👨💼Managing Your Pool
On the top right of your pool page, there are three icons that will lead you to your pool management pages. There are three different management pages on Sigil Finance. Each page does something different, but each is important to understand!
Allocation Page
The asset allocation page is currently being reworked for clarity and ease of use. Please check here later for a guide on how to use it.
Orders Page
The orders page is used to process the orders that users make to your pool. Each order that you process will provide you with a processing fee that will be paid to you along with any pool fees.
The upper panel of the orders page shows you all the orders that you can process. Each order is displayed in a row along with important information about that order. Each column is important to understand as they tell you everything you need to know about the orders that you will be processing. These columns are:
Order Value
The pool token or ETH value of an order
User
The user who placed the order
Deadline
The amount of time you have left to process the order before it is considered void
Your Fee
The pool fee in ETH that you will receive from this order.
Orders processed past their deadline will still yield transaction fees but not pool fees; this also applies to invalid orders. Invalid orders, which cannot be fulfilled due to reasons like insufficient token approval or ownership, will display a pool fee of 0.0000 ETH in the order list.
The order page's lower panel lets you configure slippages for each token swap and provides vital information on the tokens involved. The 'Maximum Balance During Transaction' indicates the highest amount of tokens your pool will hold during the transaction, which is useful for tokens with maximum wallet or transaction sizes. Pools are not exempt from these maximums, and exceeding them will result in transaction failure.
'Min Balance After Transaction' reflects the minimum expected token amount in your pool after the transaction. The percentage next to each token represents the slippage value, which is the percentage of value you are willing to lose in a swap, similar to a DEX like Uniswap.
As a pool manager, be aware of the price impact (referred to as volume impact), which is the value lost due to price changes during your swap. Prior to operating your pool, understand how price impact works and its implications.
Collecting Fees
Fees earned from operating your pool are sent directly to your wallet as ETH or WETH. Fees from processed orders are paid out in ETH, while instant withdrawal fees are paid out in WETH.
Tips on Managing Your Pool
How you operate your pool is entirely up to you. We encourage pool owners to link some social media to their pool page for building a community and providing important updates. The linked social media could be a Telegram group chat or channel, a Twitter page, a website, or all of the above.
Tips for Handling Gas
One thing to consider is the gas cost of approving deposits and withdrawals within the pools, as gas on swapping the deposits into the existing holdings. There are a number of ways you can reduce the impact of gas.
Process order transactions in bulk
Add a disclaimer to your pool that deposits under X ETH will not be accepted.
Request a minimum withdrawal amount, investors can still instant withdrawal smaller amounts but in this case they will need to pay for the gas.
If you are actively trading in and out of positions, time your transaction approvals when you have more holdings in WETH.
We'll soon be adding the ability to constrain orders to min and max deposit amounts and min withdrawal amounts.
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