Knowla / Learn / Pools guide / Lesson 6
Lesson 6 of 7
The Knowla read and the checklist
How the one-word read is chosen, and the four checks on every pool page.
Knowla puts a one-word read on every pool so a long table can be scanned. It is a rule applied to the same columns you can see, not an opinion about the project.
How the read is chosen
The rules run in this order, and the first one that fits wins.
- Reward-heavy: APR above 80% and more than 70% of it from rewards.
- High IL risk: the provider flags the pair as likely to diverge.
- Above recent average: APR more than 1.8 times its 30-day mean.
- Fee-backed: fee APR at least 60% of the total.
- Check composition: none of the above, so split the number yourself.
The decision checklist
A pool's own page adds four pass-or-watch checks: fee share at least 60%, IL not flagged high, APR within 80% of its 30-day mean (or no mean to compare), and TVL of at least $5M. The count of passes is a filter, not a score to optimise.
What it is not
Neither the read nor the checklist knows about smart-contract risk, the reward token's price, the size of your deposit, or how long you will stay. A pool that passes every check can still lose money, and one that fails can still suit someone who is farming a reward on purpose.
See it on the data.
Open the Pools table