Nitro

What is the concept of Nitro Pools?

Nitro Pools are specialized, time-bound pools providing an extra layer of yield for DonutSwap's staked positions, known as spNFTs. These pools are unique in that they can be set up by any user using the platform's user interface.

What function do Nitro Pools serve?

The primary goal of Nitro Pools is to encourage users to contribute their liquidity, fostering a dynamic and healthy marketplace.

How does one utilize Nitro Pools?

Engaging with Nitro Pools is quite simple. Users can stake their spNFTs into a Nitro Pool, earning rewards based on their proportion of the total contributions. There is flexibility to stake multiple positions, as long as they align with the pool's criteria.

Is it possible to add positions with an ongoing YUM boost to the Nitro Pool?

Indeed, it is feasible to deposit positions that are currently benefiting from a yield enhancement. This boost will affect the yields from farming activities, but not those from the Nitro Pool.

Do spNFTs in the Nitro Pool accrue rewards from both farming emissions and the Nitro Pool?

Yes, any staked position in the Nitro Pool will accumulate rewards from the Nitro Pool as well as from any farming emissions incentivized by DonutSwap, assuming the position is eligible for yield.

Are rewards from a locked Nitro Pool inaccessible until the lock period ends?

No, users can collect their rewards from the Nitro Pool whenever they wish, irrespective of any lock requirements the pool may have.

How do I whitelist a wallet address for a Nitro Pool?

The inclusion of a wallet address on a pool's whitelist is at the discretion of the pool's creator, who must manually add the address for it to be eligible for participation.

Why can't I change management settings after staking my spNFT in the Nitro Pool?

Once a position is committed to a Nitro Pool, certain management features may no longer be accessible for that position.

Does 'permissionless' imply there won't be community voting on Nitro Pool creations?

The term 'permissionless' indicates that any user can create Nitro Pools; it does not negate the possibility of community votes on such deployments.

When I try depositing a position into the Nitro Pool, it says the position is incompatible. Why is that

To be able to deposit your position into the nitro pool, your position has to fulfil the following requirements:

• Lock Period

• A basic termination lock

• Minimum required deposit

• Occasionally, address whitelisting may be necessary if the pool creator opts for this feature

In certain situations, a tailored external specification might also be necessary.