Allowed LP Pools
Governance-controlled allowlist for the pools and LP families Avana is prepared to accept as collateral.
Overview
Avana only accepts LP collateral from pools that have been reviewed and approved. The allowlist exists because LP support is not automatic for every pool on a DEX. The protocol needs enough information to price the position, manage liquidation, and bound the risk it is taking on.
Pool approval works alongside Collateral Factors and Risk Framework. The allowlist decides whether a pool may enter the system; collateral factors decide how much borrowable value each admitted position can contribute.
Review Criteria
A pool enters the allowlist only when the protocol can answer the same basic questions every time: can it price the position, can it exit the position, and can it monitor the risk in production.
- Reliable external price coverage for the underlying assets
- Sufficient pool depth and credible unwind paths during liquidation
- Clear admissibility rules for the LP family or spoke template
- Acceptable concentration, volatility, and peg-stability profile
- Operational support for indexing, fee handling, and liquidation routing
Pool Families
Stable and correlated pools
Often the easiest to admit when pricing is reliable, peg behavior is understood, and unwind depth remains strong.
Blue-chip volatile pools
Can be supported, but usually with more conservative collateral factors, liquidity checks, and tougher liquidation assumptions.
Concentrated liquidity positions
Require position-level valuation and careful handling of active range, one-sided inventory, and fee state.
Custom or experimental designs
Need explicit oracle, custody, and liquidation support before they can be considered for the allowlist at all.
Risk Application
Pool approval does not mean a position gets generous credit treatment. After a pool is admitted, each LP position is still valued on its own, discounted according to its risk treatment, and then added to the user's borrowing capacity inside the Borrow Spoke.
That is why pool approval and collateral valuation are tightly linked. A pool can be safe enough to admit while still requiring conservative caps, lower LTVs, or stricter liquidation handling once it is live.
Integration Notes
Builders should think in terms of approved pool templates and deployment-specific allowlists, not as if every LP on a DEX is automatically supported.
New pool families usually require coordinated work across oracle handling, liquidation routing, risk limits, and monitoring infrastructure before they are safe to enable.