# Pool Parameters The isolated pool model is a unique approach to managing and organising collections or markets. This model entails that each pool acts as its own distinct entity, with its own set of unique properties and characteristics. ### Pool Name One of the notable features of this model is the fact that each pool has a unique name, which serves to distinguish it from other pools and to identify it as a distinct entity. This name can be based on a variety of factors, such as the DAO sponsoring the pool, the community of users the pool is serving, or simply the assets contained within it. Overall, the unique name of a pool is a crucial aspect of the isolated pool model, and is an important way to differentiate one pool from another. ### Liquidation incentive Each pool need to be maintained solvent. This is done primarily by ensuring that unhealthy positions are liquidated in a timely manner, which requires not only available on-chain liquidity for such liquidations to take place, but also incentives for such liquidations to take place. In a decentralised system, liquidators will compete to perform these liquidations, both ensuring protocol solvency and earning rewards for performing these liquidations. **Usually, a liquidation of at least 8% is advisable.** ### Pool ownership Once the pool has been created by us, and its base structure is setup, we offer partners the ability to retain ownership of the pool. This might be a requirement for certain DAOs and governance structures, as it would allow full control over the pool parameter setting, as well as the ability to perform upgrades to the contracts. We also understand that partners prefer to leave the pool ownership to Midas, as managing a pool can be a burden a partner might not be interested in having. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.ionic.money/partner-and-pool-operator-documents/pool-customisations/pool-parameters.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.