🧙‍♂️Pool Owners

Owning and operating a Sigil Pool is a highly rewarding experience. Not only can you build and lead a community, but you can also make passive income through deposit and withdrawal fees! You can do al

The benefits of managing a Sigil Pool

Information

Before you create your pool, you will need to know some things about Sigil Finance, Sigil Pools, and what your role as a pool owner involves. As a pool owner, you are not responsible for any losses that your pool members make. It is the user's choice whether to invest in your pool or not and it is therefore their responsibility to manage their participation in your pool.

Despite this, you should obviously aim to make profitable trades and increase the value of your pool tokens. The more value your pool holds, the more exposure your pool will receive on both the Sigil Finance app and associated social media. This will translate into more deposits into your pool, which will of course generate fees for you.

If for any reason you wish to stop operating your pool, we recommend using social media linked to your pool page to alert your pool members. You should also use the 'Crash Protection' feature to swap all pool assets into SPOT, this will help to protect the deposits of your pool members.

Getting Verified

If you have a following on social media, or are somewhat well-known in cryptocurrency circles, you can apply for verification on Sigil Finance. This gives your user page a fancy verification badge and lets everybody know that you are who you say you are. To apply, make sure to send us a DM on Twitter @SigilFinance.