System Pool refers to a shared pool of resources or liquidity within a blockchain or decentralized finance (DeFi) ecosystem. It is often used by platforms that facilitate trading, lending, or borrowing. Participants contribute assets to the pool, enabling users to access funds without needing to find counterparties for transactions.The assets in a System Pool can serve various functions, such as providing liquidity for trading pairs or enabling efficient borrowing and lending. In return, participants who contribute to the pool may earn fees or interest based on the transactions conducted with their assets.Using a System Pool can enhance efficiency and accessibility, allowing users to engage with financial services more easily and quickly. It also helps stabilize markets by ensuring there’s enough liquidity available for trading and other financial activities. By pooling resources, participants can benefit from collective engagement while minimizing individual risk.
BitMine Reports $13.4 Billion in Crypto and Cash Holdings
BitMine Immersion Technologies on Monday reported total holdings of $13.4 billion in cryptocurrency, cash, and equity stakes, reinforcing its position