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Understanding the risks

It is important to understand that you can lose money by participating in the Pools.

When Borrowers Pools are open

You can only participate in a pool when an pool is open. Typically, once a Pool is open, the community shares announcements using Discord and/or Telegram. This annoucement will contain a Pool (an example is linked), which describes the pool deal in depth. It typically holds the key terms of a loan agreement, the repayment schedule, FAQs, and other resources.

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