Create A FlexPool

The creator of a FlexPool could pay a slightly higher network fee and carry more weight in our point reward system. To create a new FlexPool, follow these steps:

Visit the app page. On the left sidebar, click on 'Flex'

Landing Page

Click on the plus (+) icon

Select parameters

As shown below, a form will pop up with a button to toggle the type of FlexPool you want to create. There are Permissioned and Permissionless FlexPools available. The parameters are similar except that you will be required to submit the addresses of the other contributors if the type of pool you selected is Permissioned. If you're confused about what each parameter stands for, see the FAQ section. Click on each of the columns to reveal the available options.

parameters

Submit

Click submit, and review the parameters from the confirmation window.

confirmation window

Broadcast Transaction

You may now proceed to send the transaction. This will prepare the transaction and broadcast it to the network. The first transaction (approval for spending cap) will trigger your wallet provider asking for your permission to proceed.

Be cautious in approving transactions from your wallet. Be sure you're interacting with the correct URI https://testnet.simplifinance.xyz

In some cases, you may be required to sign more than one transaction. Please pay attention to the pop-ups.