# Stability Pools

## Opening a Stability Pool account

In this section, you will learn how to open a Stability Pool account, via the web application.

{% hint style="info" %}
Opening a Stability Pool account has risks. 

As CDP liquidation occurs, some of your deposited iAssets will be burned. In exchange, you will receive a pro-rata share of ADA collateral from each liquidated CDP, which will be claimed as rewards automatically.
{% endhint %}

### Summary

Opening a Stability Pool account corresponds to depositing iAssets in a Stability Pool for the first time. 

{% hint style="info" %}
Opening a Stability Pool account incurs a 5 ADA fee that will be redistributed to Stability Pool providers.
{% endhint %}

### Detail

1\. From the Stability Pool page, click on the **Open Account** button.

<figure><img src="https://20369032-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FnyeBVQAS0X1aGXABzyhK%2Fuploads%2FZae6aKQXnriatac1yR35%2FSP%2001%20-%20Deposit.png?alt=media&#x26;token=6dcfaac6-a0a5-434d-b6c1-e9b9d7e8f19f" alt=""><figcaption><p>Indigo Web App - Stability Pool</p></figcaption></figure>

2\. Input the amount of iAsset you wish to deposit or click on one of the button below to pre-fill the input field based on the iAsset balance of the connected wallet.

3\. Tick the checkbox, and click on the **Open Account** button. You will be prompted to sign the transaction. Once the transaction is validated on the blockchain, your iAssets will be deposited into the Stability Pool.

<figure><img src="https://20369032-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FnyeBVQAS0X1aGXABzyhK%2Fuploads%2FPrjRHcgzcqxr1gqQoHPQ%2FSP%2002%20-%20Open%20Account.png?alt=media&#x26;token=5d7a4a76-c111-4370-aedb-d458df339a80" alt=""><figcaption><p>Indigo Web App - Stability Pool - Open Account</p></figcaption></figure>

## Depositing iAssets

In this section, you will learn how to deposit iAssets into a Stability Pool, via the web application.

{% hint style="info" %}
Depositing iAssets in a Stability Pool has risks.

As CDP liquidation occurs, some of your deposited iAssets will be burned. In exchange, you will receive a pro-rata share of ADA collateral from each liquidated CDP, which will be claimed as rewards automatically.
{% endhint %}

### Summary

Depositing iAssets to an existing Stability Pool incurs several fees listed below.

{% hint style="info" %}

* A Stability Pool account adjustment fee of 1 ADA that will be redistributed to all Stability Pool providers.
* A 2% protocol fee taken from the total amount of ADA rewards you are owed (corresponding to your pro-rata share of seized collateral from liquidated CDPs), which will be redistributed to INDY stakers.
  {% endhint %}

### Detail

1\. From the Stability Pool page, click on the **Manage** button.

<figure><img src="https://20369032-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FnyeBVQAS0X1aGXABzyhK%2Fuploads%2FgHGvZXK34gN9UdzdUi72%2FSP%2005%20-%20Manage.png?alt=media&#x26;token=89789e42-d2bd-46f1-ae7a-a87301a020f8" alt=""><figcaption><p>Indigo Web App - Stability Pool - Manage</p></figcaption></figure>

2\. Input the amount of iAsset you wish to deposit or click on one of the button below to pre-fill the input field based on the iAsset balance of the connected wallet.

{% hint style="info" %}
The ADA collateral seized from liquidated CDPs that you are owed will be automatically sent to your wallet.&#x20;

The amount you are owed depends on how many shares of the Stability Pool you own (i.e.: how many iAssets you have deposited versus how many total iAssets are in the Stability Pool).
{% endhint %}

3\. Tick the checkbox, and click on the **Deposit** button. You will be prompted to sign the transaction. Once the transaction is validated on the blockchain, your iAssets will be deposited into the Stability Pool.

