# The Shared Pool

The emerging NFT collections will share the Shared Pool as the lending pool. All supported NFT collections in this pool share the same risk factor, lending ratio, liquidation factors, and other parameters.

## Supported NFT 

Kyoko's **original Shared Pool** will support NFTs from the following collections as collateral: Meebits, Moonbirds, Otherdeed for Otherside.

NFT collections supported in the community can be promoted to Shared Pools by DAO voting.

## Risk

**In Shared pools, your risks are as follow:**

* Smart contract issues
* Systemic issues with the emerging NFT collections in this pool

**Eligibility requirements**

This proposal is to set up the Shared pool's NFT eligibility requirements through governance. When an NFT collection meets these requirements, it will be considered a potential Shared pool's NFT. And then DAO members can propose adding new Shared pool's NFTs as collateral on P2P NFT lending.

**The following are the suggested eligibility requirements.**

1. The floor price is over a certain amount of ETH;
2. The market cap is bigger than Floor Price \* 10,00;
3. The number of items is bigger than 1,000;
4. The number of owners is bigger than 1,000;
5. The all-time Trading Volume is more than a certain volume of ETH;
6. The collection has been deployed for more than a certain number of days;

A`ll-time Trading Volume: Total volume of NFT sales of the collection. Suspected wash trades excluded`

| NFT Collections         | Floor Price | All-time Trading Volume | Holders |
| ----------------------- | ----------- | ----------------------- | ------- |
| Meebits                 | 2.8 ETH     | 194K ETH                | 6k      |
| Moonbirds               | 3.3 ETH     | 321K ETH                | 6k      |
| Otherdeed for Otherside | 1.59 ETH    | 669K ETH                | 26k     |

| ====             | ====       | ====         | ====         |
| ---------------- | ---------- | ------------ | ------------ |
| **Risk Level 1** | **1 ETH**  | **50K ETH**  | **30 days**  |
| **Risk Level 2** | **3 ETH**  | **80K ETH**  | **90 days**  |
| **Risk Level 3** | **10 ETH** | **100K ETH** | **180 days** |


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