Earning
Stability pool
Deposit PLMB to repay liquidated debt. In return you earn 70% of the interest every borrower pays, and the JitoSOL from liquidations.
The stability pool is PLMB that stands ready to repay troves that fall below 150%. Depositors are paid twice: in interest, all the time, and in JitoSOL, whenever a liquidation happens.
What you earn
Interest. 70% of every unit of interest that borrowers pay is minted as PLMB into the pool and added to depositors' balances in proportion to their deposits. Your deposit grows without you doing anything, and the growth compounds with it.
Liquidation gains. When the pool repays a trove's debt, each depositor's PLMB shrinks in proportion to their share, and each receives JitoSOL worth up to 110% of what they paid. Those gains sit next to your deposit until you claim them.
The app's Current yield is today's figure: 70% of the interest all troves would pay in a year at today's debt and rates, divided by today's deposits. It moves when either changes, and it doesn't include liquidation gains.
Depositing and withdrawing
- Deposit any amount of PLMB from Earn in the app.
- Withdraw any part of it at any time. There is no lockup and no fee.
- Claim gains sends your JitoSOL to your wallet and leaves your deposit in place.
- Withdraw everything takes your whole deposit and your gains in one transaction.
Neither depositing nor withdrawing needs a price, so the pool stays open even when the oracle is stale.
Before any deposit or withdrawal, the program settles interest at every rate. Interest earned before you arrived goes to the depositors who were there, and interest earned while you were in goes to you.
The risks you take
- Your PLMB becomes JitoSOL. After a liquidation part of your deposit is JitoSOL, and its dollar value moves with the market until you sell it.
- A late liquidation can cost you. The pool's 110% is a cap, not a floor. If a trove is liquidated after it fell below 100%, the pool repays more PLMB than the JitoSOL it receives is worth.
- PLMB's own price. Your deposit is PLMB. If PLMB trades below $1, so does your deposit's market value.
# Stability pool Deposit PLMB to repay liquidated debt. In return you earn 70% of the interest every borrower pays, and the JitoSOL from liquidations. The stability pool is PLMB that stands ready to repay troves that fall below 150%. Depositors are paid twice: in interest, all the time, and in JitoSOL, whenever a liquidation happens. ## What you earn **Interest.** 70% of every unit of interest that borrowers pay is minted as PLMB into the pool and added to depositors' balances in proportion to their deposits. Your deposit grows without you doing anything, and the growth compounds with it. :::figure split | All interest is split at settlement. With no deposits in the pool, the treasury receives all of it. **Liquidation gains.** When the pool repays a trove's debt, each depositor's PLMB shrinks in proportion to their share, and each receives JitoSOL worth up to 110% of what they paid. Those gains sit next to your deposit until you claim them. The app's **Current yield** is today's figure: 70% of the interest all troves would pay in a year at today's debt and rates, divided by today's deposits. It moves when either changes, and it doesn't include liquidation gains. ## Depositing and withdrawing - Deposit any amount of PLMB from **Earn** in the [app](/app). - Withdraw any part of it at any time. There is no lockup and no fee. - **Claim gains** sends your JitoSOL to your wallet and leaves your deposit in place. - **Withdraw everything** takes your whole deposit and your gains in one transaction. Neither depositing nor withdrawing needs a price, so the pool stays open even when the oracle is stale. Before any deposit or withdrawal, the program settles interest at every rate. Interest earned before you arrived goes to the depositors who were there, and interest earned while you were in goes to you. > [!INFO] > The pool has sixteen seats. A seat frees up when its depositor withdraws everything, PLMB and JitoSOL. If all sixteen are taken, the app says so and the deposit is refused. ## The risks you take - **Your PLMB becomes JitoSOL.** After a liquidation part of your deposit is JitoSOL, and its dollar value moves with the market until you sell it. - **A late liquidation can cost you.** The pool's 110% is a cap, not a floor. If a trove is liquidated after it fell below 100%, the pool repays more PLMB than the JitoSOL it receives is worth. - **PLMB's own price.** Your deposit is PLMB. If PLMB trades below $1, so does your deposit's market value.