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;

All-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