<figure><img src="https://20369032-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FnyeBVQAS0X1aGXABzyhK%2Fuploads%2F9X7bw9XgvZdLALfFInWL%2FSP%2002-2%20-%20Deposit.png?alt=media&#x26;token=54ff12df-806d-4667-b600-ac5be602c811" alt=""><figcaption><p>Indigo Web App - Stability Pool - Deposit iAssets</p></figcaption></figure>

## Withdrawing iAssets

In this section, you will learn how to withdraw iAssets from a Stability Pool, via the web application.

{% hint style="info" %}
Seeing fewer iAssets than originally deposited?&#x20;

As CDP liquidation occurs, some of your deposited iAssets will be burned. In exchange, you will receive a pro-rata share of ADA collateral from each liquidated CDP.
{% endhint %}

### Summary

There could be 2 scenarios when withdrawing iAssets in a Stability Pool:

* Scenario A: Partial withdrawal of iAssets
* Scenario B: Total withdrawal of iAssets (corresponds to closing your Stability Pool account)

{% tabs %}
{% tab title="Scenario A" %}
The partial withdrawal of iAssets incurs several fees listed below.

{% hint style="info" %}

* A Stability Pool account adjustment fee of 1 ADA that will be redistributed to all Stability Pool providers.
* A 2% protocol fee taken from the total amount of ADA rewards you are owed (corresponding to your pro-rata share of seized collateral from liquidated CDPs), which will be redistributed to INDY stakers.
  {% endhint %}
  {% endtab %}

{% tab title="Scenario B" %}
The closing of your Stability Pool account incurs a fee listed below.

{% hint style="info" %}
A 2% protocol fee taken from the total amount of ADA rewards you are owed (corresponding to your pro-rata share of seized collateral from liquidated CDPs), which will be redistributed to INDY stakers.
{% endhint %}
{% endtab %}
{% endtabs %}

### Detail - Scenario A

1\. From the Stability Pool page, click on the **Manage** button.

<figure><img src="https://20369032-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FnyeBVQAS0X1aGXABzyhK%2Fuploads%2FgHGvZXK34gN9UdzdUi72%2FSP%2005%20-%20Manage.png?alt=media&#x26;token=89789e42-d2bd-46f1-ae7a-a87301a020f8" alt=""><figcaption><p>Indigo Web App - Stability Pool - Manage</p></figcaption></figure>

2\. Input the amount of iAsset you wish to withdraw or click on one of the button below to pre-fill the input field based on the amount of iAssets you have deposited in the Stability Pool.

3\. Tick the checkbox, and click on the **Withdraw** button. You will be prompted to sign the transaction. Once the transaction is validated on the blockchain, your iAssets will be sent to your wallet.

<figure><img src="https://20369032-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FnyeBVQAS0X1aGXABzyhK%2Fuploads%2Fcyok7pcKGWdmhlKO6hoH%2FSP%2003%20-%20Withdraw.png?alt=media&#x26;token=10034eb7-b96a-4d37-991d-8003f57d300d" alt=""><figcaption><p>Indigo Web App - Stability Pool - Withdraw</p></figcaption></figure>

### Detail - Scenario B

1\. From the Stability Pool page, click on the **Manage** button.

<figure><img src="https://20369032-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FnyeBVQAS0X1aGXABzyhK%2Fuploads%2FgHGvZXK34gN9UdzdUi72%2FSP%2005%20-%20Manage.png?alt=media&#x26;token=89789e42-d2bd-46f1-ae7a-a87301a020f8" alt=""><figcaption><p>Indigo Web App - Stability Pool - Manage</p></figcaption></figure>

2\. Input the total amount of iAssets you currently have in the Stability Pool or click on the **100%** button below to automatically fill the input field.

3\. Tick the checkbox, and click on the **Close Account** button. You will be prompted to sign the transaction. Once the transaction is validated on the blockchain, the iAssets will be sent to your wallet.

<figure><img src="https://20369032-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FnyeBVQAS0X1aGXABzyhK%2Fuploads%2FqrU0HPwDqLLtpE7SeU61%2FSP%20-%2006%20-%20Close%20Account.png?alt=media&#x26;token=3072d7d9-63dd-46a8-a1be-37886dce52d9" alt=""><figcaption><p>Indigo Web App - Stability Pool - Close Account</p></figcaption></figure>