This is a referendum whose proposer address (4dVh3hjfMoLccC7bqSxgzS7vsbwcTkiPaB7QmFF8f6L1fDbM) is shown in on-chain info below. Only this user can edit this description and the title. If you own this account, login and tell us more about your proposal.

Create a new pool

Initialise a new pool with the given ID and tranche
configuration. Tranche 0 is the equity tranche, and must
have zero interest and a zero risk buffer.

The minimum epoch length, and maximum NAV age will be
set to chain-wide defaults. They can be updated
with a call to `update`.

The caller will be given the `PoolAdmin` role for
the created pool. Additional administrators can be
added with the Permissions pallet.

Returns an error if the requested pool ID is already in
use, or if the tranche configuration cannot be used.

- **Problem Statement:** New Silver is proposing to launch NS Pool 3 on Centrifuge to provide investors with on-chain exposure to real estate backed loans, aiming to enhance returns and lower capital costs.
- **Significance:** NS Pool 3 aims to offer investors a unique opportunity to access real estate backed loans on-chain, potentially revolutionizing the investment landscape.
- **Proposed Solution:** Launching NS Pool 3 on Centrifuge to securitize real estate backed loans directly from New Silver Lending LLC.
- **Expected Outcomes:** Enhanced returns and reduced capital costs for investors through on-chain exposure to real estate backed loans.

Referendum #52

No Active Proposals