The following several stakeholders are involved in the formation, participation, and execution of Indentura pools:
- Whales - often high net worth individuals or firms, whale are liquidity providers who deploy capital into pools and participate in DAO governance, including voting on pool parameters. Whales seek to generate their desired risk-mitigated yields through providing tokens to, and participating in the governance of, Indentura pools.
- Sharks - Sharks are individuals or firms with “alpha” or domain expertise that seek capital from liquidity providers to help facilitate their pool strategy. Sharks propose pool parameters based on narrowly defined strategies and operate the strategy by executing the fund deployment within the defined guardrails.
- Agent - The agent administers the pool, which entails servicing at the direction of whales or community governors, monitoring pool activities, and providing reporting to whales. The agent ensures that whale funds that are transferred to sharks are deployed in accordance with pool parameters. Agents facilitate pool deposits and withdrawals at the direction of sharks and whales.
- Protocols / Platforms - Protocols and platforms can setup pools to jumpstart or maintain liquidity for their assets. Members from protocol teams may recruit sharks or propose pool parameters in a community DAO framework. For example, an RWA protocol may look to create an Indentura pool to drive liquidity growth for their tokenized RWA assets.
- Service Providers - Service providers provide ancillary services for pools, including legal services, tax reporting, and trading automation. Sharks and whales can find a list of vetted service providers from DAO forums.