currently 3 active pools showing on the list of pools.
You can see the pool details, overview, asset type, APY, asset maturity, pool value, and the current stage of the pool. This will tell you if a pool is open for subscription or closed.
Asset Type: This is the class of receivables that needs funding.
Asset Maturity: The maturity date of every pool, this is when invoice payment is due.
Pool value: This is the value of a pool, which is the maximum amount of funding it needs.
APY: The annualized rate of return from an investment, factoring in compound interest that accrues or grows with the balance.
