# The POP: Template & Criteria

**URL:** <https://gov.centrifuge.io/t/the-pop-template-criteria/3847>\
**Category:** Pool Onboarding Proposals (POP)\
**Created:** [April 22, 2022, 5:29pm UTC](https://gov.centrifuge.io/t/the-pop-template-criteria/3847 "2022-04-22T17:29:01Z")\
**Posts on this page:** 1\
**Showing post:** 1

<div class="post-metadata">

**Author:** ![ctcunning](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.centrifuge.io/ctcunning/32/832_2.png) [@ctcunning](https://gov.centrifuge.io/u/ctcunning)\
**Post date:** [April 22, 2022, 5:29pm UTC](https://gov.centrifuge.io/t/the-pop-template-criteria/3847/1 "2022-04-22T17:29:01Z")

</div>

## The POP Overview

The POP is the Pool Onboarding Proposal. This Proposal is the foundation and first document that any organization or individual seeking to finance RWAs through the Centrifuge protocol should complete.

It serves as a point of introduction and interaction mechanism between the POP and the Centrifuge community. It will enable discussions to begin quickly and publicly through the Centrifuge Forum. It also allows for the governance process to begin and enables the broader DeFi ecosystem to understand a specific POP’s potential value to the DeFi ecosystem.

[The POP Process](https://gov.centrifuge.io/t/introducing-the-centrifuge-pop-process/3846) and the [POP Process (Stage 1)](https://gov.centrifuge.io/t/the-pop-process-proposal-stage-1/3844) should be consulted in advance of submitting a POP to ensure appropriate understanding of why this process exists and how it works.

Before downloading the POP template, please review the POP Criteria below. The POP Criteria is absolutely critical to understand before submitting your POP. POP Criteria Score and determines if a POP will be supported by the community in continuing the process.

[Please download this POP Template](https://docs.google.com/document/d/1naszLWjnSc3oRC9lDq6M_zVVzR2abecX26JZKNRegNU/edit?usp=sharing):

- Provide complete answers to all fields
- Submit it through the [Pool Onboarding Proposal Category](https://gov.centrifuge.io/c/pool-onboarding-proposal/51) of the Forum

To join the Centrifuge community and submit a POP, please create a [Centrifuge Forum account](https://gov.centrifuge.io/).

Let’s begin.

## The POP Criteria

Before submitting a POP please review the POP Criteria below. All information submitted via a POP will be reviewed and verified by multiple parties through the POP Process.

1. Business Years in Operation: 2 years+
2. Off-Chain Institutional Investors: Yes/No (they’re willing to be brought on chain)
3. Strong Pipeline: 12 month forecast that is 2x “Pool Value in 1 Year”
4. Volume Originated last 2 years: At least 2x of target pool size on launch
5. Historical Loan Tape : 2 years+
6. TIN Tranche: Pool Manager is able to fund the TIN up to $50 million in Pool Value, which is at least $5M in self-funded first-loss capital
7. DROP Tranche: Pool Manager is able to fund a portion of the DROP tranche (insert how much)
8. Pool Value at Launch: $10+ million
9. Pool Value in 1 Year: $50+ million
10. Asset Maturity: Ideally less than 2 years; 3 years maximum

# The POP Template

When submitting your POP, please title it as so “POP: Business Name”

Overview:

- Business Name:
- Current AUM:
- $ Volume of Transactions Completed Last 12 months:
- Target Launch Date:
- Location and Team Size:
- Years in Operation:
  - If less than 2 years in operation, number of years founding team has worked together:

- Historical Loan Tape (years):
- Key Professional Partners (legal, accounting, operational, technical, structuring):

Strategy:

- Business

- Capital

- DeFi

Structure: Risk & Terms

- Please explain the key risks inherent in this opportunity and asset class:

- Pool Size & Pipeline:

- Asset & Rates:

---

_[View the full topic](https://gov.centrifuge.io/t/the-pop-template-criteria/3847)._