Improving Your Lending Efficiency with Collection Pool Score
The Collection Pool Score is introduced for LPs to better locate their lending offers compared to other LPs.
LPs can now have a clear view of how their Collection Pools perform, and funds from Pools with higher Scores will be lent out more efficiently.
Calculation of Pool Score
The Score of each Collection Pool is calculated by including the following ideas:
- The higher the ratio, the higher the score is.
- The larger the amount, the higher the score is.
- The longer the tenor, the higher the score is.
- The lower the interest rate, the higher the score is.
- Discount on Interest Rate as the Collateral Factor Decreasing: The greater the discount, the higher the score.
- Discount on Interest Rate as the Loan Tenor Shortening: The greater the discount, the higher the score.
How It Works?
- On the “Create New Pool” page, you can see the following icon representing the Pool Score on the right side. Once you enter the max single loan amount, the Collection Pool Score will be calculated.
- By switching the loan conditions with different values, your Collection Pool Score will change accordinly, indicating how many other LPs your pool surpasses in this collection.
- If your Collection Pool Score is ranked in the first place, it will show that you have beaten 100% of users. If your Collection Pool Score ranks in the last place, it will show that you have beaten 0% of users.
- Providing more competitive lending offers will help you earn more airdrop rewards according to Boxdrop campaign.
On the “My Pools” page, LPs can also find their Collection Pool Scores compared to other LPs. This enables them to locate their lending offers more accurately and implement their lending strategy in a better way.
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We will continue to introduce more innovations and improvements to improve the lending experience for LPs and buyers. Stay tuned for updates.
Boxdrop earning is live now: https://lending.xbank.plus/marketing-campaign
